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IndianTaxPert — Simplifying Business Registration & Compliance in India | Company Incorporation • LLP Formation •

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RBI FLA Annual Filing

Timely FLA Return Filing Under FEMA

Indian companies or LLPs that receive FDI or make overseas investments are required to submit their FLA (Foreign Liabilities & Assets) returns to the Reserve Bank of India (RBI) by 15th July each year. IndianTaxpert provides end-to-end assistance in preparing, reviewing, and filing your FLA returns online, including revisions if necessary.

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    What is an FLA Return?

    An FLA Return is an annual report submitted to RBI, documenting the foreign assets and liabilities held by Indian entities. It applies to companies and LLPs that either receive foreign investment or invest in foreign subsidiaries or joint ventures.

    FLA Returns Filing – Who Should File & How

    IndianTaxpert ensures FLA returns filing is accurate, timely, and fully compliant with RBI and FEMA regulations.

    Who Should File FLA Returns?

    • Entities receiving FDI in the current financial year
    • Entities making Overseas Direct Investments (ODI)
    • Entities with outstanding foreign assets or liabilities from previous years

    FLA Filing Process

    1

    Create User Account on RBI FLAIR Portal

    Sign up on the RBI FLAIR portal with your company and authorized signatory details. Upload verification and authority letters to receive login credentials.

    2

    Login and Access FLA Return Form

    Use your credentials to log in and navigate to the online FLA return form.

    3

    Prepare and Submit the Return

    Complete the 5 sections: entity identification, financial details, foreign liabilities, foreign assets, and verification report (auto-generated).

    4

    Receive Acknowledgement

    Confirmation displayed upon successful submission of the FLA return.

    Documents Verified by IndianTaxpert

    • CIN of Company / LLP (dummy CIN for partnerships/trusts/foreign branches)
    • Company PAN & Authorized Person’s PAN
    • Authority and Verification Letters on company letterhead
    • Audited or Unaudited Financial Statements
    • Employee List on payroll
    • FDI/ODI details & Shareholding Pattern
    • Proof of Registered Office
    • Official Mobile Number & Email ID of company and authorized signatory
    • Business activity as per NIC Code

    FLA Return Due Date & Penalties

    Category Details
    Due Date 15th July every year
    Revised Filing By end of September if original financials were unaudited
    Penalty for Non-Compliance Up to 3 times the amount involved or Rs. 2 Lakhs + Rs. 5,000/day for continued delay
    Late Submission Fee (LSF) Rs. 7,500 per return

    Entities Exempted from FLA Filing

    • Companies issuing shares to NRIs on a non-repatriable basis
    • Entities with nil foreign assets or liabilities
    • Entities receiving only share application money
    • Entities with no outstanding foreign liabilities during the reporting period

    Why Choose IndianTaxpert?

    • Accurate and timely filing of FLA returns
    • End-to-end support from experienced professionals
    • Personalized service and transparent tracking
    • Competitive pricing with no hidden charges
    • Continuous updates on filing status