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FLA Return Filing for Foreign-Owned Companies | NDSA
FLA return · Every year

Foreign investment on the books? File the FLA every year.

The Foreign Liabilities and Assets return is an annual RBI filing for every Indian company, LLP or fund with foreign direct investment or investment abroad, even in years with no new transactions. Check whether it applies to you.

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15 JulyUsual due date
30 SeptemberRevised return on audited figures
FLAIRThe RBI portal
Do you need to file FLA?

A guide only. We confirm from your shareholding and investments.

01 · The dates

The FLA calendar each year.

  1. 31 March

    Reporting date

    Foreign liabilities and assets are reported as at this date.

  2. April to July

    Prepare the data

    Shareholding, investments abroad and figures from the accounts.

  3. 15 July

    Due date

    File on audited or unaudited figures. The RBI extended the 2026 date to 31 July.

  4. 30 September

    Revised return

    Refile on audited figures if the first return used unaudited ones.

  5. Next year

    Repeat

    Due again while any foreign investment remains.

02 · FLA or FC-GPR

Two filings people often confuse.

PointFLA returnFC-GPR
What it reportsTotal foreign liabilities and assetsA single share allotment
How oftenEvery yearEach allotment
Due15 July30 days from allotment
PortalFLAIR, direct to RBIFIRMS, through your bank
Replaces the otherNoNo

Filing one never satisfies the other. Both are needed for a company that receives FDI.

03 · Key facts

What you need to know.

Who filesFDI or ODI

Companies, LLPs and funds with foreign investment in or out.

Even withNo new money
Due15 July

For the position at the previous 31 March.

Revision30 Sept
Late fee₹7,500

Late submission fee for each delayed return.

BasisPer return
04 · How we file

Our FLA filing process.

  1. 1
    Register

    Set up on FLAIR

    First-time filers register the entity on the portal.

  2. 2
    Collect

    Gather the figures

    Equity, debt, reserves and investments, split between foreign and resident holders.

  3. 3
    Value

    Use the right basis

    Market value for listed companies and own funds method for unlisted ones.

  4. 4
    File

    Submit by 15 July

    On audited figures, or unaudited if the audit isn’t finished.

  5. 5
    Revise

    Refile if needed

    By 30 September once the accounts are audited.

05 · If it’s late

Why not to skip a year.

Fee

₹7,500 per return

A late submission fee applies for each late return.

FEMA

Contravention

Not filing is a FEMA breach, which can lead to penalties or compounding.

Records

Mismatches later

Gaps show up when the RBI or your bank checks FDI records.

Missed past years? We file the missing returns with the late fee, oldest first, and keep records consistent with your FC-GPR filings.
06 · Common myths

FLA myths to drop.

Related services

More on FDI compliance.

The FLA return sits alongside FC-GPR and other FEMA filings.

NRI and family

Business in India

FDI and RBI

Cross-border tax

Wherever you live in Europe

FLA filing for investors across Europe.

We file for Indian companies funded from every EU country, Switzerland and Norway.

BerlinMunichFrankfurtHamburgStuttgartAmsterdamRotterdamThe HagueEindhovenBrusselsAntwerpLuxembourgParisLyonToulouseDublinCorkStockholmGothenburgCopenhagenHelsinkiOsloZurichGenevaViennaMilanRomeMadridBarcelonaLisbonPortoWarsawKrakówPragueBudapestBucharestTallinnVilniusAthensValletta
07 · FAQs

FLA return questions answered.

What is the FLA return?
An annual RBI return of an entity’s foreign liabilities and assets.
Who must file it?
Companies, LLPs and funds with foreign direct investment or overseas investment.
When is it due?
15 July each year, for the position at 31 March.
Was the 2026 date extended?
Yes, the RBI extended it to 31 July for this year.
Can I file before the audit?
Yes, on unaudited figures, and revise by 30 September.
Where is it filed?
On the RBI’s FLAIR portal.
What is the late fee?
₹7,500 for each delayed return.
Is FLA needed with no new investment?
Yes, while any foreign investment is outstanding.
Does FC-GPR replace FLA?
No. They are separate filings.
Can you file past missed returns?
Yes, with the late fee, and we keep records consistent.

Foreign investment on your books? We’ll file the FLA.

Send us your shareholding and latest accounts. We’ll prepare and file the return by the deadline.

File my FLA return +91 9819 000 511

General guidance based on FEMA and RBI directions as they stand. It is not legal advice for your situation; please contact us before acting on it.