FC-GPR Filing to RBI

What is FC-GPR Filing?

FC-GPR filing stands for Foreign Currency-Gross Provisional Return. It is a mandatory filing under the Foreign Exchange Management Act (FEMA) when an Indian company receives foreign investment and allots shares to a foreign investor.

Every Indian company issuing shares to a person or entity outside India must file Form FC-GPR on the RBI’s FIRMS portal within 30 days from the date of allotment. This ensures compliance with RBI’s reporting guidelines for foreign direct investment (FDI).

Non-compliance may lead to penalties under FEMA and delays in further investment approvals. Hence, timely and accurate FC-GPR filing is critical for businesses receiving foreign capital.

Who Needs FC-GPR Filing?

• Indian companies receiving FDI in equity shares or preference shares
• Startups funded by foreign venture capital firms
• Subsidiaries or joint ventures with foreign shareholders
• Companies issuing shares against share application money from non-residents
• Any business under FEMA that receives foreign funds in India

Why Tax Intelligence for FC-GPR Filing Services?

At Tax Intelligence, Our team ensures correct share valuation, document preparation, and RBI approval tracking so that your FDI compliance stays updated and secure. Apart from FC-GPR filing we also provide services for FC-TRS form filing, Startup advisory, and management consultancy services to clients in India and abroad.

What Does Tax Intelligence Do for FC-GPR Filing?

• Drafts and Reviews Form FC-GPR: Ensures accuracy and compliance before submission.
• Coordinates with Authorized Dealer Bank: Helps in KYC verification and documentation.
• Prepares Supporting Certificates: Includes valuation reports, board resolutions, and declarations.
• Handles RBI Portal Filing: Submits the form and monitors the approval status on the FIRMS portal.
• Resolves Queries: Communicates with the RBI or AD bank for any clarification or re-submission.
• Provides Final Acknowledgement: Delivers the RBI-approved FC-GPR copy and compliance proof.