FC-GPR filing is a mandatory FEMA compliance when an Indian company issues shares to a foreign investor. It must be reported to the Reserve Bank of India (RBI) through the FIRMS portal within the prescribed timeline.
Most companies face issues with FC-GPR due to valuation mismatches, incorrect documentation, or delays in filing. These mistakes can lead to penalties and compounding proceedings.
We provide complete FC-GPR filing support, ensuring accurate reporting, proper valuation compliance, and smooth approval through the authorized dealer (AD) bank.
FAQs on FC-GPR Filing
What is FC-GPR filing?
It is a reporting requirement for issuance of shares to foreign investors.
What is the timeline for FC-GPR filing?
It must be filed within 30 days of share allotment.
Is valuation mandatory for FC-GPR?
Yes, valuation must comply with FEMA pricing guidelines.
Who is responsible for filing FC-GPR?
The Indian company issuing shares is responsible for filing.
What happens if FC-GPR is not filed?
Non-compliance may lead to penalties and compounding under FEMA.