FLA Return in Bhagalpur
Every Indian entity that has received FDI or made overseas investment (ODI) must file the annual FLA return with the RBI on the FLAIR portal by 15 July. Our team handles FLAIR registration, data compilation from your audited accounts and error-free submission.
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FLA Return in Bhagalpur
RoC Patna — Maurya Lok Complex, Block-A, Western Wing, 4th Floor, Dak Bungalow Road, Patna – 800001
Patna High Court
10 (Bihar)
Bihar levies Professional Tax (max ₹2,500/year). Applicable to companies employing salaried staff.
Silk (Tussar) Cluster, Barari Industrial Area, Champa Nagar
Bhagalpur is the "Silk City" of Bihar — famous for Bhagalpuri Tussar silk (a GI product) — and a key trading centre on the Ganges in eastern Bihar.
What Is FLA Return?
A plain-language overview before the statutory detail.
The FLA return is a once-a-year RBI filing that captures your entity's foreign liabilities (inbound FDI, external borrowings and other foreign investment received) and foreign assets (overseas investments and receivables) as at the year-end.
It is a return under the Foreign Exchange Management Act, 1999 and the related non-debt/debt instrument framework. Every Indian company, LLP, partnership, or other entity that has received FDI and/or made ODI abroad in the current or any preceding financial year is required to submit the FLA return to the RBI.
Administered by the Reserve Bank of India through the web-based FLAIR system (Foreign Liabilities and Assets Information Reporting) at flair.rbi.org.in. Entities register once and file every year thereafter.
The obligation is recurring — a fresh FLA return is due for every financial year in which the entity holds any foreign liability or foreign asset, until those positions are fully extinguished.
Quick Facts
Is This Service Right for You?
Ideal for
- Companies with foreign direct investment (FDI) on their cap table
- Indian entities holding a JV or wholly-owned subsidiary abroad (ODI)
- LLPs and partnership firms that have received foreign investment
- Startups with overseas (NRI / foreign) shareholders
- Entities that filed FC-GPR / FC-TRS in the past
- Holding companies with cross-border investment on either side
You may need this if
- You received FDI in the current or any earlier financial year
- You made overseas direct investment in a JV or WOS
- You hold foreign assets or foreign liabilities as on 31 March
- You have foreign shareholders, even if there was no fresh inflow this year
- You filed the FLA return last year and positions are still outstanding
- You need to correct or revise a return already submitted
Not sure if you need this?
Talk to an Expert →Why Is the FLA Return Required?
The FLA return feeds the RBI's Census on Foreign Liabilities and Assets of Indian entities and India's Balance of Payments / International Investment Position statistics. Filing it is a standing FEMA obligation for every entity with cross-border investment.
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01
It Is a FEMA Obligation
The FLA return is mandatory under the FEMA framework for every entity holding foreign investment on either side of the balance sheet. Non-filing is treated as a contravention of FEMA.
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02
RBI Statistical Census
The data supports the RBI's annual census on foreign liabilities and assets and India's external-sector statistics. Entities are counted whether or not fresh investment occurred during the year.
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03
Recurring, Not One-Time
The return is due every year while any foreign liability or asset remains outstanding — filing FC-GPR once does not discharge the annual FLA obligation.
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04
Avoid Compounding Exposure
Failure to file, or late filing, can require regularisation through compounding under Section 15 of FEMA. Timely filing keeps your FEMA record clean.
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05
Supports Future Filings
A clean FLA record eases later FEMA reporting — further FDI rounds, ODI, remittances and Annual Performance Reports for overseas entities depend on ongoing compliance.
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06
Investor & Diligence Comfort
Foreign investors and acquirers routinely check FEMA compliance in due diligence. An up-to-date FLA filing history signals a well-governed entity.
Simple, Transparent Pricing
Custom quote for your case
Fees depend on your business type and scope. Get a clear, itemised quote upfront — no hidden professional charges, government fee billed at actuals.
Who Can Apply?
