ODI Compliance.
Investing in or lending to a company outside India is an overseas investment under FEMA, governed by the Overseas Investment Rules and Regulations, 2022 and RBI's directions. We check eligibility and limits, prepare the filings your AD bank needs before money leaves India, and handle the annual and exit reporting for the life of the investment.
Typically 1–2 weeks to prepare Form FC and obtain the UIN once board approvals and the valuation are ready. APRs are due by 31 December each year, based on the foreign entity's audited accounts.
A partner — a chartered accountant or company secretary — from the first call to sign-off.
Based on your situation, and fixed in writing before any work starts.
Is this for you?
- Indian companies and LLPs setting up or acquiring subsidiaries and joint ventures abroad
- Resident individuals investing in foreign companies
- Groups restructuring, selling or winding up overseas entities
What you receive at the end.
- 01Form FC filed and UIN allotted
- 02ODI compliance checklist and investment register
- 03Annual Performance Reports and FLA returns
- 04Disinvestment and restructuring reports as events occur
ODI Compliance, step by step.
Typically 1–2 weeks to prepare Form FC and obtain the UIN once board approvals and the valuation are ready. APRs are due by 31 December each year, based on the foreign entity's audited accounts.
- 1
Eligibility review
We check that the foreign entity carries on a bona fide business, that the commitment is within your financial commitment limit, and that the structure respects the restrictions on round-tripping.
- 2
Form FC and UIN
We prepare Form FC with the valuation and board approvals, and your AD bank allots a Unique Identification Number before the remittance is made.
- 3
Remittance and records
We coordinate the outward remittance, collect share certificates or other evidence of investment, and record each transaction against the UIN.
- 4
Annual reporting
Each year we file the Annual Performance Report for each foreign entity by 31 December and the FLA return with RBI.
- 5
Changes and exit
We report disinvestment within 30 days of receiving the proceeds and any restructuring within 30 days, and regularise delays through late submission fees.
What we need from you.
Don't have everything yet? We send a short checklist after the first call and work with what you have.
- Board resolution, and shareholder approval where required, for the investment
- Valuation of the foreign entity's shares, where required
- Constitutional documents and shareholding structure of the foreign entity
- Latest audited financial statements of the Indian investor
- No-objection from lenders, if your account is an NPA or under investigation
- Remittance details and share certificates or equivalent evidence
The fee depends on your situation. After a short call, the partner who will do the work tells you what's involved and gives you a fixed fee in writing — before any work begins.
- Government fees and statutory charges are billed at actuals.
- When you pay — upfront, in stages or on completion — is agreed in writing with the fee.
Questions about ODI Compliance.
Ready to discuss ODI Compliance?
30-minute confidential call — no proposal, no commitment. A partner will write back within one business day.