Date February 4, 2016
Mandatory filing of Foreign Direct Investment (FDI) related forms online

In order to promote the ease of reporting of FDI transactions, the Reserve Bank of India (“RBI”) has issued a circular making it mandatory for online filing of the following forms on the e-Biz Portal :

(i) Advance Remittance Form (“ARF”) which is used by companies to report FDI inflows to the RBI;

(ii) Form FC-GPR which a company submits to the RBI for reporting the issue of eligible instruments   to an  overseas investor against the above mentioned FDI inflow; and

(iii) Form FC-TRS which is submitted to the RBI for transfer of securities between a person resident in India and a person resident outside India.

In view of the above, physical filing of forms ARF, FC-GPR and FC-TRS will be discontinued and forms submitted in online mode only through e-Biz Portal will be accepted w.e.f. 8 February 2016.

The circular can be accessed on the website of RBI, at the following link: