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Reporting requirements

Regulation 13 - Regulation - Regulations - Foreign Exchange Management (Transfer or Issue of Security by a Person Resident outside India) Regulations, 2017 - Regulation 13 - 13. 13.1 The reporting requirement for any Investment in India by a person resident outside India shall be as follows: (1) Advance Remittance Form (ARF): An Indian company which has received amount of consideration for issue of capital instruments and where such issue is reckoned as Foreign Direct Investment for the purpose .....

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e concerned of the Reserve Bank under whose jurisdiction the Registered office of the company operates, not later than thirty days from the date of issue of capital instruments. Issue of participating interest/ rights in oil fields shall be reported Form FC-GPR. (3) Annual Return on Foreign Liabilities and Assets (FLA): An Indian company which has received FDI or an LLP which has received investment by way of capital contribution in the previous year(s) including the current year, should submit .....

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riable basis; and (2) a person resident outside India holding capital instruments in an Indian company on a repatriable basis and a person resident in India, The onus of reporting shall be on the resident transferor/ transferee or the person resident outside India holding capital instruments on a non-repatriable basis, as the case may be. Note: Transfer of capital instruments in accordance with these Regulations by way of sale between a person resident outside India holding capital instruments o .....

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sferor/ transferee. (d) Transfer of participating interest/ rights in oil fields shall be reported Form FC-TRS The form FCTRS shall be filed with the Authorised Dealer bank within sixty days of transfer of capital instruments or receipt/ remittance of funds whichever is earlier. (5) Form Employees Stock Option (ESOP): An Indian company issuing employees stock option to persons resident outside India who are its employees/ directors or employees/ directors of its holding company/ joint venture/ w .....

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of the issue. (7) Form LLP (I): A Limited Liability Partnerships (LLP) receiving amount of consideration for capital contribution and acquisition of profit shares shall submit Form LLP (I) to the Regional Office of the Reserve Bank under whose jurisdiction the Registered Office of the Limited Liability Partnership is situated, within 30 days from the date of receipt of the amount of consideration (8) Form LLP (II): The disinvestment/ transfer of capital contribution or profit share between a res .....

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