DEADLINE FOR FILING OF ANNUAL PERFORMANCE REPORT (APR) UNDER FEMA IS 31ST DECEMBER 2025.

 

DEADLINE FOR FILING OF ANNUAL

 PERFORMANCE REPORT (APR) UNDER FEMA

 IS 31^ST DECEMBER 2025.

OVERSEAS INVESTMENT DIRECTIONS, 2022

Under Foreign Exchange Management (Overseas Investment) Regulations, 2022 and FEMA (Overseas Investment) Directions, 2022, issued by the Reserve Bank of India (RBI), the following compliance applies:

APPLICABILITY:

Any Indian resident individual or Indian entity (company, LLP, etc.) that has made an Overseas Direct Investment (ODI) or holds ≥10% shareholding (or control) in a foreign entity must comply.

ANNUAL PERFORMANCE REPORT (APR) FILING:

Such investors are required to submit an Annual Performance Report (APR) in Form ODI Part II through their Authorised Dealer (AD) Bank.

DOCUMENTS REQUIRED:

Audited Financial Statements (Balance Sheet, P&L, etc.) of the foreign entity.

In case the foreign entity’s accounts are unaudited, a management-certified financial statement may be submitted temporarily — but audited statements must be furnished once available.

DUE DATE:

·      On or before 31st December every year

(for the financial year ending on or before March 31 of that year).

So, for the FY 2024–25 (ending 31 March 2025) —

The audited financials of the foreign entity and APR must be filed by 31 December 2025.

NON-COMPLIANCE:

Failure to submit APRs or audited accounts may result in:

·      Non-compliance under FEMA, 1999.

·      Restriction on making further overseas investments.

·      Possible penalties under Section 13 of FEMA.

R V SECKAR   FCS, LLB 79047 19295