FEMA & FDI · Panaji, Goa
Accurate FDI reporting with the RBI in Goa — Entity Master registration, Form FC-GPR on allotment and Form FC-TRS on transfer — filed on the FIRMS portal within the prescribed timelines so your foreign investment stays fully compliant under FEMA.
Overview
When an Indian company issues or transfers shares to a person resident outside India, the transaction must be reported to the Reserve Bank of India under FEMA. Form FC-GPR is filed within thirty days of the allotment of shares to a non-resident, and Form FC-TRS within sixty days of receipt of consideration on a transfer.
All reporting is done through the RBI’s FIRMS portal, beginning with the one-time Entity Master Form. We confirm the sector and the route, value the shares, file the right form on time and, where a filing was delayed, regularise it with the prescribed late submission fee. For LLPs we file the LLP-I and LLP-II forms instead.
What's covered
Every RBI filing a foreign-funded company needs.
Get a fixed-fee quote →One-time registration of the company on the FIRMS portal.
Reporting issue of shares to a non-resident within thirty days of allotment.
Reporting transfer of shares between a resident and a non-resident.
Reporting the inward remittance and KYC from the receiving bank.
Confirming the sectoral cap and automatic or approval route.
Regularising delayed filings with the prescribed LSF.
Our process
Investment amount, investor details and share allotment or transfer.
We confirm the sector, route and the valuation.
FC-GPR or FC-TRS filed within the prescribed time.
Acknowledgement shared and records updated.
Frequently asked questions
When an Indian entity receives foreign direct investment, the transaction must be reported to the Reserve Bank of India under FEMA. Reporting is done on the RBI's FIRMS portal using forms such as FC-GPR for issue of shares and FC-TRS for transfer of shares.
Form FC-GPR is filed when an Indian company issues shares or other eligible instruments to a person resident outside India. It must be filed within thirty days of the date of allotment of those shares, along with the valuation and remittance details.
Form FC-TRS reports the transfer of shares or eligible instruments between a person resident in India and a person resident outside India, in either direction. It is generally filed within sixty days of the receipt or remittance of the consideration.
FIRMS is the Reserve Bank of India's online system for reporting foreign investment. Filings are made through a Single Master Form on the portal, and an entity must first complete a one-time Entity Master Form before it can file FC-GPR, FC-TRS and similar returns.
The Entity Master Form is a one-time registration that records an entity's existing foreign investment on the FIRMS portal. It must be completed before the entity can make transaction-level filings such as FC-GPR or FC-TRS for new investments.
A delayed filing can be regularised by paying a late submission fee prescribed by the Reserve Bank, calculated with reference to the amount involved and the period of delay. Filing on time avoids this fee and keeps the investment in good standing.
Under the automatic route, foreign investment within the sectoral cap needs only reporting to the RBI, with no prior government approval. Under the approval route, investment in certain sectors requires prior approval before it can be received and reported.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll handle your Entity Master, FC-GPR and FC-TRS on the FIRMS portal within the deadlines — no obligation.