What FEMA reporting is required for foreign investment in an Indian company?

When a foreign investor subscribes to shares in an Indian company, the company must file Form FC-GPR with the RBI within 30 days of share allotment through the Authorised Dealer Bank. Annual returns on foreign liabilities and assets (FLA return) must be filed with the RBI by 15 July each year. Any transfer of shares between a resident and non-resident requires Form FC-TRS filing within 60 days.

Corporate Laws Consultants in India | Savlana Init

Advisory · Corporate Laws

Corporate Laws Consultants — Compliant Companies. Protected Directors.

CA-led corporate laws consulting in India — Companies Act compliance, ROC filings, board secretarial services, FEMA reporting, statutory registers, and corporate governance advisory.

The Companies Act 2013 imposes a continuous stream of compliance obligations on every incorporated entity in India — board meetings, annual general meetings, statutory registers, event-based ROC filings, director KYC, secretarial audits, and FEMA reporting for companies with foreign investment. The penalties for non-compliance accumulate at ₹100 per day per form, with no cap, and persistent defaults can expose directors to prosecution. Corporate laws consulting ensures these obligations are met on time, every time.

Our corporate laws consulting practice covers the full spectrum of Companies Act and FEMA compliance — from managing the annual MCA filing calendar (MGT-7, AOC-4, DIR-3 KYC) to handling event-based filings for board changes, share allotments, charges, and restructuring actions. We provide board secretarial support — drafting notices, agenda, minutes, and resolutions — ensuring that every board and shareholder meeting is properly documented and compliant. For companies with foreign investment, we manage FC-GPR, FC-TRS, FLA return, and other FEMA reporting obligations.

We also provide ongoing corporate governance advisory — helping boards adopt proper governance practices, set up board committees, draft policies required under the Companies Act (CSR policy, vigil mechanism, risk management policy), and prepare for secretarial audits. Our goal is to ensure that your company's compliance record is clean, your directors are protected, and your statutory filings are never the reason an investor or lender is concerned during due diligence.

Our Corporate Laws Services

MCA Annual Compliance (MGT-7 & AOC-4)

Preparation and timely filing of the annual return and financial statements with the MCA within prescribed due dates for private and public companies.

Board Secretarial Services

Drafting of board and shareholder meeting notices, agenda, minutes, and resolutions — ensuring procedural compliance under the Companies Act.

Statutory Registers Maintenance

Maintenance of Register of Members, Register of Directors, Register of Charges, Register of Contracts, and all other statutory registers in prescribed format.

Event-Based ROC Filings

Filing of DIR-12 (director changes), INC-22 (registered office), SH-7 (capital increase), CHG-1 (charge creation), and all other event-triggered MCA forms.

Director KYC (DIR-3 KYC)

Annual DIR-3 KYC filing for all directors of the company to maintain active DIN status and avoid DIN deactivation penalties.

FEMA & RBI Compliance

FC-GPR filing on FDI receipt, FC-TRS on share transfer with non-residents, annual FLA return to RBI, and advisory on FEMA regulations for foreign investment.

Secretarial Audit (MR-3)

Secretarial audit for companies required to obtain MR-3 — identifying compliance gaps and preparing the company for audit without adverse observations.

Corporate Governance Advisory

Board committee setup, mandatory policy drafting (CSR, vigil mechanism, risk management), and governance framework advisory for growing companies.

Our Process

Compliance Audit

We review the company's current compliance status — pending filings, lapsed registers, missing resolutions — and identify all outstanding obligations.

Compliance Calendar Setup

A tailored annual compliance calendar is set up covering every MCA, FEMA, and secretarial obligation with due dates and responsible parties.

Secretarial Documentation

Board meeting notices, minutes, resolutions, and statutory registers are maintained on an ongoing basis in the correct prescribed format.

ROC & FEMA Filings

All annual and event-based MCA filings and FEMA reports are filed on time. We track due dates proactively and file well before deadlines.

Annual Review & Advisory

Annual review of governance practices, new regulatory requirements, and upcoming event-based obligations — keeping the company ahead of compliance.

Why It Matters

✓No late filing penalties — ₹100/day/form adds up fast without oversight

✓Directors protected from prosecution for compliance defaults

✓Clean MCA record — no red flags in investor or lender due diligence

✓FEMA filings managed — FC-GPR, FC-TRS, FLA all filed on time

✓Board minutes and resolutions properly drafted and maintained

✓Statutory registers maintained in prescribed format at all times

✓Secretarial audit prepared with no adverse observations

✓Corporate governance policies drafted to meet Companies Act requirements

Frequently Asked Questions

Corporate laws consultants advise businesses on compliance with the Companies Act 2013, FEMA, SEBI regulations, and other corporate legislation. Services include ROC filings, board secretarial support, drafting resolutions and minutes, statutory registers maintenance, MCA annual compliance, foreign investment reporting, and corporate restructuring advisory.

A Private Limited Company must file Form MGT-7 (annual return) within 60 days of the AGM and Form AOC-4 (financial statements) within 30 days of the AGM. The AGM must be held within 6 months of year end. The company must also hold a minimum of 4 board meetings per year, maintain statutory registers, and file DIR-3 KYC for all directors annually.

ROC compliance refers to all mandatory filings with the Ministry of Corporate Affairs under the Companies Act. Required filings include the annual return (MGT-7), financial statements (AOC-4), director KYC (DIR-3 KYC), changes in directors (DIR-12), change in registered office (INC-22), charges (CHG-1), and event-based filings for any significant corporate actions.

Secretarial compliance covers the procedural governance requirements of the Companies Act — board and shareholder meeting notices and minutes, maintenance of statutory registers, passing of resolutions, issue and transfer of shares, and timely ROC filings. All companies need secretarial compliance. Companies with paid-up capital of ₹10 crore or more must additionally obtain a Secretarial Audit Report in Form MR-3.

When a foreign investor subscribes to shares in an Indian company, the company must file Form FC-GPR with the RBI within 30 days of share allotment through the Authorised Dealer Bank. Annual FLA returns must be filed with the RBI by 15 July each year. Any transfer of shares between a resident and non-resident requires Form FC-TRS filing within 60 days.

Late filing of ROC forms attracts additional fees of ₹100 per day per form with no ceiling for most forms under the Companies Act. Significantly delayed filings can result in prosecution of directors. Under the Condonation of Delay scheme, past defaults can sometimes be regularised, but prevention through timely compliance is always preferable.

Need a corporate laws consultant?

We manage your complete MCA annual compliance, ROC filings, board secretarial documentation, FEMA reporting, and corporate governance — so your company stays clean and your directors stay protected.