Our Firm Deepali A. Sadavarte and Associates is regularly engaged in Foreign Direct Investment Compliances which are required for Companies in India
According to the RBI notification following Indian entities, which have received Foreign Direct Investment (FDI Compliances), should get themselves registered with Entity Master Form.
The Reserve Bank of India (RBI) had presented two new forms (Single Master Form and Entity Master Form) with the point of improving reporting under the Foreign Exchange and Management Act, 1999 (FEMA).
In the case of a company, all kinds of corporations, regardless of whether public or private, listed or unlisted, Section 8 or for-profit, government or non-government, all are required to file the Entity master form if it has received foreign investment under Foreign Direct Investment (FDI Compliances) Rules mentioned by RBI
- Indian Company has to File Form FC-GPR within 30 days from the date of issue of shares including convertible securities. [ Now through SMF form]
- Filing of Form FC-TRS, FC-GPR in case of Foreign Investments received in India
- Inward Remittance- to be routed through banking channels
- Annual Return to be submitted by every Indian company which has received FDI in the previous years including the current year. The return is required to be filed by 15th July of every year