ODI Filing (Overseas Direct Investment)
Expand your Indian business globally. Comply with FEMA regulations when investing in or setting up a foreign subsidiary or joint venture.
Overview
When an Indian entity (company, LLP, or partnership firm) invests capital into a foreign company (either as a Joint Venture or a Wholly Owned Subsidiary), it constitutes Overseas Direct Investment (ODI). Before remitting any funds outside India, the entity must comply with FEMA guidelines, fill out Form ODI, and route the investment through an Authorized Dealer (AD) Bank. The RBI closely monitors these outflows to ensure they are within the net worth limits (typically 400% of the Indian entity’s net worth) and are not directed to prohibited sectors.
What is Included in Our Package
Detailed compliance and filing scope managed by JRC corporate experts.
Documents Required to Start
Upload digital files during onboarding. No physical submissions needed.
Indian Entity Documents
- Audited Financial Statements (to calculate the net worth limit)
- Board Resolution approving the overseas investment
- Statutory Auditor’s Certificate confirming the investment limits
Foreign Entity Details
- Incorporation documents of the foreign JV / WOS
- Valuation report of the foreign company (if acquiring an existing entity)
Step-by-Step Filing Timeline
Our step-by-step advisory workflow.
Step 1: Eligibility Check
We verify if your investment falls under the Automatic Route or requires prior RBI approval.
Step 2: CA Certification
We prepare the net worth certificates and ensure the investment amount is within the FEMA limits.
Step 3: Form ODI Preparation
We prepare Form ODI (Part I) along with all annexures and submit it to your AD Bank.
Step 4: Remittance & UIN
The AD Bank processes the outward remittance and reports it to the RBI, which then generates the UIN for the foreign subsidiary.
Key Advantages of Correct ODI Filing
Proper ODI filing ensures your international expansion is legally sound.
Legal Remittance of Capital
Banks will absolutely reject any outward remittance of capital for investment unless the ODI forms and CA certificates are perfectly in place.
Obtain UIN
Upon the first filing, the RBI issues a UIN for the foreign JV/WOS. This UIN is mandatory for all future investments, loans, or guarantees given to that foreign entity.
Prevent FEMA Prosecution
Investing abroad illegally without ODI filing is a severe FEMA violation that can result in massive penalties and the forced repatriation of the funds.
Frequently Asked Questions
Helpful answers to common regulatory inquiries.
Can individuals invest abroad?▼
Yes, resident individuals can invest in foreign equity under the Liberalised Remittance Scheme (LRS) up to USD 250,000 per financial year, which involves a different set of FEMA declarations.
What is the Annual Performance Report (APR)?▼
Once you have an active ODI, you are legally required to file an APR every year by December 31st, detailing the financial performance of the foreign subsidiary to the RBI.
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Corporate filings managed directly by certified Chartered Accountants & Company Secretaries.
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