Foreign investment in India – Reporting in Single Master Form - Series -356

Foreign investment in India – Reporting in Single Master Form SHORT SUMMARY: The Reserve Bank of India (RBI) has introduced new directions under the provisions of the Foreign Exchange Management Act, 1999 vide A.P. (DIR Series) Circular No. 30 notified on the 7 June 2018 (hereinafter referred to as 'RBI Circular') laying down the roadmap for implementation of the reporting of foreign investments. As per Reserve Bank of India, There are various ways of investment in India by foreigners and there are different forms for each type of investment like: Capital contribution in Company, LLP or investment in other investment vehicles. To make it convenient, ease of doing business RBI will introduce a “Single Master Form (SMF) subsuming all the existing reports. The focus of RBI is on integrating the foreign direct investment reporting system and RBI has introduced TWO FORMS for this. ENTITY MASTER FORM: EMF is part of first Mo