FC-GPR and RBI Compliance

Hassle-Free FDI Reporting with LegalTax Coin

Received foreign investment? Don’t miss the FC-GPR filing deadline!

When a company in India receives Foreign Direct Investment (FDI) and allots shares to a foreign investor, it must report the transaction to the Reserve Bank of India (RBI) through Form FC-GPR — now filed online via the FIRMS portal.

At LegalTax Coin, we help you manage the entire process efficiently, ensuring full compliance with RBI rules and avoiding hefty penalties.

What is Form FC-GPR?

Form FC-GPR (Foreign Currency – Gross Provisional Return) is filed when a company:

 Receives FDI in the form of capital investment
 Issues shares or convertible instruments (equity, CCPS, debentures) to a non-resident investor

Deadline: Must be filed within 30 days of share allotment

Who Needs to File?

    • Private/Public companies under the Companies Act, 2013
    • LLPs registered under the LLP Act, 2008
    • Eligible Startups as per DIPP norms

FDI Entry Routes

    • Automatic Route: No prior government approval required
    • Government Route: Requires approval from the relevant Ministry/Department

When is FC-GPR Filing Required?

    • On incorporation if a non-resident is a shareholder
    • When share application moneyis received from a foreign investor and shares are issued

Foreign Liabilities and Assets (FLA) Filing

All Indian entities that receive or invest in FDI/ODI must file the FLA Return annually by July 15.

The new FLAIR portal (https://flair.rbi.org.in) simplifies this process through:

✔️ Secure web-based submissions
✔️ Real-time validation checks
✔️ Investor-wise reporting
✔️ System-generated acknowledgements
✔️ Revision capabilities

Non-Compliance = Heavy Penalties

Delays or errors in FC-GPR or FLA filings can attract severe fines under FEMA. Since the process is detailed and time-sensitive, it's best handled by professionals.

How LegalTax Coin Can Help

At LegalTax Coin, we offer complete support for:

 FC-GPR & FLA Reporting
 RBI Compliances for FDI
 FEMA & SEBI-Linked Filings
 FCRA Registrations & related advisory

Need help with FC-GPR or FDI reporting?
Contact our experts at _________________ and we’ll ensure you're always compliant, always on time.