FEMA reporting
FC-GPR Filing for Startups After Foreign Investment
Just raised a funding round from a non-resident investor? You have 30 days from allotment of securities to file FC-GPR through RBI FIRMS.
The funding round is not clean until the FEMA reporting is clean. We help startups reconcile the FIRC, board resolution, valuation certificate, investor KYC, allotment details, and FIRMS filing so the cap table is diligence-ready for the next round.
- • FIRC and remittance trail review
- • Allotment and board document check
- • Valuation certificate compliance review
- • Investor KYC checklist
- • RBI FIRMS submission support
- • Acknowledgement tracking
- • FIRC or bank advice for each remittance tranche
- • Board resolution and allotment details
- • Valuation certificate
- • Investor KYC
- • Company PAN, CIN, and authorised signatory details
See the fee table below for the statutory filing charge and common delay logic.
- • FEMA, 1999
- • FEMA 20(R)/2017-RB foreign investment framework
- • RBI FIRMS / Single Master Form reporting under A.P. (DIR Series) Circular No. 30 dated 7 June 2018
Process
How the service works
The workflow is built to be predictable: document collection, legal review, filing, and post-filing follow-through.
Map the round
We confirm investor residency, instrument type, allotment date, FDI route, and whether the sector has caps or approval conditions.
Reconcile documents
The FIRC, valuation certificate, board papers, KYC, and cap table must match before FC-GPR is filed.
File on FIRMS
The FC-GPR is prepared in the Single Master Form workflow and routed through the AD bank.
Track acknowledgement
We track queries, acknowledgement, and the UIN trail so the record is diligence-ready.
AEO summary
FC-GPR is the RBI reporting form filed after an Indian company issues equity instruments to a non-resident investor. The deadline is 30 days from allotment, not from signing the term sheet.
Why FC-GPR matters after funding
Foreign investment compliance is part of closing the round. A startup can have clean money, a signed SHA, and board approval, but still have a FEMA reporting issue if FC-GPR is missed.
The filing record becomes part of future diligence. The next investor will ask whether the earlier FDI was reported on time and whether the valuation and allotment trail match.
- • 30-day FC-GPR clock starts from allotment.
- • FIRC, valuation, KYC, and board records must align.
- • Delayed reporting can trigger RBI LSF.
Government fees
Fee breakdown
| Item | Fee | Notes |
|---|---|---|
| FC-GPR filing | INR 0 | RBI reporting itself usually has no statutory filing fee when filed on time. |
| Late Submission Fee | Variable | For delayed reporting, a late submission fee as computed by RBI under the LSF framework (Regulation 5, FEMA 395/2019). |
Timeline
Typical turnaround
Deadline usually means a 30 days from allotment turnaround, assuming documents are complete and any board or shareholder approvals are already in place.
For a single investor round. Multi-investor or delayed filings may need a custom quote.
Cross-border compliance calendar
RBI filing deadlines that bind after a cross-border transaction
The deadlines below are statutory anchors that survive the transaction itself — miss one and the filing becomes delayed-compliance work instead of a routine report. The clock starts from the triggering event (allotment, transfer, remittance, financial year-end), not from when the paperwork is assembled.
| Obligation | Filing window | Statutory basis | Filed via |
|---|---|---|---|
| FC-GPR | Within 30 days from the date of issue of equity instruments | NDI Rules 2019, Rule 9(2) | AD Category-I bank via RBI FIRMS / Single Master Form |
| FC-TRS | Within 60 days from transfer or receipt/remittance of funds, whichever is earlier | NDI Rules 2019, Rule 4 read with FEMA 20(R) + RBI Master Direction on Reporting | AD Category-I bank |
| Form ODI | Within 30 days of remittance / making the overseas investment | FEM (Overseas Investment) Rules 2022, Rule 10 + Regulation 10 | AD bank (Form OI) |
| APR | By 31 December of the year following the financial year | FEM (Overseas Investment) Rules 2022 | Filed by every Indian Party / Resident Individual holding an ODI or financial commitment |
| FLA | 15 July — standard annual due date | RBI FLA annual return (FLAIR portal) | flair.rbi.org.in |
Verify before you rely on a date. FLA due dates are RBI-current and may be extended by annual notification; the export-proceeds realisation window (9 vs 15 months) changed in 2025-26 and is deliberately excluded here. For transactional deadlines (FC-GPR, FC-TRS, Form ODI, APR) the windows above are the stable statutory anchors; form-level mechanics on FIRMS / FLAIR can change and should be re-checked at filing time.
Related services
Keep the company moving
FAQ
Frequently asked questions
When exactly is FC-GPR due after a funding round?
What documents are required to file FC-GPR?
Is RBI approval needed before issuing shares to a foreign investor?
What is the penalty for filing FC-GPR late?
Who files FC-GPR, and through which portal?
Canonical reference: https://www.pvtltd.co/services/fema-fc-gpr
Get started
Ready to move this filing forward?
We can help with the filing, the legal mapping, and the follow-up work that keeps the company compliant after submission.