If your company receives investment from a foreign investor, filing FCGPR is a mandatory FEMA compliance.
📌 What is FCGPR?
FCGPR (Foreign Currency-Gross Provisional Return) is a form filed with RBI when an Indian company issues shares to a foreign investor.
It is basically an intimation to RBI about foreign investment received and shares allotted.
📅 When should FCGPR be filed?
FCGPR must be filed within 30 days from the date of allotment of shares to the foreign investor.
Example:
If shares are allotted on 10 March, FCGPR must be filed on or before 9 April.
🎯 Why is FCGPR filed?
It is filed to:
• Inform RBI about foreign investment
• Ensure FEMA compliance
• Record foreign shareholding
• Avoid penalties and legal issues
⚠️ Consequences of Non-Filing or Delay
Non-filing or delayed filing is treated as FEMA contravention.
Company may face:
• Late Submission Fee (LSF)
• Heavy penalties
• Compounding proceedings
• Issues in future foreign funding
Timely compliance is critical.
🤝 How We Help You in FCGPR Compliance
We provide end-to-end support to ensure smooth and compliant filing:
✔ Advisory on FEMA provisions
✔ Verification of foreign investment and pricing guidelines
✔ Preparation of FCGPR and supporting documents
✔ Filing on RBI FIRMS Portal
✔ Handling RBI queries, if any
✔ Support for delayed filings and regularisation
📞 For professional assistance in FCGPR filing and FEMA compliance, feel free to contact us.
CA Ramakrishna Sanjay
+91 77602 52581
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