FDI Compliance & FC-GPR Filing
Receiving foreign investment: pricing, share issue timelines and RBI reporting
- 1CheckRoute, cap and pricing confirmed before money arrives.
- 2AllotShares allotted and ROC filings made on time.
- 3ReportFC-GPR filed on FIRMS and approved by the AD bank.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About FDI Compliance & FC-GPR Filing
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
When an Indian company issues shares or other capital instruments to a foreign investor, it must allot them within 60 days of receiving the money (or refund within the next 15 days), price them at or above fair value, and report the issue in Form FC-GPR on RBI's FIRMS portal within 30 days of allotment. Investment from a country sharing a land border with India needs government approval first.
Most sectors allow foreign investment under the automatic route, but sectoral caps, conditions and the government route still apply in some — so the first step is confirming the route and limit for your business activity. The AD bank then issues the FIRC and KYC report for the inward remittance.
For an unlisted company, the issue price must not be below the fair value worked out by a chartered accountant, SEBI-registered merchant banker or practising cost accountant using an internationally accepted pricing method. We coordinate the valuation, board and shareholder approvals, PAS-3 with the ROC and the FC-GPR with all its attachments, so the AD bank approves it first time.
Missed a deadline? Delayed FC-GPR filings can usually be regularised with a late submission fee; long-pending or repeated defaults may need compounding with RBI. We assess which applies and prepare the filing.
| Law | FEMA 1999; Non-Debt Instruments Rules, 2019; RBI Master Direction on Foreign Investment |
|---|---|
| Allotment | Within 60 days of receiving funds; otherwise refund within 15 days |
| FC-GPR | Within 30 days of allotment, on FIRMS |
| Pricing (unlisted) | Not below fair value certified by a CA, merchant banker or cost accountant |
| Land-border countries | Government approval required (Press Note 3, 2020) |
| Late filing | Late submission fee; compounding for serious delays |
Who this is for
Common scenarios where this service is a good fit.
- Startups raising money from foreign angels or VC funds
- Indian subsidiaries receiving capital from a foreign parent
- Companies converting foreign loans or payables into equity
- Companies with pending or delayed FDI filings
What you get
Clear deliverables so you know exactly what's included.
- Route and sectoral-cap check
- Valuation coordination and pricing compliance
- Entity Master and business-user registration on FIRMS
- FC-GPR preparation, filing and AD-bank follow-up
- Regularisation of delayed filings
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Route, cap and pricing confirmed before money arrives.
Shares allotted and ROC filings made on time.
FC-GPR filed on FIRMS and approved by the AD bank.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
This page also covers
- FDI reporting
- FC-GPR, Form ESOP, Form CN for startup convertible notes and LLP capital contributions.
- Downstream investment
- Indirect foreign investment by FDI-owned Indian companies.
Official sources
- RBI — FIRMS portal (Single Master Form)
- RBI — Master Directions (Foreign Investment, Overseas Investment, LRS)
- DPIIT — Consolidated FDI Policy
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
