How do you file foreign assets and liabilities returns?

How do you file annual return on foreign liabilities and assets?

Filing of FLA return

The form is to be mailed by any authorised member of the company from their email ID to the official email ID of the RBI i.e. fla@rbi.org.in. The members of the company authorised to file the FLA return are Company Secretary, Chief Financial Officer, and Directors.

What is annual return of foreign liabilities and assets?

Foreign Liabilities and Assets (FLA) Return is an Annual Return which is required to be submitted by those entities which have received FDI and/or made overseas investments in any of the previous years including the current year i.e., entities which have Foreign Assets or Liabilities in their Balance Sheets.

How do I submit to FLA?

Click on FLA Online Form and then you will find an option “START FILING FLA FORM”. Click on the Start Filing FLA Form the Form will be displayed and you are ready to enter the details as applicable to your Company. This Section basically includes the identification details of the Company.

What are foreign assets and liabilities?

Foreign assets and liabilities (international investment position) is as of 4Q2019 published under the international Accounts. The international investment position, together with the financial, the current and the capital accounts, make the complete international accounts.

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Which companies are required to file Fla return?

Ans.: The annual return on Foreign Liabilities and Assets (FLA) is required to be submitted directly by all the Indian companies which have received FDI (foreign direct investment) and/or made FDI abroad (i.e. overseas investment) in the previous year(s) including the current year i.e. who holds foreign Assets or …

Is Fla applicable to LLP?

In order to capture the statistics relating to Foreign Direct Investments (FDI), both inward and outward, by Limited Liabilities Partnerships (LLPs) in India, it has been decided that henceforth, all LLPs that have received FDI and/or made FDI abroad (i.e. overseas investment) in the previous year(s) as well as in the …

How do I file an RBI in Florida?

The filing of the FLA annual return must be done before the 15 of July of the respective year. The prescribed method of filing of FLA annual return is via an excel sheet. The form is to be mailed by any authorized member of the company from their email ID to the official email ID of the RBI i.e. fla@rbi.org.in.

Can we file Fla return after due date?

Yes, company can file the FLA return after due date by taking approval from RBI. 18. … For taking approval, they need to send mail to surveyfla@rbi.org.in.

What does Fla stand for?

FLA

Acronym Definition
FLA Florida (old style)
FLA Fair Labor Association
FLA Macromedia Flash (file extension)
FLA Flash Files (file extension)