Reporting equity flows to the RBI within the window, with the right documentation.
Every issuance of shares to a non-resident (Form FC-GPR) and every transfer of shares between a resident and a non-resident (Form FC-TRS) must be reported to the Reserve Bank of India through the FIRMS portal within thirty / sixty days of the relevant event. Late filings carry penalties, and material delays trigger compounding proceedings under FEMA neither outcome is welcome on the parents audit file.
We handle the entire reporting cycle KYC verification of the foreign investor through the AD bank, valuation certification, document collation, FIRMS submission, and follow-through to acknowledgement.
What Bizztricks Management Consulting Private Limited Offers
• Form FC-GPR filing for share issuance to non-residents primary issuance, rights issue, bonus, and ESOP exercise
• Form FC-TRS filing for share transfer between residents and non-residents
• KYC report coordination with the foreign investors banker and the Indian AD bank
• Valuation certificate procurement under FEMA pricing guidelines
• Inward remittance documentation FIRC tracking, KYC, FATCA, and end-use declaration
• Single Master Form (SMF) entity-level filing on the FIRMS portal
• Late submission compounding application support where filings are beyond the prescribed window