FDI Compliance

RBI Compliance — FDI Compliance

Stay on top of every RBI filing for foreign investment.

About RBI Compliance — FDI Compliance

Companies with foreign investment have continuing obligations to the RBI beyond the initial FC-GPR. These include filing Form FC-TRS when shares are transferred between a resident and a non-resident, submitting the annual Foreign Liabilities and Assets (FLA) return by 15 July, and complying with sectoral conditions, downstream-investment reporting and any compounding of past defaults. Keeping track of these filings and deadlines is essential to avoid penalties and to maintain a clean record for future foreign transactions and audits. We act as your dedicated RBI-compliance partner — maintaining a compliance calendar, filing FC-TRS and FLA returns, and advising on any regularisation needed for past lapses.

Who needs this

Companies and investors with existing FDI who must maintain ongoing RBI compliance.

Documents required

The process — step by step

  1. Map all applicable RBI filings and deadlines
  2. File FC-TRS for share transfers
  3. File the annual FLA return by 15 July
  4. Handle downstream-investment reporting
  5. Regularise past defaults via compounding if needed

Timeline & fees

Timelines and government fees are indicative and subject to processing by the relevant authority. Approval and its timing are decided by the authority and cannot be guaranteed.

Frequently asked questions

When is Form FC-TRS filed?

When shares are transferred between a resident and a non-resident, within the prescribed time.

Who files the FLA return?

Companies that have received FDI or made overseas investment, by 15 July each year.

Can past FEMA defaults be fixed?

Yes, through the RBI's compounding process, which we can manage for you.

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Tax Guider — A unit of Corpzen Advisors Private Limited, Chennai, Tamil Nadu.

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