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FORM FC-GPR (To be filed with the Regional Office of the RBI under whose jurisdiction the registered office of the company making the declaration is situated) We (Name of the Company)-------------------------Declare
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FCGPR stands for Foreign Currency and Non-Resident External (NRE) Account Payment. It is a form that needs to be filed by Indian residents who receive foreign direct investments (FDIs) or foreign venture capital investments (FVCIs) in their company or from their securities transaction.
Indian residents who receive foreign direct investments (FDIs) or foreign venture capital investments (FVCIs) in their company or from their securities transaction are required to file FCGPR.
FCGPR can be filled out online through the Reserve Bank of India's e-Biz portal. The form requires information such as the entity details, type and mode of investment, foreign investor details, and remittance details.
The purpose of FCGPR is to track foreign direct investments (FDIs) and foreign venture capital investments (FVCIs) in Indian companies. It helps the Reserve Bank of India monitor and regulate the flow of foreign funds into the country.
FCGPR requires the reporting of entity details, type and mode of investment, foreign investor details, and remittance details. It may also require additional information depending on the specific transaction.
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