All about FC-GPR Filing and Compliance

Companies Next22 Aug, 2023Business

An entity that receives / accepts Foreign Direct Investment (?FDI?) as capital investment issues shares/convertible debentures/convertible preference shares to the investor. Such transaction needs to be reported with the Reserve Bank of India, and it should be done in FC-GPR Form available on the FIRMS Portal. The reporting of the instrument issued against such investment accepted/ received must be done within 30 days in accordance with the RBI's FDI compliance requirements.

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