Can any one please provide me the details checklist required for Compliance made under FEMA ?
Mansi Aggarwal 10 March 2021
Hello, thank you for your query.
The list of important compliance to be followed under the provisions of FEMA:
1. annual return on foreign liabilities and assets: FLA return is required to be submitted by all Indian resident companies which have received FDI or made ODI in any of the previous years.
2. annual performance report (APR): An Indian Party, Resident individual which has made an overseas direct investment (ODI) has to submit an APR.
3. external commercial borrowings
4. single master form
5. advance reporting form (ARF)
6. Form FC-GPR
7. Form FC-TRS
8. Form ODI
hope this solves your query.