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FEMA

Foreign investment & remittance reporting (FEMA · RBI)

Authority: RBI · authorised dealer bank · Income Tax Dept

Capital in, dividends, royalties and fees out, and parent loans (ECB) all trigger RBI reporting and tax forms; delays mean late-submission fees and compounding.

What to do

Official: confirmed from the law, government notifications and expert sources · Case-specific: whether or how much it applies depends on your company; Adullam assesses it for you in consultation · Example: illustrative only.

As neededOfficial

Allot within 60 days of receipt and report within 30 days of allotment.

Source: treelife.in ·
AnnualOfficial

Companies and LLPs with foreign investment file by 15 July.

Source: treelife.in ·
As neededOfficial

Declare tax before remitting to HQ (Form 145) and get a CA certificate above limits (Form 146); renumbered under the 2026 Rules.

Source: eximpe.com ·
AnnualOfficial

A Korean TRC and Form 10F each year unlock treaty rates (10% royalty/fees, 15% dividends).

Source: incometaxindia.gov.in · checked
MonthlyOfficial

A parent loan needs an RBI loan registration number (LRN) through the bank, then a monthly ECB 2 return on drawdowns and repayments.

Source: adullamcorp.com · checked
AnnualOfficial

Branch and liaison offices file an AAC by 30 September.

Source: treelife.in ·

Deadlines


Source: treelife.in ·
RBI FIRMS

Source: adullamcorp.com · checked
AD bank

Source: incometaxindia.gov.in · checked
NTS · Income tax

Source: treelife.in ·
RBI FLAIR

Source: treelife.in ·
AD bank

What we need from you

  • FIRC, bank certificate, KYC
  • Allotment resolution and valuation report
  • TRC, Form 10F, no-PE declaration
  • Loan agreement (ECB)

Good to know

SK Broadband files Form 10F annually with Adullam; Hivision, Kumkang and Ilshin report ECBs with us. Tell us a week before any remittance.

Source: adullamcorp.com · checked

Penalties & interest

₹7,500 + 0.025% × amount × days (rate doubles yearly, capped at 100%)Official Source: treelife.in ·
Domestic rates apply (e.g. 20% plus surcharge and cess on royalty/fees)Official Source: incometaxindia.gov.in · checked

Our fees

Example: ₹10,000–₹30,000Example
Example: ₹3,000–₹10,000Example
Example: ₹5,000–₹15,000Example
SETUP

See post-setup compliance

Adullam Incorporation lists company-law annual filings and dates.

Open Adullam Incorporation →

Recent cases

Confirmed cases plus illustrative examples within real ranges; examples are labelled.

Example

Shares were allotted but FC-GPR filed four months late; ₹7,500 plus a proportional fee applied.

Request a consultation

Are any of our Indian filings missing?

Our local accounting team and partner chartered accountant will look with you. The first consultation is free.

Phone+82-10-7641-4018
KakaoTalkceo_adlconsulting
Emailliminae@adullamcorp.com
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FEMA & remittances · Adullam Tax & Accounting