FLA Return Compliance
File your annual Foreign Liabilities and Assets return with the RBI by 15 July every year — mandatory for all companies with outstanding FDI, ODI or ECB, filed on the FIRMS portal.
File your FLA return before 15 July
Share your company's foreign investment and overseas investment details. We file the FLA return on FIRMS on time.
Talk to a CS →A complete FLA return compliance package
Liability and Asset Mapping
All FDI, ODI, ECB and other foreign liabilities and assets identified and quantified.
FLA Return Preparation
Annual FLA return data compiled per RBI format — all schedules completed accurately.
FIRMS Portal Filing
FLA return submitted on the RBI FIRMS portal before the 15 July deadline.
Previous Year Reconciliation
FLA return reconciled with FC-GPR, FC-TRS and SMF data — consistency verified.
Year-on-Year Tracking
Year-over-year FLA data maintained — changes in foreign liabilities and assets tracked and explained.
RBI Acknowledgement
FIRMS portal submission acknowledgement obtained and archived for compliance records.
What FLA return compliance requires
Who Must File
Every company that has received FDI or made ODI — even if the investment was received years ago — must file the FLA return annually.
Deadline: 15 July
FLA return must be filed by 15 July for the preceding financial year ending 31 March — no extensions.
FIRMS Portal Filing
FLA return must be filed on the RBI FIRMS portal — email or offline filing is not accepted.
AD Bank Certificate
The company's Authorised Dealer Bank must certify the FLA data before submission on FIRMS.
All Schedules Completed
All schedules — equity capital, reserves, loans, trade credit — must be completed even if nil.
Consistency with FC-GPR
FLA return data must match FC-GPR and SMF data — RBI cross-checks and queries inconsistencies.
Penalty for missing the FLA return deadline is up to Rs. 2 lakhs plus Rs. 5,000 per day for continuing non-filing. We track the 15 July deadline for every client and file before it arrives — without exception.
Common FLA return filing issues
Simple steps, no surprises
Investment data compiled
All FDI, ODI, ECB and foreign asset-liability positions documented for the financial year.
FLA data prepared
All required schedules completed per RBI format — cross-checked with FC-GPR and SMF.
AD Bank certification obtained
Authorised Dealer Bank certifies the FLA data before portal submission.
Filed on FIRMS by 15 July
FLA return submitted on RBI FIRMS portal — acknowledgement obtained and archived.
Other services you may need
Frequently asked questions
The Foreign Liabilities and Assets (FLA) return is an annual return filed with the Reserve Bank of India. It captures a company's outstanding foreign liabilities (FDI received, ECB, trade credit) and foreign assets (ODI made, overseas loans given) as at 31 March each year.
All Indian companies and LLPs that have received FDI, made overseas direct investment (ODI), have outstanding ECB, or have other foreign liabilities or assets must file the FLA return — regardless of when the investment was made.
The FLA return must be filed by 15 July every year for the financial year ending 31 March. There is no provision for extension. Delayed filing attracts penalty under FEMA.
Non-filing or delayed filing of the FLA return attracts a penalty of up to Rs. 2 lakhs and a continuing penalty of Rs. 5,000 per day. The RBI may also issue a show cause notice and require compounding of the violation.
Yes. As long as the FDI is outstanding — even if the company has no current activity — the FLA return must be filed annually until the FDI is repatriated or the company is wound up.
Ready to file your FLA return on time?
We prepare FLA data, coordinate AD Bank certification and file on FIRMS before 15 July — every year without fail.