FEMA Compliance
Quick Reference for Your Business
FDI Reporting • Forms • Due Dates – everything you need to know about FEMA Compliance.
01
When FEMA Reporting Applies
Foreign investment received (FDI)
Shares issued to a non-resident
Share transfer
between a resident and a non-resident
Overseas investment
by an Indian entity (ODI)
External Commercial Borrowing (ECB)
from abroad
Any outstanding foreign assets / liabilities
as on 31 March
02
Key Forms & Due Dates
RBI FIRMS / FLAIR
| Form | Due Date |
|---|---|
| FC-GPR (shares issued to non-resident) | Within 30 days of allotment |
| FC-TRS (resident ↔ non-resident transfer) | Within 60 days of transfer |
| FLA return (foreign assets & liabilities) | By 15 July annually (FLAIR portal) |
| APR (overseas investment) | By 31 December |
| Allotment of shares | Within 60 days of receiving the funds, else refund in 15 days |
Valuation matters: FDI and cross-border transfers must follow RBI pricing rules, certified by a CA / SEBI-registered merchant banker. Late filing attracts a Late Submission Fee — ₹7,500 flat for FLA/APR; ₹7,500 + (0.025% × amount × years) for FC-GPR / FC-TRS / ECB, capped at 100%.
03
What Goes Wrong Without Compliance
Late Submission Fee
Every late FDI form attracts an LSF that grows with the amount and delay.
Compounding / penalty
Serious or unregularised defaults go to compounding — penalty up to 3x the amount.
Future FDI blocked
AD banks hold future filings until past defaults are regularised.
Records for 5 years
Valuation, resolutions and acknowledgements must be retained 5 years.
04
Why Companies Trust M/s Durganjali & Associates
A real, qualified Chartered Accountant
Not an agent — a CA who handles FC-GPR, FC-TRS, FLA and valuation correctly the first time.
5 years of practice
Across companies, firms, individuals and trusts — Tax, GST and MCA compliance.
You never miss a date
We track every form and deadline — no avoidable late fees or penalties.
Clear updates in your language
Simple updates in Telugu and English — you always know where things stand.
Honest, practical advice
Straight answers you can act on — no jargon, no overselling.
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