Foreign Technical Collaboration requires disclosure in the annual FLA return; reporting companies must indicate such collaboration. Foreign Technical Collaboration encompasses agreements by an Indian company with a foreign entity involving technology transfer, know how transfer, use of patents, brand names or similar arrangements. Where such collaboration exists during the FLA reporting period, the Indian reporting entity must declare it in the Annual Return on Foreign Liabilities and Assets by selecting the affirmative option against item 11 in Section I of the FLA return.