The Classic Partners LLP

FEMA Form (II) for LLP

Filing of Form FDI-LLP(II) with the Reserve Bank of India to report transfer or disinvestment of capital contribution in an LLP between a resident and a non-resident — documented, valued and filed on the FIRMS portal.

Talk to an LLP Transfer Expert

What is FEMA Form (II) for LLP?

Form FDI-LLP(II) is the RBI reporting form used when capital contribution or profit share in an LLP is transferred between a person resident in India and a person resident outside India — in either direction. It is filed on the FIRMS portal within the prescribed FEMA timeline and is the LLP counterpart of the FC-TRS used by companies for share transfers.

It applies on the entry of a non-resident by transfer, and on the exit or disinvestment of a non-resident partner. We prepare the transfer documents, coordinate the valuation, and file the form — complementing FEMA Form (I) for LLP used when fresh foreign investment comes in. Our FEMA consultants in India can advise on the wider structure.

Who Needs to File FEMA Form (II) for LLP?

  • LLPs where capital contribution is transferred to or from a non-resident.
  • Resident partners selling their contribution to a non-resident.
  • Non-resident partners exiting or disinvesting from an LLP.
  • LLPs restructuring partner contributions across residents and non-residents.
  • LLPs that need to report a transfer on the FIRMS portal.

Our FEMA Form (II) Services

Form FDI-LLP(II) Filing

Reporting transfer or disinvestment of LLP contribution on FIRMS within timelines.

Transfer Documentation

Preparing transfer agreements, consents and supporting records.

Valuation Coordination

Coordinating the valuation certificate for the transfer consideration.

FIRMS Portal Support

Managing attachments, certifications and resubmissions on FIRMS.

FEMA Compliance Check

Confirming pricing guidelines and conditions are met for the transfer.

Advisory on LLP Transfers

Guidance on resident-to-non-resident and exit transactions in an LLP.

Why Choose The Classic Partners

  • Specialised experience with LLP capital-contribution transfers and RBI FIRMS filings.
  • End-to-end support — advisory, documentation, and filing handled under one roof.
  • Timely filing so you never miss a RBI reporting deadline.
  • Transparent fees and a dedicated point of contact you can actually reach.

Frequently Asked Questions

What is Form FDI-LLP(II)?

It is the RBI form used to report a transfer of capital contribution or profit share in an LLP between a resident and a non-resident, filed on the FIRMS portal.

When is Form FDI-LLP(II) required?

It is required when a non-resident acquires contribution from a resident, or when a non-resident transfers or disinvests contribution, in an LLP. Reporting follows within the FEMA timeline.

What is the timeline and late fee for filing?

FEMA prescribes a reporting timeline from the date of transfer, and delayed reporting attracts a late-submission fee. We file on time and help regularise any delay.

What is the difference between Form (I) and Form (II) for LLP?

Form (I) reports fresh foreign investment received by an LLP, while Form (II) reports a transfer of existing contribution between a resident and a non-resident.

What documents are needed for Form FDI-LLP(II)?

Typically the transfer agreement, the valuation certificate, the LLP agreement, remittance and KYC details, and the required certifications, along with the Entity Master record.

Do you handle LLP transfer reporting for clients outside Mumbai?

Yes. We document, value and report LLP capital-contribution transfers for clients across locations on the FIRMS portal.

Transferring LLP contribution across borders?

We document and file Form FDI-LLP(II) accurately and on time.

Contact Us
Scroll to Top