Annual Return on Foreign Liabilities and Assets (FLA return) under FEMA 1999
FLA is a return filed by an Indian Company, which received FDI (foreign direct investment) and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year i.e. who holds foreign Assets or Liabilities in their Balance Sheets.
Due Date- FLA return is mandatory under FEMA 1999 and companies are required to submit the same based on audited/ unaudited account by July 15 every year
If the company’s accounts are not audited before the due date of submission, i.e. July 15, then the FLA Return should be submitted based on an unaudited (provisional) account.
If the Indian company does not have any outstanding investment in respect of inward and outward FDI as of end-March of the reporting year, the company need not submit the FLA Return.
If the Partnership firms, Branches, or Trustees have any outward FDI outstanding as of end-March of the reporting year, then they are required to send a request mail to get a dummy CIN number which will enable them to file the Excel-based FLA Return. If any entity has already got the dummy CIN number from the previous survey, they should use the same CIN number in the current survey also.
Process of filing of return
The Return has to be mailed through the official email id of any authorized person like CFO, Director, Company Secretary, etc. on email@example.com in the Excel-based format available on
Annual return on Foreign Liabilities and Assets
The company can download the updated FLA return every year by end of May.
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