🌍 FCGPR Filing – Foreign Direct Investment (FDI) Compliance

When an Indian company receives Foreign Direct Investment (FDI) by issuing equity shares or convertible debentures to a foreign investor, it is mandatory to report this to the Reserve Bank of India (RBI) through the FCGPR (Foreign Currency-Gross Provisional Return) form on the FIRMS portal.

Timely filing of FCGPR ensures compliance with the Foreign Exchange Management Act (FEMA), 1999 and avoids penalties.

At Lakshya Tax Consultancy, we provide end-to-end support for FCGPR filing – from documentation to RBI submission – ensuring a smooth, compliant, and hassle-free process.

✅ When is FCGPR Filing Required?

  • When a company issues equity shares, CCPS, or CCDs to a foreign investor.
  • Must be filed within 30 days from the date of issue of shares.
  • Applicable for both fresh FDI and conversion of loans into equity.

🔎 Process of FCGPR Filing

1️⃣ Allotment of Shares – Company allots shares to the foreign investor.
2️⃣ Gather Documents – Valuation report, FIRC, KYC from AD Bank, etc.
3️⃣ Login to FIRMS Portal – Access RBI’s online reporting platform.
4️⃣ File Form FCGPR – Submit details of share allotment and foreign investment.
5️⃣ Upload Attachments – Relevant supporting documents.
6️⃣ Verification by AD Bank & RBI – Bank verifies, then forwards to RBI for approval.
7️⃣ Approval/Closure – RBI confirms compliance after verification.

📑 Documents Required for FCGPR Filing

  • Copy of FIRC (Foreign Inward Remittance Certificate)
  • KYC report of foreign investor from AD Bank
  • Valuation certificate by CA / Merchant Banker
  • Board resolution for share allotment
  • Memorandum of Association (MOA) & Articles of Association (AOA)
  • Declaration by authorised signatory

🌟 Why Choose Lakshya Tax Consultancy?

✔️ 100% Online Process through FIRMS Portal
✔️ Expert Documentation & Filing Support
✔️ Timely Submission within 30 Days
✔️ Avoid Penalties & Non-Compliance
✔️ Trusted by Startups, SMEs & Corporates

👉 Ensure your company’s FDI compliance is smooth and penalty-free with Lakshya Tax Consultancy’s FCGPR Filing Services.