Chartered Accountants in India, working with clients across Europe

FC-GPR Filing Services for European Investment | NDSA
FC-GPR · Shares issued to foreign investors

Shares issued abroad? Report them within 30 days.

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.

30 daysFrom the date of allotment
FIRMSFiled online through your bank
₹7,500Fixed part of the late fee
Late fee estimatorLate submission fee

Uses ₹7,500 plus 0.025% of the amount for each year of delay, counted in months. The RBI sets the final figure.

01 · What it is

One report for every allotment.

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.

When it applies

  • New shares to a foreign investor
  • Convertible instruments
  • Rights or bonus issues to non-residents
  • Share swaps

When it doesn’t

  • Transfers between shareholders (FC-TRS)
  • Downstream investment (Form DI)
  • Investment in an LLP

Watch the price

Shares issued to a non-resident must be priced at or above fair value under the pricing guidelines.

02 · Timeline

From remittance to acknowledgement.

  1. Day 0

    Money received

    The bank issues the inward remittance certificate and investor KYC.

  2. Before allotment

    Valuation

    Fair value worked out by a chartered accountant or merchant banker.

  3. By day 60

    Shares allotted

    Board resolution and share certificates.

  4. Within 30 days

    FC-GPR filed

    Online on FIRMS with all attachments.

  5. After review

    Bank approves

    The bank accepts the form or raises queries.

  6. Next 15 July

    FLA return

    The investment appears in the annual FLA return.

03 · How we file

Our FC-GPR process.

  1. 1
    Check

    Review the allotment

    Dates, price, instrument and investor details.

  2. 2
    Collect

    Gather documents

    Remittance certificate, KYC, valuation, board resolution and memorandum.

  3. 3
    Certify

    Company secretary certificate

    Confirming compliance with company law and FEMA.

  4. 4
    File

    Submit on FIRMS

    As the company’s business user, with attachments.

  5. 5
    Close

    Answer bank queries

    Until the form is approved and the acknowledgement is saved.

04 · Documents

What goes into FC-GPR.

Inward remittance certificateShowing the amount and purpose
KYC of the investorFrom the remitting bank abroad
05 · Pre-filing check

Before you press submit.

0 done

Tick each item before filing.

Money

Shares

Filing

06 · Common myths

FC-GPR myths that cause delays.

Wherever you live in Europe

FC-GPR filing for investors across Europe.

We file for Indian companies funded from every EU country, Switzerland and Norway.

BerlinMunichFrankfurtHamburgStuttgartAmsterdamRotterdamThe HagueEindhovenBrusselsAntwerpLuxembourgParisLyonToulouseDublinCorkStockholmGothenburgCopenhagenHelsinkiOsloZurichGenevaViennaMilanRomeMadridBarcelonaLisbonPortoWarsawKrakówPragueBudapestBucharestTallinnVilniusAthensValletta
07 · FAQs

FC-GPR questions answered.

What is FC-GPR?
The report to the RBI of capital instruments issued by an Indian company to a foreign investor.
When is FC-GPR due?
Within 30 days of the date of allotment.
Where is it filed?
On the RBI’s FIRMS portal, reviewed by your bank.
What documents are needed?
Remittance certificate, investor KYC, valuation, board resolution and a company secretary certificate.
What if I file late?
A late submission fee usually applies, based on the amount and the delay.
How is the late fee worked out?
₹7,500 plus 0.025% of the amount for each year of delay.
When must shares be allotted?
Within 60 days of receiving the money.
Does FC-GPR cover share transfers?
No. Transfers are reported on FC-TRS.
Is a valuation needed?
Yes, to show the shares were issued at or above fair value.
Can you fix a rejected FC-GPR?
Yes. We review the bank’s comments and refile.

Shares issued to a European investor? We’ll file the FC-GPR.

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.