Route 1: Audited figures available
Accounts are audited before the 15 July due date.
- Register or update entity on FLAIR
- Compile audited foreign assets and liabilities
- File the FLA return by 15 July
FLA Return (FEMA)
File your annual FLA return - foreign assets and liabilities to RBI.
Any Indian company that has received FDI or made overseas investment must file the annual Foreign Liabilities and Assets (FLA) return with the RBI by 15 July each year, through the FLAIR portal - based on audited or, if unavailable, provisional figures.
Qualified CA / CS partners5-7 working daysBest for: Companies with foreign investment or overseas assets
Starting at
₹6,999
FLA
Companies with foreign investment or overseas assets
FLAIR portal registration
Compilation of FDI / ODI data
Annual FLA return by 15 July
Provisional & revised return support
Timeline
5-7 working days
What it is
FLA, explained in plain English.
The Foreign Liabilities and Assets (FLA) return is an annual RBI filing under FEMA required from every Indian entity that has received foreign direct investment, or made overseas direct investment, in the current or any previous year. It captures the entity's foreign liabilities and assets as at the end of the financial year and is filed through the RBI's FLAIR (Foreign Liabilities and Assets Information Reporting) portal by 15 July each year. If audited accounts are not ready by then, the return is filed on provisional figures and revised once the audit is complete.
TL;DR
Received FDI or made overseas investment? File the FLA return on the RBI FLAIR portal by 15 July every year, using audited or provisional numbers.
Key terms
The vocabulary you'll see on the portal.
FLA return
The annual Foreign Liabilities and Assets return filed with the RBI.
FLAIR portal
The RBI's online portal for filing the FLA return.
FDI
Foreign Direct Investment received by the Indian entity.
ODI
Overseas Direct Investment made by the Indian entity abroad.
Provisional return
An FLA filed on unaudited figures, later revised.
Routes & scenarios
Match the situation to the right fix.
Route 2: Provisional then revised
Audit not finalised by the due date.
- File on provisional figures by 15 July
- Complete the statutory audit
- Submit a revised FLA by end-September
The process
FLA - from kickoff to confirmation.
01
Register
We register or update the entity on the RBI FLAIR portal and obtain login credentials.
02
Compile
We collate FDI received, overseas investments made and the closing foreign assets and liabilities.
03
File
We submit the FLA return on the portal by 15 July, on audited or provisional figures as available.
04
Revise
Where filed provisionally, we submit the revised return once audited accounts are ready.
Documents required
What we'll need from you.
Upload via our secure portal. We pre-check every scan before filing - cuts portal rejections by ~90%.
Audited or provisional balance sheet
Details of FDI received (instrument-wise)
Details of overseas investments (ODI)
Shareholding pattern with resident / non-resident split
Profit and reserves position
Company PAN and CIN
FLAIR login credentials
FLA FAQ
Common questions, answered by partners.
Still unsure if FLA is right for your case? Book a free 20-minute consult - a senior CA / CS will walk you through your specifics.
Still have questions?
Book a free 20-minute consult with a senior partner - we'll walk through your case and outline next steps.
Talk to a partner →Every Indian company, LLP or other entity that has received FDI or made overseas direct investment in the current or any preceding financial year must file the FLA return, even if there was no fresh transaction during the year.
Ready when you are
Let's get your FLA sorted this week.
A senior CA / CS will get on a call with you, confirm scope and start the work - usually within 24 hours.