The Classic Partners LLP
ODI (Overseas Direct Investment) Services
Complete Overseas Direct Investment (ODI) support for Indian companies and entities investing abroad. We handle Form FC reporting, UIN, Annual Performance Reports, and ongoing FEMA compliance under the Overseas Investment Rules and Regulations, 2022 — so your foreign investments stay fully compliant with the RBI.
Talk to an ODI Compliance ExpertWhat is Overseas Direct Investment (ODI)?
Overseas Direct Investment (ODI) is investment by an Indian entity in the equity capital of a foreign entity, or in instruments reckoned as ODI, governed by the FEMA (Overseas Investment) Rules and Regulations, 2022 and the related RBI Directions (effective 22 August 2022). The investment is routed through a designated AD Category-I bank.
Before the first remittance, the Indian entity files Form FC and obtains a Unique Identification Number (UIN) from the RBI. Evidence of investment must be submitted within six months, and an Annual Performance Report (APR) is filed by 31 December each year. We manage structuring, reporting, and ongoing compliance, in coordination with the entity's company compliance calendar.
Who Needs ODI Compliance?
- Indian companies setting up subsidiaries or joint ventures abroad.
- Indian entities acquiring stakes in foreign companies.
- Resident individuals investing overseas under LRS where reckoned as ODI.
- Startups and groups expanding internationally.
- Indian entities with existing foreign subsidiaries (APR and FLA reporting).
Our ODI Services
Structuring & Eligibility
Assessing routes, limits, and the financial-commitment framework before investing.
Form FC Filing & UIN
Reporting the investment and obtaining the UIN before the first remittance.
AD Bank Coordination
Routing the transaction and documentation through your designated AD bank.
Annual Performance Report
Preparation and filing of the APR by the 31 December deadline.
FLA Return Support
Annual Foreign Liabilities and Assets reporting for Indian entities.
Disinvestment & Restructuring
Reporting changes, restructuring, and exit within prescribed timelines.
Why Choose The Classic Partners
- Specialised experience across corporate, FEMA, and tax compliance for businesses of every size.
- End-to-end handling filings, audit coordination, and follow-up managed under one roof.
- Timely reporting so you never miss a statutory deadline or attract avoidable penalties.
- Transparent fees and a dedicated point of contact you can actually reach.
Frequently Asked Questions
What is Overseas Direct Investment (ODI)?
ODI is investment by an Indian entity in the equity capital or qualifying instruments of a foreign entity, governed by the FEMA (Overseas Investment) Rules and Regulations, 2022 and administered by the RBI through AD banks.
Is RBI or AD-bank reporting required for ODI?
Yes. The Indian entity must file Form FC and obtain a Unique Identification Number (UIN) through its designated AD Category-I bank before making the first remittance for the investment.
What is an Annual Performance Report (APR)?
The APR is an annual filing on each foreign entity, submitted through the AD bank by 31 December every year, based on the audited financial statements of the foreign entity.
What is the financial-commitment limit for ODI?
Subject to conditions, an Indian entity's total financial commitment abroad is generally capped at a prescribed percentage of its net worth under the Overseas Investment framework; we assess the limit for your case.
What documents are needed for ODI?
Typically board resolutions, the valuation of the foreign entity, the share subscription or acquisition agreement, AD-bank forms, and KYC, followed by evidence of investment within six months.
Can The Classic Partners handle ODI for entities outside Mumbai?
Yes. We support Indian companies and entities across locations with ODI reporting, APR, and FEMA compliance, coordinating with AD banks remotely.
Need help with your compliance?
Get clear, deadline-driven compliance handled by experienced Chartered Accountants.
Contact Us
