FLA Return Filing annual foreign assets and liabilities, filed by 15th July.

The Foreign Liabilities and Assets return, commonly called FLA, is an annual return that every Indian entity which has received foreign direct investment or made overseas direct investment is required to file with the Reserve Bank of India under the Foreign Exchange Management Act. The return captures the stock of outstanding foreign liabilities (FDI received, external commercial borrowings, ADR/GDR issuances) and foreign assets (overseas direct investment, foreign equity holdings) as on 31st March of the financial year, together with related profit, dividend, and disinvestment data.

FLA filing is mandatory for every Indian company, LLP, AIF, and partnership firm that has received any FDI in the past or has made any ODI in the past and continues to have outstanding foreign assets or liabilities on the reporting date. Even where there is no fresh transaction during the year, a NIL or unchanged-balance FLA must still be filed. The return is submitted on the dedicated FLAIR portal of RBI, which is separate from the FIRMS portal used for FDI reporting. The due date is 15th July of each year, based on audited or provisional financials.

Our FLA filing practice supports startups, mid-market companies, listed entities, and AIFs through the full annual filing cycle. We handle FLAIR portal registration, data preparation, mapping of shareholder and investment data, classification of foreign assets and liabilities, drafting of management certifications, return submission, and acknowledgement archival. Where filings are pending for past years, we manage regularisation, Late Submission Fee payments, and compounding applications before RBI.