Entity · EOR · Payroll · Compliance

IRPR
FEMA & RBI · Visakhapatnam, AP

FEMA & RBI Filings in Visakhapatnam

FC-GPR, FLA, ECB, 15CA/15CB — all RBI compliance for cross-border operations. irpr.network manages all Andhra Pradesh state compliance — Andhra Pradesh Shops and Commercial Establishments Act 1988 governs working hour...

At a Glance

Timeline

FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings

City

Visakhapatnam, Andhra Pradesh

State PT

Andhra Pradesh PT: Monthly salary ₹15,001–₹20,000 = ₹150/month; ₹20,001 and above = ₹200/month (₹2,400/year)

Compliance

FEMA 1999 · RBI FLAIR portal · ECB Framework

30 days

FC-GPR deadline

15 July

FLA Return deadline

₹10,000+

Late filing penalty

100%

Compliance track record

Deliverables

What irpr.network handles for FEMA & RBI in Visakhapatnam

FC-GPR filing within 30 days of share allotment (mandatory for FDI)

FLA Return (Foreign Liabilities and Assets) on FLAIR portal by 15 July

FC-TRS filing for secondary transfer of equity shares between non-residents

ECB (External Commercial Borrowing) — Form ECB and ECB-2 monthly reporting

ODI filings for Indian companies investing abroad

Form 15CA and 15CB for every foreign remittance

Annual SOFTEX declarations for software service exports (EDPMS portal)

LRS compliance for individual remittances

RBI correspondence management and compounding application

FEMA audit and risk assessment for new international transactions

Andhra Pradesh Compliance

Andhra Pradesh Shops and Commercial Establishments Act 1988 governs working hours, earned leave (15 days per year after 12 months), and requires online registration through the APLOGIN portal. Andhra Pradesh has positioned Visakhapatnam as its 'executive capital' — with Andhra Pradesh Capital Region

Full Andhra Pradesh guide →

Professional Tax — Andhra Pradesh

Andhra Pradesh Professional Tax: Monthly salary ₹15,001–₹20,000 = ₹150/month; ₹20,001 and above = ₹200/month (₹2,400/year). PT is remitted to the Commercial Taxes Department by the 10th of the following month. Andhra Pradesh's online PT portal (apct.gov.in) enables automated PT computation and remittance.

IT Zones in Visakhapatnam

  • Vizag IT SEZ
  • VSEZ
  • APIIC IT Park Visakhapatnam
  • Brandix India Apparel City

Process

How FEMA & RBI Filings works in Visakhapatnam

01

FEMA audit

irpr.network reviews your company's cross-border transactions to identify all mandatory FEMA filings. Any missed filings identified for voluntary disclosure or compounding.

02

FC-GPR setup

Prepared and filed on RBI FIRMS portal within 30 days of share allotment. FIRC, KYC, and share valuation report prepared.

03

Annual FLA Return

Balance sheet data as of 31 March compiled and FLA Return filed on FLAIR portal by 15 July.

04

Remittance compliance

For every foreign payment, Form 15CA prepared and 15CB certified by a CA before the bank processes the remittance.

05

Ongoing monitoring

FEMA compliance calendar maintained. SOFTEX declarations, ECB-2 monthly reporting, and annual FEMA risk review with updated transaction analysis.

Why irpr.network

FEMA & RBI Filings in Visakhapatnam — why choose irpr.network

Visakhapatnam is Andhra Pradesh's most strategically positioned GCC city — serving as the nexus between India's eastern port infrastructure, defence technology cluster, and a growing IT talent pool, with the AP government offering among the most attractive direct GCC incentive packages of any Tier 2 city.

Local expertise

Andhra Pradesh Shops Act, PT, and state-specific compliance

Zero penalties

All statutory deadlines met — SLA-backed

Fast setup

FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings

Full compliance

FEMA 1999 · RBI FLAIR portal

Visakhapatnam Snapshot

Talent pool

Growing IT and engineering talent — 110,000 IT professionals

Salary band

₹4–28 LPA for tech roles

Top sectors

Port & Maritime TechnologyDefence & Aerospace ITSteel & Heavy Industry TechTourism Technology
Full Visakhapatnam guide

FAQ

FEMA & RBI Filings in Visakhapatnam — common questions

How does FEMA & RBI Filings work in Visakhapatnam?

irpr.network handles fema & rbi filings in Visakhapatnam end-to-end — from Andhra Pradesh state registrations to ongoing monthly compliance. irpr.network reviews your company's cross-border transactions to identify all mandatory FEMA filings. Any missed filings identified for voluntary disclosure or compounding. FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings.

What Andhra Pradesh compliance is required for FEMA & RBI?

In Visakhapatnam, the primary state compliance requirements are: Andhra Pradesh Shops and Commercial Establishments Act 1988 governs working hours, earned leave (15 days per year after 12 months), and requires online registration through the APLOGIN portal. Andhra Pradesh Professional Tax: Monthly salary ₹15,001–₹20,000 = ₹150/month; ₹20,001 and above = ₹200/month (₹2,400/year). irpr.network manages all state-level registrations and filings as part of the FEMA & RBI service.

What is FC-GPR and when must it be filed?

FC-GPR (Foreign Currency Gross Provisional Return) must be filed on the RBI FIRMS portal within 30 days of share allotment when a foreign entity invests equity in an Indian company. Required: FIRC, investor KYC, and a valuation certificate.

What is the FLA Return?

The FLA (Foreign Liabilities and Assets) Return must be filed by every company that has received FDI or made overseas investments, by 15 July each year on the FLAIR portal. Missing the deadline attracts ₹10,000 penalty under FEMA.

What is the SOFTEX declaration?

GCCs providing IT/ITES services to their foreign parent must file SOFTEX declarations on the EDPMS portal within 30 days of invoicing. Non-filing is a FEMA violation that can affect the company's authorised dealer bank relationship.

What are Forms 15CA and 15CB?

Form 15CA is a self-declaration and 15CB is a CA certificate required before every remittance from India to a foreign entity. Banks will not process international wire transfers without these documents. Required for dividends, royalties, management fees, and technical service fees.

Get started

FEMA & RBI Filings in Visakhapatnam — talk to our team

irpr.network handles Andhra Pradesh compliance end-to-end. FC-GPR within 30 days; FLA by 15 July; ongoing monthly/annual filings.