Decoding FLAs – Foreign Liabilities and Assets

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Stay ahead of the curve with our insights on FLA reporting, mandated by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA),1999.

What is covered?
1. Understanding the purpose of FLA Reporting
2. Annual filing requirements for Indian companies and LLPs
3. Step-by-step guide to key FLA filing requirements
4. Penalties for non-compliance

About the Author

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Jitesh Agarwal

Founder | jitesh@treelife.in

Leads the VCFO, finance tax, and regulatory functions at Treelife. Responsible for the firm’s non-operational growth and providing strategic advisory in GIFT City, helping clients navigate complex regulatory landscapes effectively.

Priya Kapasi Shah

Associate Partner | Tax & Regulatory | priya.k@treelife.in

Heads Treelife’s Financial Advisory practice, specializing in investment structuring, cross-border transactions, and tax and regulatory advisory. Also leads on AIF setups and advisory services for GIFT IFSC.