Documents Required for FEMA Compliance Services
FEMA Compliance Services is granted on the strength of the papers you file with it, so a complete set at the start is the difference between annual fla return filed by 15 july; event-based filings within their statutory windows and a query that sends the application back. Below is every document our team needs from you, what each one is for, and how to get it to us. You upload all of it in your Fastlegal dashboard — nothing is couriered, and nothing is payable while you gather it.
Checklist: 7 documents for fema compliance services
- 1
Audited financial statements for the financial year (or provisional, for the FLA return)
- 2
Shareholding pattern showing resident and non-resident holders
- 3
Details of shares issued or transferred during the year, with inward remittance advices (FIRC) and KYC from the AD bank
- 4
Valuation certificate from a chartered accountant or merchant banker for each issue or transfer
- 5
Details of investments made by the Indian entity in other companies, in India or abroad
- 6
Previous FLA returns and FIRMS portal acknowledgements, if any
- 7
Entity user and business user credentials on the RBI FIRMS portal, or authorisation to create them
Government fees payable alongside
RBI late submission fees and compounding penalties, if any, payable to the government at actuals. These go to the department at actuals and are shown to you before they are paid; our professional fee is quoted separately once we have seen your case.
What we file with them
- Preparation and filing of the annual FLA return with RBI by 15 July
- FC-GPR filing on the FIRMS portal for each issue of shares to non-residents during the year
- FC-TRS filing for each transfer of shares between a resident and a non-resident
- Downstream investment (DI) reporting where the entity invests in another Indian company
- Annual Performance Report (APR) and Form FC/ODI filings for overseas investments, where applicable
- Review of pricing guidelines, sectoral caps and entry-route conditions for each transaction
- Support with late submission fee payment and compounding applications for past delays
- Annual FEMA compliance calendar and reminders in your dashboard
How to submit your documents
- 1
Start it online: Start annual FEMA compliance; we map the filings your entity needs for the year.
- 2
Upload documents in your dashboard: Upload financials, shareholding details, remittance advices and valuation reports to your Fastlegal dashboard as transactions happen.
- 3
We prepare and file with RBI: We file the FLA return on the RBI portal, submit FC-GPR, FC-TRS, DI and ODI forms through FIRMS and the AD bank, and respond to queries.
- 4
Track & download: Track each filing's status in your dashboard and download acknowledgements and RBI confirmations for your records.
Scans or clear phone photographs are fine for every item above. Documents live in your private vault, are served only to your signed-in account and the team working on your file, and you can delete anything you uploaded.
Document questions for fema compliance services
Does this service require anyone from the parent to be in India?
No. Filings are made online by Fastlegal using the FIRMS portal and the AD bank. Parent-company documents such as board resolutions can be signed abroad and shared digitally.
Got your documents together?
Hand fema compliance services to our team and upload them straight away. We confirm a fixed fee once we have seen what is involved — nothing is charged until you approve it.
Not sure which documents apply to you?