FDI Filing with RBI

Q: What is the timeline for reporting FDI to the RBI?

Foreign investment must be reported within 30 days of receipt of funds, and Form FCGPR must be filed within 30 days of allotment of shares.

Q: Which route determines whether FDI is allowed automatically?

Most sectors permit FDI under the automatic route without prior approval, subject to sectoral caps, while sensitive sectors require government approval.

Q: What documents are required for Form FCGPR filing?

Foreign inward remittance certificate, KYC report, valuation certificate, board resolution for allotment, and forms such as PAS-3 are typically required.

Q: Can a delayed FDI filing still be regularised?

Yes, through a compounding application to the RBI along with a compounding fee based on transaction amount and delay period.

Every Indian company that receives foreign direct investment is required to report the transaction to the Reserve Bank of India within the prescribed timeline. We assist companies in preparing and submitting FDI filings correctly the first time, so that investment is recognised as compliant and future fund-raising or repatriation is not held up by reporting gaps.

Entry Route Assessment

Checking whether the proposed investment falls under the automatic route or requires government approval, based on the sector and applicable FDI caps.

Form FCGPR Preparation

Drafting and filing Form FCGPR on the RBI's Firms portal after allotment of shares, along with the valuation report, KYC of the remitting bank, and board resolutions.

Sectoral Cap Compliance

Reviewing the investment against sector-specific FDI limits and conditions notified under the Foreign Exchange Management (Non-debt Instruments) Rules.

Downstream Investment Reporting

Assistance with reporting of downstream investments made by an Indian company that is itself owned or controlled by foreign investors.

What Does FDI Filing with RBI Involve?

When a foreign investor subscribes to shares or convertible instruments of an Indian company, the company must report the inflow and the subsequent allotment to the RBI through its authorised dealer bank. This is done primarily through Form FCGPR, filed on the RBI's Firms portal, and must be completed within 30 days of allotment. Delayed reporting can require a separate compounding application before the filing is accepted.

FDI reporting works alongside other FEMA filings such as the FLA Return and FC-TRS, and is often reviewed together with statutory audit and Companies Act compliance where foreign shareholding affects related-party disclosures.

Who Needs to File FDI Reports?

Indian private and public companies allotting shares or convertible instruments to non-resident investors
Startups raising foreign venture capital or angel investment
Companies issuing shares against pre-incorporation or preliminary expenses to foreign promoters
Indian companies that are themselves foreign-owned and making downstream investments in other Indian entities

Why Choose Us for FDI Filing?

We handle FDI reporting for companies across sectors, from valuation coordination to final submission on the Firms portal, and manage authorised dealer bank correspondence throughout. Our team also handles compounding applications where a filing has been delayed, minimising the fee exposure and turnaround time.

If you are searching for "FDI reporting to RBI" or "Form FCGPR filing consultants," we offer complete support from the point of fund receipt to final regulatory closure.

Frequently Asked Questions

What is the timeline for reporting FDI to the RBI?

Foreign investment must be reported within 30 days from the date of receipt of funds, and Form FCGPR must be filed within 30 days from the date of allotment of shares. Both stages are tracked separately by the authorised dealer bank.

Which route determines whether FDI is allowed automatically?

Most sectors permit FDI under the automatic route, meaning no prior government approval is needed before investment, subject to sectoral caps and conditions. Certain sensitive sectors such as defence, media, and multi-brand retail beyond specified limits require prior approval under the government route.

What documents are required for Form FCGPR filing?

Typical documents include the foreign inward remittance certificate, know-your-customer report from the remitter's bank, a valuation certificate from a registered valuer or chartered accountant, board resolution for allotment, and the company's statutory forms such as PAS-3.

Can a delayed FDI filing still be regularised?

Yes. A delayed filing can be regularised by submitting a compounding application to the RBI along with the applicable compounding fee, which is calculated based on the transaction amount and the length of the delay.

Report Your Foreign Investment Correctly

End-to-end support for FDI reporting, Form FCGPR filing, and downstream investment compliance.

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