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FDI-LLP-IIhighReserve Bank of India

FDI-LLP-II — Disinvestment or Transfer of an LLP Interest

Report the transfer or disinvestment of capital contribution or profit share in an LLP involving a person resident outside India within 60 days of receipt of funds.

Due
60 days from the receipt of funds
Frequency
Event based
If it lapses
Late Submission Fee on the amount involved and the period of delay
Statutory reference
Schedule VI, FEM (Non-debt Instruments) Rules 2019

Who has to file it

Every one of these has to hold before FDI-LLP-II binds an entity:

  • Limited Liability Partnership
  • foreign investment on record
Filed on:
RBI FIRMS Portal
Usually owned by:
Company Secretary
Typical effort:
4 hours

Common questions

When is FDI-LLP-II due?
60 days from the receipt of funds. It falls due whenever the triggering event happens.
Who has to file FDI-LLP-II?
It applies to Limited Liability Partnership and foreign investment on record.
What is the penalty for filing FDI-LLP-II late?
Late Submission Fee on the amount involved and the period of delay
Where is FDI-LLP-II filed?
RBI FIRMS Portal.

This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.

Other FEMA / RBI obligations