The Foreign Liabilities and Assets (FLA) Return is an annual compliance requirement for Indian entities that have received Foreign Direct Investment (FDI) or made overseas investments. It must be filed with the Reserve Bank of India (RBI) within the prescribed timeline.
Many businesses miss this filing due to lack of awareness or confusion around reporting formats, financial data requirements, and eligibility. Non-compliance can lead to penalties under FEMA regulations.
We ensure accurate and timely FLA return filing, helping you stay compliant and avoid regulatory risks.
FAQs on FLA Return Filing
Who needs to file FLA return?
Any Indian company or LLP that has received FDI or made overseas investment must file FLA return.
What is the due date for FLA filing?
The FLA return is generally required to be filed by 15th July every year.
Is FLA filing mandatory even if no new investment is made?
Yes, it must be filed annually as long as foreign investment exists.
What happens if FLA return is not filed?
Non-filing may attract penalties under FEMA and lead to compliance issues.
Can FLA return be revised?
Yes, revised returns can be filed in case of incorrect or updated information.