FLA Return Filing

Q: What is the due date for the FLA Return?

The FLA Return must be filed by 15 July each year, with a provisional filing allowed if audited accounts are not ready, revised by 30 September.

Q: Is the FLA Return required if there was no new foreign transaction during the year?

Yes, if any outstanding foreign investment or overseas investment exists as of 31 March, filing is required even without a fresh transaction.

Q: What happens if the FLA Return is not filed?

Non-filing is a violation of FEMA reporting requirements and can attract penalty and compounding proceedings.

Q: Is the FLA Return filed separately for each entity in a group?

Yes, each Indian entity with reportable foreign liabilities or assets must file its own FLA Return separately.

Any Indian entity that has received foreign direct investment or made overseas investment in the past, and continues to hold such foreign assets or liabilities, must file the Foreign Liabilities and Assets (FLA) Return with the Reserve Bank of India every year. We prepare and file the FLA Return accurately and on time, based on your company's financial statements.

Applicability Check

Determining whether your entity is required to file the FLA Return based on outstanding foreign investment held or made as of 31 March.

Data Compilation from Financials

Mapping balance sheet figures, shareholding pattern, and foreign investment details into the FLA Return's required format.

Provisional and Revised Filing

Filing on a provisional basis where audited accounts are not finalised by the due date, followed by a revised return once audit is complete.

Online Submission Support

Filing the return through the RBI's FLAIR portal, including entity registration, user creation, and submission confirmation.

What is the FLA Return?

The FLA Return captures an entity's outstanding foreign direct investment received and overseas direct investment made, along with associated income flows, as of the end of the financial year. It is filed annually with the RBI, separately from the income tax return, and is a distinct requirement from transaction-based filings such as Form FCGPR or FC-TRS.

FLA filing typically follows transaction reporting such as FDI reporting and works alongside ODI compliance for entities holding investments abroad, since both are consolidated into the same annual disclosure.

Who Must File the FLA Return?

Indian companies that have received FDI and continue to hold foreign investment in their books as of 31 March
LLPs that have received capital contribution from foreign partners
Indian entities that have made overseas direct investment and hold outstanding foreign assets
Alternative investment funds and other entities with reportable foreign liabilities or assets, even where the amount is nil for the year but prior investment remains outstanding

Why Choose Us for FLA Return Filing?

We track FLA applicability across our client base each year, coordinate with the audit timeline to file provisional and revised returns where needed, and manage FLAIR portal access on your behalf. This keeps your entity compliant without last-minute scrambling before the deadline.

If you are searching for "FLA Return filing consultants" or "RBI annual return for FDI and ODI," we handle the entire filing process from data compilation to final submission.

Frequently Asked Questions

What is the due date for the FLA Return?

The FLA Return must be filed by 15 July every year based on the previous financial year ending 31 March. If audited accounts are not ready by then, the return can be filed on a provisional basis using unaudited figures and later revised by 30 September.

Is the FLA Return required if there was no new foreign transaction during the year?

Yes. If the entity holds any outstanding foreign investment or overseas investment as of 31 March, the FLA Return is required even if no fresh transaction occurred during the year.

What happens if the FLA Return is not filed?

Non-filing of the FLA Return is treated as a violation of FEMA reporting requirements and can attract penalty under the Act, along with the possibility of compounding proceedings for the delay.

Is the FLA Return filed separately for each entity in a group?

Yes. Each Indian entity with reportable foreign liabilities or assets must file its own FLA Return, even if it belongs to a larger corporate group where other entities are filing separately.

File Your FLA Return Without Missing the Deadline

Accurate, on-time FLA Return filing based on your company's foreign investment position.

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