FC-TRS Filing Services

Share Transfer Between Resident & Non-Resident? Get FC-TRS Filed Right

When shares are transferred between a resident and a non-resident, it’s not just a transaction. It’s a FEMA reporting requirement.

And this is where most issues happen.

Incorrect valuation, missing documents, or wrong filing on the RBI FIRMS portal can lead to delays, penalties, or rejection.

At N D Savla & Associates, we handle your FC-TRS filing from start to finish so the transaction is clean, compliant, and properly reported.

What is FC-TRS Filing?

Form FC-TRS (Foreign Currency – Transfer of Shares) is required when shares are transferred between:

• Resident → Non-Resident
• Non-Resident → Resident

This applies to private companies, startups, and other entities where foreign ownership is involved.

The filing is done through the RBI FIRMS portal and must follow FEMA pricing and reporting guidelines.

When is FC-TRS Required?

FC-TRS is applicable in cases such as:

• Sale of shares by an Indian resident to a foreign investor
• Transfer of shares from a foreign shareholder to an Indian resident
• Secondary transactions involving FDI
• Exit transactions or restructuring involving non-residents

If your transaction falls in any of these, FC-TRS filing is mandatory.

Our FC-TRS Filing Services

We don’t just file the form. We make sure the entire transaction stands compliance scrutiny.

1. Transaction Review & Structuring
We understand the nature of the transfer and check FEMA applicability.

2. Documentation Support
Preparation and verification of:

• Share transfer agreement
• FIRC (if applicable)
• KYC of foreign party
• Board resolutions
• Declaration forms

3. Valuation Compliance
Ensuring share transfer pricing aligns with FEMA guidelines.

4. FIRMS Portal Filing
Accurate submission of Form FC-TRS with correct details and attachments.

5. Handling RBI Queries
If the form is rejected or marked for clarification, we handle revisions and follow-ups.

Why N D Savla & Associates

• Strong understanding of FEMA and RBI reporting
• Experience across startups, private companies, and cross-border transactions
• Clear, practical guidance (no unnecessary jargon)
• Reduced chances of rejection or delays
• End-to-end support until closure

Our Approach

We keep things structured so nothing slips:

• Understand transaction and parties involved
• Review documents and compliance requirements
• Validate valuation and pricing norms
• File FC-TRS on FIRMS portal
• Resolve queries and complete reporting