FLA Return & FC-GPR: FEMA Reporting Every Foreign-Funded Company Must File

Any Indian company with foreign investment has ongoing FEMA reporting duties. Two are unmissable: FC-GPR and the FLA return.

FC-GPR

When shares are issued to a non-resident, FC-GPR must be filed on the RBI's FIRMS portal within 30 days of allotment, with a valuation certificate and FIRC.

FLA Return

The Foreign Liabilities and Assets return is filed annually by 15 July by every company that has received FDI or made overseas investment — even in years with no fresh transactions.

Penalties

FEMA contraventions can attract penalties up to three times the amount involved, plus daily continuing penalties. Compounding is possible but costly.

Stay compliant

Statura manages FC-GPR, FC-TRS and FLA filings so deadlines never slip.