Eligibility checklist
- The entity received FDI and/or made ODI in the current or any previous financial year
- Foreign liabilities and/or foreign assets are outstanding as on 31 March of the reporting year
- A one-time registration on the RBI FLAIR portal (with authorised-person details)
- Audited accounts for the financial year — provisional figures if the audit is pending
- CIN / LLPIN / PAN and the entity's prior-year FLA reference, where applicable
Everything You Need. One Professional Team.
Applicability Review
Confirm whether your entity is required to file based on FDI received and ODI made across all years.
FLAIR Registration
Complete the one-time registration on the RBI FLAIR portal and set up the authorised-person login.
Data Compilation
Extract equity, reserves, foreign shareholding, ODI and other required figures from your audited accounts.
Return Preparation
Populate the FLA sections accurately — foreign liabilities, foreign assets and related particulars.
Review Before Filing
Cross-check every figure against your balance sheet before submission to avoid rework.
Submission on FLAIR
File the return on the portal and capture the acknowledgement for your records.
Provisional & Revised Filing
File provisionally if the audit is pending and submit the revised return once audited figures are ready.
Record Handover
Provide the filed return and acknowledgement, plus guidance on next year's cycle.
What You’ll Receive
What Information Is Required for the FLA Return?
The FLA return is built from your audited accounts and foreign-investment records. Keep the year-end figures ready; where the audit is pending, provisional (unaudited) numbers are used and revised later.
Entity & Registration
- CIN / LLPIN and PAN of the entity
- FLAIR login credentials, or details to register afresh
- Contact & authorised-person details for the portal
- Prior-year FLA acknowledgement, if filed earlier
Financials & Investment Data
- Audited balance sheet & profit and loss for the financial year (or provisional accounts)
- Details of foreign shareholding — investor country, equity & reserves
- Details of overseas direct investment (JV / WOS), if any
- Details of external borrowings and other foreign liabilities, if any
- Opening and closing foreign investment positions as on 31 March
Due by 15 July
The FLA return must be submitted on the FLAIR portal by 15 July each year, reporting positions as on the preceding 31 March.
Provisional first, then revise
If audited accounts are not ready by 15 July, file with provisional (unaudited) figures and submit a revised return by end-September once the audit is complete.
One-time FLAIR registration
First-time filers must register on the RBI FLAIR system before filing. The registration is reused for every subsequent year.
File even with no fresh inflow
If foreign investment is outstanding as on 31 March, the return is due even if there was no new FDI or ODI during the year.
Don’t have all the documents?
We’ll identify what your case needs →How FLA Return Filing Works (Step by Step)
The entire return is filed online on the RBI FLAIR portal — no physical submission is required.
Confirm applicability
We review your FDI received and ODI made across all years and confirm whether the FLA return is due for the entity.
Register on FLAIR (first-time only)
For new filers, we complete the one-time registration on flair.rbi.org.in and set up the authorised-person login.
Compile foreign liabilities & assets
We extract equity, reserves, foreign shareholding, ODI and borrowing figures from your audited (or provisional) accounts.
Prepare the return
We populate the FLA sections and reconcile every figure against your balance sheet as on 31 March.
Review and submit
After a final review, the return is submitted on FLAIR and the acknowledgement is saved for your records.
Revise after audit, if needed
If a provisional return was filed, we submit the revised return once audited figures are available (by end-September).
FLA Return — Key Dates
| Stage | Expected Time |
|---|---|
| Reporting position captured as on | 31 March |
| Annual return due on FLAIR | By 15 July |
| Provisional return filed (audit pending) | By 15 July, with unaudited figures |
| Revised return with audited figures | By end-September |
The 15 July due date and the end-September revision window are the RBI's stated FLA timelines. Where the RBI extends a due date by notification, the extended date applies. Dates are statutory reporting deadlines, not a service turnaround.
Key Dates — At a Glance
| Frequency | What Is Due |
|---|---|
| Annual | FLA return by 15 July on FLAIR · Annual Performance Report (APR) for any overseas JV / WOS · Revised FLA return after audit, if provisional was filed |
| Event-Based | FC-GPR within 30 days of fresh share allotment · FC-TRS within 60 days of transfer of instruments · Form ODI / FC for outbound investment |
| Ongoing | Keep Entity Master details current · Retain audited accounts & FLA working papers · Track any RBI due-date notifications |
Dates are indicative and may change with government notifications. Our team tracks every deadline so you never miss a filing.
