ARTICLE · 11 JUNE 2018

New Reporting For Entities With Existing Foreign Investment

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The RBI has issued A.P (DIR Series) Circular No.30 June 07, 2018. The objective of the New Reporting Circular is to integrate the extant reporting structures of various types of foreign investment in India in a SMF.

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Arti B. Narsana

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By Bomi Daruwala (Email: [email protected]) and Arti Narsana (Email: [email protected])

The RBI has issued A.P (DIR Series) Circular No.30 June 07, 2018 ("New Reporting Circular"). The objective of the New Reporting Circular is to integrate the extant reporting structures of various types of foreign investment in India in a Single Master Form (SMF). The SMF would be filed online.

Prior to the implementation of the SMF, Reserve Bank would provide an interface to the Indian entities, to input the data on total foreign investment in a specified format. The interface will be available on RBI website www.rbi.org.in from June 28, 2018 to July 12, 2018.

Reporting Requirements

Companies/LLPs/start-ups with already existing Foreign Investment shall report their existing total foreign investment in form Entity Master on the RBI website between 28th June, 2018 to 12th July, 2018.

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