FC-GPR and FC-TRS are critical filings under FEMA for reporting foreign investment transactions. FC-GPR is required when shares are issued to non-residents, while FC-TRS applies to transfer of shares between residents and non-residents. Both filings must be completed within prescribed timelines through the RBI’s FIRMS portal.
Accurate and timely filing ensures compliance, avoids penalties, and maintains transparency in ownership structures. Understanding documentation requirements and valuation norms is essential for seamless reporting.
Foreign investment plays a crucial role in India’s economic growth. To regulate and streamline cross-border capital flows, the Government of India introduced the Foreign Exchange Management Act (FEMA). FEMA governs foreign exchange transactions and ensures that foreign investments in India…