FEMA Compliance Checker
Pick your cross-border transaction and see instantly which RBI / AD-Bank filing applies, the deadline, and the reporting authority.
Applicable FEMA filings
RBI| Filing / Form | Deadline | What it reports & who to |
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We prepare FC-GPR, ODI, ECB-2, FLA and 15CA/CB and file them on the RBI FIRMS / AD-Bank portal for you.
Disclaimer: Indicative guidance under FEMA 1999 and RBI Master Directions. Actual filings, deadlines and sectoral caps depend on the exact facts of your transaction. Confirm with a FEMA professional before filing.
FEMA filings reference
Every cross-border money movement is governed by the Foreign Exchange Management Act, 1999. The transaction decides the form, the deadline and whether you report to the RBI (via the FIRMS portal) or through your AD Category-I Bank. Here are the most common filings this checker maps to.
| FC-GPR | 30 days of allotment |
| FC-TRS | 60 days of transfer |
| FLA return | 15 July (annual) |
| Form ODI | Before remittance |
| APR | 31 December (annual) |
| Form ECB | Before drawdown |
| ECB-2 return | 7th, every month |
| Bill of Entry | Import evidence |
| EDPMS | Export tracking |
| Form 15CA / 15CB | Before remittance |
How this checker works
FEMA compliance is driven entirely by the nature of the transaction. Tell the tool what money movement you are doing and it maps you to the exact filing, deadline and authority — the same logic a FEMA consultant applies.
Key terms explained
RBI
The Reserve Bank of India administers FEMA. Most investment reporting is filed to the RBI through its online FIRMS portal (SMF — Single Master Form).
AD Bank
An Authorised Dealer Category-I Bank — your bank licensed to handle forex. Many filings (ECB, trade, remittances) are routed through the AD Bank rather than directly to the RBI.
FLA return
The Foreign Liabilities & Assets annual return — filed by 15 July every year by any Indian company that received FDI or made overseas investment, reporting outstanding foreign assets and liabilities.
FC-GPR
Foreign Currency – Gross Provisional Return. Filed when an Indian company allots shares to a foreign investor — due within 30 days of allotment on the FIRMS portal.
15CA / 15CB
Forms for foreign remittances. 15CA is the remitter's declaration; 15CB is a Chartered Accountant's certificate on taxability — required before remitting many payments abroad.
Compounding
The RBI process to regularise a FEMA contravention — a late or missed filing — by paying a monetary penalty. Timely filing avoids compounding altogether.
What are the main FEMA filings for a company?
FC-GPR when shares are issued to a non-resident, FC-TRS for a transfer of shares between a resident and a non-resident, FLA — the annual return on foreign liabilities and assets — by 15 July, ODI forms for investment abroad, and ECB-2 monthly returns for external commercial borrowings.
When is FC-GPR due?
Within 30 days of allotment of shares to the non-resident investor. The inward remittance itself must be reported earlier, and the allotment must be made within 60 days of receiving the money or the funds refunded.
Who has to file the FLA return?
Any Indian company, LLP or other entity that has received FDI or made overseas direct investment in any year, including past years, if the balance is outstanding at the end of March. It is due by 15 July every year, based on unaudited figures if the audit is not complete.
Which sectors have FDI restrictions?
Some sectors are prohibited entirely — lottery, gambling, chit funds, Nidhi companies, real estate trading and tobacco manufacturing. Others such as defence, insurance, broadcasting and multi-brand retail have caps or need government approval.
What if a FEMA filing is missed?
Late submission can usually be regularised by paying a Late Submission Fee. Substantive contraventions are dealt with by compounding before the RBI, with a penalty determined by the amount and the period involved.
Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.