Foreign Liabilities and Assets return required from entities holding foreign investment, including companies, LLPs and investment funds. Foreign Liabilities and Assets (FLA) annual return must be submitted by resident entities that have received foreign direct investment or have made overseas investments and hold foreign assets or liabilities in their balance sheets, including companies under the Companies Act, LLPs under the Limited Liability Partnership Act, and other entities such as SEBI-registered Alternative Investment Funds, partnership firms and public-private partnerships.