FC-TRS Filing
Your trusted partner for foreign investment compliance — ensuring accurate and timely FC-TRS reporting for transfer of shares between resident and non-resident under FEMA regulations.
Overview
Form FC-TRS (Foreign Currency – Transfer of Shares) is a mandatory filing required when shares of an Indian company are transferred from Resident to Non-Resident or from Non-Resident to Resident. This reporting is governed under the Foreign Exchange Management Act, 1999 and regulated by the Reserve Bank of India through the FIRMS portal.
FC-TRS filing ensures compliance with FEMA pricing guidelines, validates cross-border share transfer transactions, and keeps RBI informed about ownership changes. Delayed or incorrect filing may lead to FEMA penalties and compounding proceedings.
Key Benefits
FEMA Compliance
Ensures regulatory compliance for cross-border share transfer transactions under FEMA.
Avoid Penalties
Prevents penalties, compounding proceedings, and regulatory issues due to delayed filings.
Legal Validity
Provides legal recognition and validity to resident and non-resident share transfers.
Smooth Investor Transactions
Facilitates seamless foreign investment exits and ownership transfers.
Ownership Transparency
Maintains transparent ownership records with RBI and authorized dealer banks.
End-to-End Filing Support
Complete support from valuation and documentation to filing and approvals.
Eligibility Requirements
Ensure your business meets these basic criteria for a smooth registration process.
Expert Tip
Having all directors present in India is not mandatory, but at least one director must be a resident of India (stayed in India for 182+ days).
Documents Required
Keep these documents ready to fast-track your application.
Corporate Documents
- Certificate of Incorporation
- MOA & AOA
- Board Resolution
- Digital Signature Certificate (DSC)
Transaction Documents
- Share Transfer Agreement
- FIRC (if applicable)
- KYC of Investor
- Buyer & Seller Details
Valuation Documents
- Valuation Report
- Pricing Compliance Certificate
- CA Certification
Registration Process
Our seamless digital-first approach ensures completion in the fastest possible time.
Transaction Assessment
Reviewing the share transfer transaction and identifying FEMA compliance requirements.
Document Collection & Verification
Collecting transfer agreements, KYC documents, valuation reports, and verifying compliance readiness.
Preparation of FC-TRS Form
Drafting and preparing the FC-TRS filing along with required annexures.
Valuation & Pricing Check
Ensuring share transfer pricing complies with FEMA valuation guidelines.
Filing on FIRMS Portal
Submitting FC-TRS filing on the RBI FIRMS portal and generating ARN acknowledgment.
AD Bank Review & Approval
Coordinating with the Authorized Dealer Bank for review, approval, and closure.
Mandatory Compliance
Staying compliant is crucial for your company's good standing. Non-compliance may lead to penalties and director disqualification.
View All Compliance ServicesWhy Choose Bizmint?
We combine professional expertise with technology to provide the best-in-class incorporation experience.
FAQs
Common questions about FC-TRS Filing
Ensure Accurate FC-TRS Compliance
Stay compliant with FEMA regulations for cross-border share transfers. Let Bizmint handle your end-to-end FC-TRS filing and RBI compliance process.