FDI Filing with RBI
Foreign money in the bank account is only half the transaction. The reporting that follows it has a 30-day clock and a valuation to support.
Foreign direct investment into an Indian company is reported to the RBI on the FIRMS portal — Form FC-GPR within 30 days of allotting capital instruments to a non-resident, and Form FC-TRS within 60 days where existing shares are transferred between a resident and a non-resident. The entity must first be registered on FIRMS as an Entity User and Business User, and delays are regularised through the Late Submission Fee mechanism rather than simply being left unreported.
What our FDI reporting service covers
From sectoral eligibility to a filed, acknowledged return.
- Sectoral eligibility, entry route and conditions under the NDI Rules
- Entity User and Business User registration on the FIRMS portal
- Form FC-GPR for issue of capital instruments to non-residents
- Form FC-TRS for transfers between residents and non-residents
- Valuation certificates and pricing guideline compliance
- Late Submission Fee computation and payment for delayed filings
What an FDI filing actually needs
Four inputs, all of which take longer than the form itself.
Route and sector check
Whether the sector is on the automatic or government route, the applicable cap, and any conditions attached to it.
Inward remittance evidence
The FIRC and KYC report from the AD bank, tying the money received to the investor named in the filing.
Valuation
A certificate supporting the issue or transfer price, prepared under an internationally accepted methodology by an eligible professional.
FIRMS filing
The single master form filed within its window, with the company secretary's certificate and supporting declarations.
Our process
The sequence from remittance to acknowledgement.
Eligibility review
Confirming the sector, route, cap and conditions before any money is drawn down.
Documentation
Collecting the FIRC, KYC, valuation certificate, board and shareholder approvals.
FIRMS filing
Filing FC-GPR or FC-TRS within the prescribed window on the RBI's portal.
Closure
Tracking the filing to acknowledgement and building the record for the annual FLA return.
Where FDI reporting goes wrong
What sets our approach apart.
The allotment window is tight
Capital instruments must be issued within 60 days of receiving the funds, failing which the money is generally required to be refunded — and the reporting clock starts from allotment.
Pricing is not negotiable downward
A non-resident cannot be issued shares below the fair value determined under the pricing guidelines, whatever the parties have agreed commercially.
Delays are fixable, silence is not
The Late Submission Fee route allows most delayed filings to be regularised; ignoring the delay leaves an ongoing contravention that surfaces in diligence.
FDI Filing with RBI questions answered
What people ask before engaging us.
Received foreign investment recently?
We will confirm the route, the valuation position and the reporting deadline before the clock runs out.
