End-to-End FDI Filing Support – N D Savla & Associates
When an Indian company receives Foreign Direct Investment (FDI) and issues shares or securities to a foreign investor,
it triggers mandatory reporting obligations under FEMA, 1999.
At N D Savla & Associates, we provide complete legal and compliance support for FDI reporting,
including documentation, FC-GPR filing, FIRMS portal submission, and coordination with the AD Bank — ensuring accurate,
timely, and penalty-free compliance.
What is FDI Filing with RBI?
FDI Filing refers to reporting foreign investments received by an Indian company to the RBI. These include:
- Equity Shares
- Compulsorily Convertible Preference Shares (CCPS)
- Compulsorily Convertible Debentures (CCDs)
- Warrants or partly-paid shares
All filings must be made through
Form FC-GPR on the FIRMS Portal within 30 days of share allotment.
Objective of FDI Reporting
- Ensure compliance with FEMA and FDI policy guidelines
- Maintain transparency in foreign capital inflow
- Enable monitoring by RBI and regulatory bodies
- Strengthen accountability in foreign investment transactions
Applicable Legal Framework
- Foreign Exchange Management Act (FEMA), 1999
- Foreign Exchange Management (Non-Debt Instruments) Rules, 2019
- FDI Policy by DPIIT
Routes of Foreign Investment
- Automatic Route: No prior approval required
- Government Route: Approval from concerned ministry required
Form FC-GPR – When and Why?
- Mandatory when a company issues shares to foreign investors
- Required for initial subscription and subsequent allotments
- Must be filed within 30 days of share allotment
Timelines to Remember
- Receipt of FDI: Within 30 days
- Share Allotment: Within 60 days
- FC-GPR Filing: Within 30 days of allotment
Documents Required for FC-GPR Filing
- KYC of foreign investor (from AD Bank)
- Valuation Report (CA/Merchant Banker)
- Board Resolution for allotment
- List of allottees
- CS Certificate confirming FEMA compliance
- Declaration on pricing guidelines
- FIPB Approval (if applicable)
- Foreign Inward Remittance Certificate (FIRC)
- Letter of Debit Authorization
Why FDI Compliance Matters
Regulatory Compliance
Prevents penal actions and ensures FEMA compliance.
Banking Approval
Necessary for smooth AD Bank processing & documentation.
Foreign Investment Clarity
Maintains transparency in capital inflow reporting.
Avoid Penalties
Late filing penalties can be significant under FEMA.
Legal Accuracy
Ensures documentation and filings meet RBI standards.
End-to-End Support
We handle the entire FC-GPR filing on FIRMS portal.
Penalties for Non-Compliance
- 1% of total investment (min ?5,000 – max ?5 lakh per month)
- After 6 months: 2% monthly penalty
- Regulatory scrutiny & restrictions on future FDI
Step-by-Step FDI Filing Process
- Step 1: Obtain AD Code from authorized bank
- Step 2: Register on FIRMS portal
- Step 3: Create Entity Master
- Step 4: Business User Registration
- Step 5: Prepare FC-GPR with all details
- Step 6: Digital signing and submission
- Step 7: AD Bank verification & RBI review
- Step 8: Final acknowledgment & compliance confirmation
Why Choose N D Savla for FDI Compliance?
- Expert FEMA & FDI advisory
- Accurate FC-GPR preparation and filing
- Coordination with AD Bank & RBI
- Penalty-free, timely compliance
- Support for automatic & government route investments
- End-to-end documentation support