FEMA Form (I) for LLP Filing Services

Q: Can any LLP accept foreign capital contribution?

Only LLPs in sectors with 100% FDI under the automatic route and no performance conditions can accept foreign capital contribution without prior approval.

Q: What is the deadline for filing Form (I)?

Form (I) must be filed within 30 days from the date of receipt of the capital contribution, through the LLP's authorised dealer bank.

Q: What documents are needed to file Form (I)?

Foreign inward remittance certificate, KYC report, the LLP agreement reflecting the contribution, and consent of designated partners.

Q: Is a valuation certificate required for LLP capital contribution?

No, unlike share allotment by companies, LLP capital contribution does not require a valuation certificate.

When a Limited Liability Partnership in India receives capital contribution from a foreign partner, the receipt and acceptance of that contribution must be reported to the RBI through Form Foreign Direct Investment-LLP(I). We prepare and file Form (I) accurately, so your LLP's foreign capital contribution is properly recorded on record with the RBI.

Eligibility Review

Confirming that the LLP's sector and business activity permit foreign direct investment under the automatic route before contribution is accepted.

Contribution Reporting

Filing Form (I) within 30 days of receipt of the capital contribution, reporting the amount, contributor details, and profit-sharing ratio.

Partnership Deed Alignment

Ensuring the LLP agreement reflects the revised capital contribution and profit-sharing ratio consistent with the FEMA filing.

Authorised Dealer Coordination

Liaising with the LLP's authorised dealer bank for KYC, remittance certificates, and submission of the filing.

What is FEMA Form (I) for LLPs?

Form (I) is the reporting form used by an Indian LLP to notify the RBI of foreign capital contribution received from a foreign partner or designated partner, similar in purpose to Form FCGPR for companies. It must be filed with the RBI through the LLP's authorised dealer bank within 30 days of receipt of the contribution, along with supporting KYC and remittance documentation.

Form (I) filings are often followed later by Form (II) filings if the contribution is subsequently transferred or disinvested, and both connect to the LLP's overall FEMA and FLA Return compliance.

Who Needs to File Form (I)?

LLPs receiving capital contribution from a person resident outside India as a partner or designated partner
LLPs operating in sectors where 100% FDI is permitted under the automatic route, since FDI in LLPs is restricted to such sectors
LLPs onboarding a new foreign partner and admitting fresh foreign capital into the partnership

Why Choose Us for Form (I) Filing?

We verify sector eligibility before the contribution is accepted, prepare the required documentation, and file Form (I) within the prescribed timeline through your LLP's authorised dealer bank. This avoids the need for a later compounding application due to delayed reporting.

If you are searching for "FEMA Form I filing for LLP" or "foreign capital contribution reporting for LLP," we handle the entire process from eligibility check to final filing confirmation.

Frequently Asked Questions

Can any LLP accept foreign capital contribution?

No. Foreign investment in LLPs is permitted only in sectors or activities where 100% FDI is allowed under the automatic route and there are no FDI-linked performance conditions. LLPs in restricted or conditional sectors cannot accept foreign capital contribution without prior government approval.

What is the deadline for filing Form (I)?

Form (I) must be filed with the RBI within 30 days from the date of receipt of the capital contribution from the foreign partner, through the LLP's authorised dealer bank.

What documents are needed to file Form (I)?

Typical documents include the foreign inward remittance certificate, KYC report of the remitting partner from their bank, the LLP agreement or supplementary agreement reflecting the contribution, and consent of designated partners.

Is a valuation certificate required for LLP capital contribution?

Unlike share allotment by companies, LLP capital contribution does not require a valuation certificate, though the contribution and profit-sharing ratio must be clearly reflected in the LLP agreement and reported accurately in Form (I).

Report Foreign Capital Contribution to Your LLP

Accurate, on-time Form (I) filing for LLPs receiving foreign investment.

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