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Any time a Pvt Ltd company in India receives investment from a foreign person or entity (NRI, foreign VC, foreign angel), it must file Form FC-GPR with RBI within 30 days of share allotment.
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Any time a Pvt Ltd company in India receives investment from a foreign person or entity (NRI, foreign VC, foreign angel), it must file Form FC-GPR with RBI within 30 days of share allotment.
FEMA 1999, Reg 4 | RBI Circular: FC-GPR Filing
FC-GPR is filed through FIRMS (Foreign Investment Reporting and Management System) on RBI's portal. Late filing = penalty of ₹5,000/day (plus compounding). Many funded startups have pending FC-GPR filings they don't know about. Also required: Form FCGPR-B (annual return) by 31 July every year for companies with foreign investment.
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