by CA V. Viswanathan
FCA, ACS, CFE, Registered Valuer (S&FA) | Since 2012
Check FDI route, sectoral caps, reporting requirements and compliance steps under FEMA (Non-Debt Instruments) Rules, 2019 and the Consolidated FDI Policy.
FEMA compliance for Indian businesses with cross-border transactions is governed by RBI Master Directions and FEMA Notifications: Notification 20(R) (FDI), Notification 22 (LO/BO/PO), FEMA (Overseas Investment) Rules 2022 (ODI), and the Single Master Form (SMF) reporting framework.
Key reporting obligations: FC-GPR (within 30 days of share allotment to non-resident); FC-TRS (within 60 days of share transfer involving non-resident); Form ODI (before remittance for outbound investment); Form APR (annual performance report for ODI within prescribed period); FLA Return (15 July annually); LO/BO/PO Annual Activity Certificate (within prescribed window).
Late Submission Fee (LSF) and compounding under FEMA Section 13/15 are remediation routes for missed filings, with significant variations in timeline and outcome.
This checker helps map your cross-border activity to applicable FEMA filings. For comprehensive FEMA review, FC-GPR end-to-end, or FEMA dispute resolution, consult CA V. Viswanathan at +91 99622 60333.