Doing It Yourself vs TaxClue
Doing It Yourself
- Work out whether the return is due across all past-year positions
- Register on and navigate the FLAIR portal
- Map audited-account figures to the correct FLA fields
- Handle foreign-shareholding and ODI data correctly
- Decide between provisional and revised filing
- Reconcile foreign positions to the balance sheet
- Risk contravention if the return is missed or wrong
With TaxClue
- Applicability confirmed across every year of investment
- FLAIR registration and login handled for you
- Audited figures mapped to the right FLA fields
- Foreign shareholding and ODI reported accurately
- Provisional and revised filing managed end-to-end
- Every figure reconciled before submission
- Clean FEMA record maintained year on year
Skip the guesswork.
Let an expert handle it →Common Mistakes That Delay Your Application
TaxClue reviews your documents before filing to reduce avoidable errors.
What Related FEMA Compliance Applies?
Annual
- FLA return by 15 July on FLAIR
- Annual Performance Report (APR) for any overseas JV / WOS
- Revised FLA return after audit, if provisional was filed
Event-Based
- FC-GPR within 30 days of fresh share allotment
- FC-TRS within 60 days of transfer of instruments
- Form ODI / FC for outbound investment
Ongoing
- Keep Entity Master details current
- Retain audited accounts & FLA working papers
- Track any RBI due-date notifications
Penalties & Consequences
What is at stake if you do not comply
- Missing the 15 July FLA due date is a FEMA contravention needing compounding
- Non-filing can be regularised only through compounding under Section 15 of FEMA
- Penalty up to 3x the sum involved under Section 13 of FEMA
- Filing provisional figures and forgetting to revise after audit leaves the return incomplete
- Assuming an FC-GPR filing discharges the annual FLA obligation is a common lapse
Regulatory Updates 2025–26
- 2025: The FLA (Foreign Liabilities and Assets) return is filed on the RBI FLAIR portal by 15 July each year.
Why Businesses Choose TaxClue
FEMA Focus
FDI, ODI and RBI reporting handled by a team that does this regularly.
Reviewed Before Filing
Every figure is reconciled to your audited accounts before submission.
Transparent Fees
A clear, itemised quote upfront — government fee at actuals, no surprises.
Digital Process
Share documents and get updates online — no office visits.
Status Visibility
You always know where your filing stands in the FLA cycle.
Year-on-Year Support
We track your annual cycle so no filing is missed.
Your Documents Deserve Professional Care
- Financial and shareholding data handled under confidentiality
- Access limited to the team working on your file
- Communication over secure digital channels
- Documents retained only as long as needed for compliance
Frequently Asked Questions
Who is required to file the FLA return?
What is the due date for the FLA return?
Where is the FLA return filed?
What if our audited accounts are not ready by 15 July?
Do we file the FLA return if there was no fresh FDI or ODI this year?
What is the difference between the FLA return and the APR?
Is the FLA return the same as FC-GPR?
What happens if we do not file the FLA return?
What information goes into the FLA return?
Can a return already filed be revised?
Who must file the FLA return and by when?
How do I register on the FLAIR portal?
What is the penalty for not filing the FLA return?
Do LLPs and partnership firms have to file the FLA return?
What reporting date do FLA figures relate to?
Does an entity with only NRI shareholders and no fresh inflow still file?
Official Sources & Legal References
Every regulatory figure on this page — the due date, the reporting date and the applicability — is drawn from FEMA and official RBI sources. Verify them directly:
Related Guides
FDI Reporting: FC-GPR, FC-TRS & APR
Read guide ArticleRBI Master Direction Updates 2025-26
Read guide ArticleFEMA Contravention & Penalties
Read guide ArticleRepatriation Rules under FEMA
Read guide ArticleNRI, FEMA & Income Tax 2025
Read guide ArticleFDI & Downstream Investment Rules
Read guideFLA Return Resources — All Free
File Your FLA Return Without the Stress
Expert-managed FLA return filing — FLAIR registration, data compilation from your audited accounts, review and submission, plus provisional-to-revised support. Free consultation, government fee at actuals.