RBI FLA Return Due Date and late submission fee

The RBI FLA Return: A Clear & Simple Guide

An interactive walkthrough of the Foreign Liabilities and Assets (FLA) return, a mandatory annual filing for Indian entities with foreign investments.

Key Filing Deadline

July 15th

Anually

The FLA Return must be submitted through the RBI's FLAIR portal by this date each year.

Who is Required to File?

If your Indian entity has received Foreign Direct Investment (FDI) or has made Overseas Direct Investment (ODI), you must file the FLA Return. This applies to the following entity types:

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Companies

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Limited Liability Partnerships

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Partnership Firms

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Other Entities

Inside the FLA Form

The FLA return is organized into four sections. Click each tab below to see the specific information required for each part of the filing.

Section I: Identification Details

This section captures the basic identity of your entity. While details like Name, PAN, and CIN are pre-filled, you must provide other key business identifiers.

• Nature of Business & Account Closing Date
• Status (Listed, Merged/Amalgamated)
• Entity Type (Subsidiary, Associate, etc.)
• Asset Management Company status
• Existence of Technical Foreign Collaboration
• Confirmation of business activity in the financial year

Section II: Financial Details

Here, you'll report key financial data drawn directly from your company's audited accounts for the reporting year.

• Total Paid-Up Capital and its bifurcation
• Details from Profit and Loss Account
• Reserves & Surplus from the Balance Sheet
• Total Sales and Purchases during the year
• Total number of employees

Section III: Foreign Liabilities

This section details all investments made *by foreign entities into your Indian company*.

• Foreign Direct Investment (FDI) with >= 10% equity holding
• Foreign Direct Investment (FDI) with < 10% equity holding
• Portfolio Investments (Equity, Debt, Bonds)
• Any Disinvestments during the year
• Other liabilities like Trade Credits, Loans, and Deposits from foreign parties

Section IV: Foreign Assets

This section is the reverse of Section III, capturing all investments your Indian entity has made *in foreign countries*.

• Overseas Direct Investment (ODI) made abroad
• Portfolio Investments held in foreign markets
• Other assets like Trade Credits extended, Loans given, and foreign currency deposits

The Cost of Delay: Late Submission Fee (LSF)

Failing to file by the July 15th deadline incurs a Late Submission Fee (LSF). The RBI has standardized this penalty, making it predictable and uniform.

LSF for FLA Return Delay

₹7,500

A fixed penalty is applied for each delayed FLA return filing. This new system replaces the old, much costlier "condonation" process.

Penalty Comparison: New vs. Old

This application is an interactive summary for informational purposes and does not constitute legal or financial advice. All information is based on the RBI FLA Return guide.