Filing of LLP-II

Home > Filing of LLP-II

The disinvestment / transfer of capital contribution or profit share between a resident and a non-resident (or vice versa) shall be reported in Form LLP(II) to the authorized dealer bank within 60 days from the date of receipt of funds.

Time Limit for Filing

The form LLP (II) shall be filed with the authorized dealer bank within 60 days from the date of receipt of funds.

Transfer Type

  • Transfer of capital contribution / profit shares from a person resident outside India to a person resident in India [including NRI / OCI or eligible investor under Schedule 4 of FEMA 20(R)].

  • Transfer of capital contribution/profit shares instruments from a person resident in India [including NRI / OCI or eligible investor under Schedule 4 of FEMA 20(R)] to a person resident outside India.

What are the penalties for non-compliance?

Please refer “Master Direction- Compounding of Contraventions under FEMA, 1999” as amended from time to time

Have an Enquiry or some feedback for us?



    Scroll to Top