FC-GPR, FC-TRS and FEMA reporting for inbound foreign investment.
Every inbound foreign investment into an Indian company carries a reporting obligation that is easy to underestimate. The FC-GPR must be filed within thirty days of allotment of shares to the foreign investor, the FC-TRS within sixty days of a transfer between a resident and a non-resident, and both run through the RBI FIRMS portal with an entity master and a single master form that must be set up correctly first. Late or defective filings attract a late-submission fee and can hold up subsequent corporate actions.
Foreign investors often discover the problem only at the next funding round or exit, when a diligence exercise reveals missing or incorrect filings that must be regularised before the deal can close. We run the reporting end to end, from entity-master registration through FC-GPR and FC-TRS filing and reconciliation, and we regularise historic defaults with the late-submission-fee mechanism so the cap table is clean when it matters.
Registering the Indian company on the FIRMS portal and setting up the entity master and single master form correctly before the first filing.
Filing the FC-GPR within thirty days of allotment, with the valuation certificate, FIRC, KYC, and board and shareholder records the RBI requires.
Filing the FC-TRS within sixty days for transfers between residents and non-residents, including secondary sales and exits.
Regularising overdue or defective filings through the late-submission-fee route so the company is FEMA-compliant.
Handling downstream-investment reporting, convertible-instrument reporting, and the annual Foreign Liabilities and Assets return.
Fixing FEMA reporting gaps identified in investment or acquisition diligence so the transaction can close on time.
The FC-GPR must be filed within thirty days of the date of allotment of shares or other eligible instruments to the foreign investor, through the RBI FIRMS portal.
A late-submission fee applies, calculated on the amount involved and the delay. Beyond the fee, unreported or misreported investment can block future filings and must be regularised before the next round or exit can proceed.
FC-GPR reports the issue of new shares by an Indian company to a foreign investor. FC-TRS reports the transfer of existing shares between a resident and a non-resident. Fresh investment uses FC-GPR; secondary transactions use FC-TRS.
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