Casela Advisors | FLA Return Filing

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.

Our FLA Return Filing Services

Eligibility Assessment

Determining whether your company is required to file FLA return.

Data Compilation

Collection and structuring of financial and foreign investment data.

Return Preparation

Preparation of FLA return in RBI prescribed format.

Online Filing

Submission through RBI’s FLAIR portal.

Revision Handling

Assistance with revised returns in case of errors or updates.

Compliance Advisory

Ongoing support for FEMA and RBI compliance requirements.

Our Process

Assessment of applicability
Collection of financial and investment details
Preparation of FLA return
Filing on FLAIR portal
Post-filing review and support

Why It Matters

Ensures compliance with RBI and FEMA regulations
Avoids penalties and regulatory notices
Maintains accurate foreign investment records
Supports smooth audits and due diligence
Builds credibility with stakeholders

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.

Need Help with FLA Return Filing?

Stay compliant with RBI requirements through accurate and timely filing.

Talk to an Expert