Invest abroad under the ODI route

Setting up or acquiring a foreign company is governed by the FEMA (Overseas Investment) Rules and Regulations, 2022. We structure the investment, prepare Form ODI Part I for your AD bank and run the annual reporting that follows.

Handled by qualified CS and CA10 to 20 working daysGovernment fees shown separately

What is included

Eligibility check under the OI Rules and Regulations, 2022
Financial commitment limit check (up to 400% of net worth)
Structuring advice, including the two-layer limit for subsidiaries
Board resolution and documentation
Form ODI Part I preparation and filing through the AD bank
Coordination for valuation in acquisition cases
Unique Identification Number (UIN) follow-up

What is not included

Valuation report fees
Foreign company incorporation abroad and overseas legal fees
Annual Performance Report filing (offered as a yearly service)

Who needs this

Indian companies, LLPs and partnership firms setting up subsidiaries or joint ventures abroad, acquiring a foreign business or making overseas portfolio investment. Resident individuals investing abroad follow LRS rules within the same framework.

Documents required

Latest audited financial statements for net worth computation
Board resolution approving the investment
Details of the foreign entity: business, shareholding and structure
Valuation report for acquisitions of existing foreign entities
KYC and PAN of the Indian entity
Declaration that the entity is not under investigation by any agency

How it works

We review eligibility, limits and structure

Form ODI Part I and supporting documents are submitted to your AD bank

The bank reports to RBI, allots a UIN and the funds are remitted

Timeline

10 to 20 working days. Government processing times are outside our control; we track and follow up on every application.

If you skip it

Penalty exposure: Delayed reporting attracts a late submission fee and blocks any further overseas investment until it is regularised. Investing outside the permitted route is a FEMA contravention and can attract up to three times the amount involved.

What this service creates next

Completing this is the start of a recurring set of obligations. Under an AdvisoNet plan these are tracked in your Compliance Passport and handled before they fall due.

Annual Performance Report by 31 December every year
Form ODI Part III within 30 days of disinvestment or restructuring
FLA annual return by 15 July
Form OPI half-yearly for overseas portfolio investment

See AdvisoNet plans from ₹1,499 per month

Frequently asked questions

Do I need RBI approval?

Most investments fall under the automatic route and are processed by your AD bank. Some cases, such as investments beyond prescribed limits, still need prior approval.

What is the APR?

The Annual Performance Report is filed through the AD bank by 31 December each year, based on the foreign entity’s audited accounts for the previous year.

Can a foreign entity invest back into India?

Round-tripping is restricted. Structures with more than two layers of subsidiaries or a route back into India need careful review.

Fees shown are AdvisoNet professional fees exclusive of GST and government charges. Content is general information, not legal advice; applicability depends on facts and current law.