FEMA & FDI · Panaji, Goa
Accurate Form FC-GPR filing in Goa — the FEMA report an Indian company makes when it issues shares to a non-resident against foreign investment — prepared with the valuation and remittance details and filed on the RBI’s FIRMS portal within thirty days.
Overview
Form FC-GPR, the Foreign Currency-Gross Provisional Return, is filed when an Indian company issues shares or other eligible instruments to a person resident outside India against foreign direct investment. It records the inflow with the Reserve Bank on the FIRMS portal.
The form is filed within thirty days of the allotment of the shares, supported by a valuation, the inward remittance advice and KYC, and the prescribed declarations. We complete the Entity Master, assemble the documents and file FC-GPR on time. A later transfer of those shares is reported in Form FC-TRS.
What's covered
The complete reporting of an FDI share issue.
Get a fixed-fee quote →One-time registration of the company on the FIRMS portal.
Valuation certificate supporting the issue price.
Inward remittance advice and KYC from the receiving bank.
Reporting the issue of shares within thirty days of allotment.
The company secretary's certificate and prescribed declarations.
Regularising a delayed filing with the prescribed LSF.
Our process
Allotment details, investor and remittance information.
Valuation, FIRC and KYC assembled.
Filed within thirty days on the FIRMS portal.
Filing acknowledgement shared and recorded.
Frequently asked questions
Form FC-GPR, the Foreign Currency-Gross Provisional Return, is the FEMA report filed when an Indian company issues shares or other eligible instruments to a person resident outside India against foreign investment. It is filed with the Reserve Bank on the FIRMS portal.
Form FC-GPR is filed within thirty days of the date of allotment of the shares to the non-resident. Filing within this window keeps the foreign investment compliant and avoids a late submission fee.
The deadline is thirty days from the allotment of the shares. The company must also have completed its one-time Entity Master Form on the FIRMS portal before it can file FC-GPR.
Typically a valuation certificate supporting the issue price, the foreign inward remittance advice and KYC from the receiving bank, the board and allotment details, and the company secretary's certificate and declarations. We assemble these for the filing.
The price of the shares issued to the non-resident must be supported by a valuation done in line with the FEMA pricing guidelines, generally by a qualified valuer. The valuation underpins the consideration reported in the form.
FC-GPR reports a fresh issue of shares by an Indian company to a non-resident, while FC-TRS reports a transfer of existing shares between a resident and a non-resident. One captures the issue, the other the transfer.
Yes. A Form FC-GPR filed after the thirty-day period can be regularised on payment of a late submission fee prescribed by the Reserve Bank, based on the amount involved and the delay. Filing on time avoids the fee.
Related services
Book a free consultation with a qualified Chartered Accountant in Goa. We'll handle the valuation and file Form FC-GPR on the FIRMS portal within thirty days — no obligation.