Chartered Accountants in India, working with clients across Europe
FC-GPR tells the RBI that your Indian company has issued shares to a foreign investor. It is due within 30 days of allotment, and the clock starts at allotment, not when money arrives. If you are already late, estimate the fee below.
Uses ₹7,500 plus 0.025% of the amount for each year of delay, counted in months. The RBI sets the final figure.
FC-GPR is part of the RBI’s single master form. It is filed by the Indian company each time it issues equity shares, compulsorily convertible preference shares or debentures, or share warrants to a person outside India.
Shares must be allotted within 60 days of receiving the money, and FC-GPR filed within 30 days after that.
The bank checks the form against the money received and the investor’s KYC before it is accepted. Mismatches are the most common reason for delay.
Shares issued to a non-resident must be priced at or above fair value under the pricing guidelines.
The bank issues the inward remittance certificate and investor KYC.
Fair value worked out by a chartered accountant or merchant banker.
Board resolution and share certificates.
Online on FIRMS with all attachments.
The bank accepts the form or raises queries.
The investment appears in the annual FLA return.
Dates, price, instrument and investor details.
Remittance certificate, KYC, valuation, board resolution and memorandum.
Confirming compliance with company law and FEMA.
As the company’s business user, with attachments.
Until the form is approved and the acknowledgement is saved.
Tick each item before filing.
FC-GPR is one of several FEMA filings for foreign-owned companies.
We file for Indian companies funded from every EU country, Switzerland and Norway.
Send us the allotment details and remittance certificate. We’ll check the dates and file within the deadline.
General guidance based on FEMA, the Non-Debt Instruments Rules and RBI directions as they stand. It is not legal advice for your situation; please contact us before acting on it.