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FLA Return Filing | RBI FEMA Compliance | N D Salva
FLA Return Filing – RBI FEMA Compliance
Accurate FLA Return Filing with N D Salva
Indian companies and LLPs engaged in foreign investments must file the annual
Foreign Liabilities and Assets (FLA) Return under FEMA, 1999, as mandated by the
Reserve Bank of India (RBI).
At N D Salva Advocates & Legal Consultants, our legal professionals and compliance experts
provide end-to-end support in preparing and filing the FLA Return accurately and on time, ensuring complete
FEMA compliance and penalty-free reporting.
What is the FLA Return?
The FLA Return is a mandatory annual filing for entities that have:
- Received Foreign Direct Investment (FDI)
- Made Overseas Direct Investments (ODI)
- Foreign equity participation of 10% or more
The return captures India’s foreign assets and liabilities as on March 31 each year.
Who Must File the FLA Return?
- Companies under the Companies Act, 2013
- LLPs registered under the LLP Act, 2008
- SEBI-registered AIFs
- Partnership firms and JVs with FDI/ODI
- Entities with 10% or more foreign equity
- Entities with any amount of ODI
Who Is Exempt?
- No FDI/ODI in current or past year
- Only share application money pending, with no outstanding investment
- Foreign shareholders fully exited before March 31
Due Date for Filing
- July 15 every year
- Provisional filing allowed if audited financials are not ready
- Revised filing permitted until September 30
Consequences of Non-Compliance
- Late Submission Fee (LSF): ?7,500
- FEMA Penalties: up to 300% of the amount involved
- Minimum penalty: ?2,00,000
- ?5,000 per day for continued delay
Information Required in the FLA Return
- Identification details (CIN, PAN, NIC Code, FDI status)
- Paid-up capital, reserves, P&L figures
- Domestic & export sales details
- Foreign liabilities (FDI, portfolio investments, other liabilities)
- Foreign assets (ODI, portfolio investments abroad)
- Auto-generated variation report
Why FLA Compliance Matters
Mandatory FEMA Compliance
Ensures your entity meets all RBI reporting requirements.
Accurate Foreign Asset Reporting
Maintains transparency in global financial exposure.
Avoid Heavy Penalties
Prevents FEMA prosecution, late fees, and scrutiny.
Audit-Proof Documentation
We prepare compliant financial data for FLAIR Portal.
Global Compliance
Ensures accurate foreign investment reporting.
End-to-End Filing
From portal registration to submission — we do it all.
Step-by-Step FLA Filing Process
- Step 1: Register on the FLAIR Portal
- Step 2: Upload authorization & entity documents
- Step 3: Receive login credentials
- Step 4: Prepare FLA Return (all sections)
- Step 5: Verify accuracy & submit
- Step 6: Download acknowledgment
Why Choose N D Salva for FLA Filing?
- Expert FEMA & RBI Compliance Team
- Accurate financial data preparation
- Portal registration & full documentation support
- Penalty-free, timely submission
- Confidential handling of your financial data
- Legal precision and advisory support
Need to File Your FLA Return?
Let N D Salva handle your end-to-end FEMA & RBI compliance with accuracy.
Contact Us
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