When the Indian company allots shares to the foreign parent, it reports the investment to RBI (Form FC-GPR) within 30 days of allotment.
Key points
- Tell your finance team the day funds arrive and the day shares are allotted.
- An annual return on foreign liabilities and assets (FLA) is also due each year.
- Late reporting can require compounding, which is slower and costlier than filing on time.
General information, not tax or legal advice. Rules change; confirm the position for your entity before acting.