What Is Rbi Fla Return?

FLA stands for Foreign Liabilities and Assets. Meaning of FLA Return:- It's an Annual Return on Foreign Liabilities and Assets required to be filed by an Indian Company and LLP to RBI within the prescribed due date. This Return is filed Online on RBI Portal.

What is a FLA return?

Annual return on Foreign Liabilities and Assets (FLA) is required to be submitted by all the companies which have received FDI and/or made overseas investment in any of the previous year(s), including the current year (July 15 every year).

Why is Fla filed?

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.