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FC-GPR, FC-TRS, the annual FLA return, ECB reporting for parent loans and repatriation of funds, handled by one team so every foreign investment filing reaches the RBI on time.
150+ Subsidiaries Incorporated · 150+ Regular Clients · Since 2016
An Indian company with foreign shareholders or foreign loans must report each share issue, share transfer, loan and its year-end foreign assets and liabilities to the Reserve Bank of India under the Foreign Exchange Management Act, 1999 (FEMA). AU Corporate, a New Delhi firm of Chartered Accountants, Company Secretaries and lawyers serving foreign parents since 2016, prepares and files these reports at reasonable fees and tracks every deadline.
Written and reviewed by Abhishek Jaiin, Chartered Accountant (ICAI Membership No. 544646) · Last reviewed:
FEMA reporting is separate from company law and tax filings, and a missed RBI deadline attracts late submission fees that grow with the delay. Many subsidiaries find this out only when a bank or an auditor asks for proof of a filing made years earlier.
AU Corporate keeps a live record of every foreign investment in your subsidiary, prepares each report with the supporting certificates and files it through your authorised dealer bank. Your finance team abroad sees one clear calendar instead of a set of RBI forms. For how incoming equity is itself reported after incorporation, see our India subsidiary registration guide.
The RBI filings an Indian subsidiary of a foreign company is most likely to need, in the order they usually arise.
Reporting of every share issue to the foreign parent within 30 days of allotment, with the valuation and company secretary certificates the RBI asks for.
Reporting of share transfers between a resident and a non-resident within 60 days, with pricing checked against the RBI guidelines.
Loan registration for external commercial borrowings from the parent, and the monthly return that follows, so repayments and interest stay compliant.
Reporting for an Indian subsidiary that invests in another Indian company, and a check that the foreign investment rules are met.
Dividends, service fees, royalties and loan repayments to the parent, with the tax certificates and bank declarations needed before each remittance.
Checking whether your business and investor qualify for the automatic route and, where they do not, preparing and following up the government approval application before shares are issued.
Review of past filings, late submission fees for reporting delays and compounding applications to the RBI for contraventions, prepared and followed up by AU Corporate.
The annual return on foreign liabilities and assets, due every year by 15 July, built from your audited accounts and investment records.
Five items to begin. For an existing subsidiary we start with a review of what has already been filed.
Share allotment details, share certificates and the foreign inward remittance certificates for each investment.
Name, country, address and constitutional documents of each foreign shareholder or lender.
Any loan from the parent or a group company, with terms, drawdowns and repayments.
The latest financial statements, which the annual return is built from.
Your authorised dealer bank contact and the account used for foreign remittances.
We prepare each filing while the bank and the valuer complete their part, so nothing waits on anything else.
Check past filings, the share register and loans for gaps or late reports.
Draft the forms and gather the supporting certificates.
Arrange the valuation report and company secretary certificate where needed.
Submit through the authorised dealer bank and the RBI portal.
Keep a calendar and reminders for every future due date.
Reasonable fees, confirmed in writing before we start.
Not included: valuation fees paid to the independent valuer, bank charges, late submission fees and any compounding fees payable to the RBI, and the filing of tax returns, which are available as separate services from the same team.
What is due, and when, for an Indian subsidiary with foreign investment. We track every date for you.
| When | What | How AU Helps |
|---|---|---|
| Before shares are issued | Government approval, where the automatic route does not apply | Application prepared and followed up |
| Within 30 days of share allotment | FC-GPR report of shares issued to the foreign investor | Prepared with valuation and certificates, then filed |
| Within 60 days of a share transfer | FC-TRS report of the transfer | Pricing checked and report filed |
| Monthly, early in the following month | ECB return for any parent loan | Prepared from the loan and bank records |
| Before each remittance abroad | Tax certificates and bank declarations | Prepared for the bank and the accountant |
| By 15 July each year | Annual return on foreign liabilities and assets | Built from audited accounts and filed |
| Within 30 days of a downstream investment | Downstream investment report | Prepared and filed |
Deadlines depend on the type of transaction and can be changed by the RBI, so we confirm the dates that apply to your subsidiary.
FEMA reports must agree with your books, your tax filings and your company records. The same team handles all of them, so the numbers match everywhere.
Straight answers to the questions foreign finance teams ask most. Can't find yours? Ask us in the form below.
Written and reviewed by Abhishek Jaiin, Chartered Accountant (ICAI Membership No. 544646) · Last reviewed:
This is general guidance based on Indian law and practice as at the date above. It is not advice for your specific case, and rules can change.
Tell us where your parent company is, the investments and loans in your subsidiary, and what has been filed so far, and we'll reply with a clear quote.