An Indian company that receives foreign direct investment must report it to the Reserve Bank of India on the FIRMS portal. Form FC-GPR is filed within 30 days of allotting shares or other instruments to a person resident outside India.
Form FC-TRS is filed when shares are transferred between a resident and a non-resident, within 60 days of receipt or remittance of the consideration. Late reporting can be regularised by paying a Late Submission Fee.
Key points
- FC-GPR: within 30 days of allotment
- FC-TRS: within 60 days of receipt or remittance
- Valuation certificate and KYC of the foreign investor are needed
- Sectoral caps and entry routes must be checked before investment
- Annual FLA return by 15 July
General information only, not professional advice. Section references are to the Income-tax Act, 1961; corresponding provisions of the Income-tax Act, 2025 apply from 1 April 2026. Thresholds and dates may change by notification.
CA Rahul Rajendra MohiteACA, M.Com · ICAI Membership No. 622387 · Founder, Rahul R. Mohite & Co., PuneFirm profile and key facts