Lawzer
Back to site
FORM-ESOPmediumReserve Bank of India

FORM-ESOP — ESOPs Issued to a Person Resident Outside India

Report the issue of employee stock options to employees or directors resident outside India within 30 days of issue, whether or not they are exercised.

Due
30 days from the date of issue of the options
Frequency
Event based
If it lapses
Late Submission Fee on the amount involved and the period of delay
Statutory reference
Master Direction — Reporting under FEMA 1999

Who has to file it

Every one of these has to hold before FORM-ESOP binds an entity:

  • foreign investment on record
Filed on:
RBI FIRMS Portal
Usually owned by:
Company Secretary
Typical effort:
3 hours

Common questions

When is FORM-ESOP due?
30 days from the date of issue of the options. It falls due whenever the triggering event happens.
Who has to file FORM-ESOP?
It applies to foreign investment on record.
What is the penalty for filing FORM-ESOP late?
Late Submission Fee on the amount involved and the period of delay
Where is FORM-ESOP 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