FC-TRS Filing for Share Transfers
Transfers of shares between residents and non-residents
- 1PriceFair value established for the right direction.
- 2TransferAgreement, SH-4 and payment completed.
- 3ReportFC-TRS filed within 60 days.
Share your details. We’ll reply on WhatsApp with the next steps and a checklist.
Pick a plan — the fee is adjusted if you hire us within 30 days.
About FC-TRS Filing for Share Transfers
A clear overview, in simple terms — what it is, why it matters, and how we handle it.
When shares of an Indian company move between a resident and a non-resident, the transfer must be priced under FEMA rules — a non-resident buyer pays at least fair value, a non-resident seller receives no more than fair value — and reported in Form FC-TRS on RBI's FIRMS portal within 60 days of the transfer or receipt of payment, whichever is earlier. The resident party usually files it.
The 60-day clock is easy to misjudge: if the share purchase agreement is executed on 10 January and the money arrives on 1 March, the deadline runs from 10 January. We map the dates in your agreement before signing so the filing is never late.
FEMA allows up to 25% of the price to be paid on a deferred basis within 18 months, through escrow or as an indemnity — useful in M&A deals — as long as the overall pricing still complies. Stamp duty of 0.015% applies on transfer of shares.
| Deadline | 60 days from transfer or payment, whichever is earlier |
|---|---|
| Who files | Resident transferor or transferee (or the non-resident holding on non-repatriation basis) |
| Pricing | Non-resident buys at ≥ fair value; sells at ≤ fair value |
| Deferred payment | Up to 25% of consideration within 18 months |
| Portal | RBI FIRMS, verified by the AD bank |
Who this is for
Common scenarios where this service is a good fit.
- Founders selling shares to a foreign investor
- Residents buying out a foreign shareholder
- NRIs transferring shares to resident relatives
- Acquirers in cross-border share deals
What you get
Clear deliverables so you know exactly what's included.
- Pricing and valuation coordination
- Agreement review for deferred-consideration terms
- FC-TRS filing and AD-bank follow-up
- Share register and SH-4 updates
Expert review before every submission — not just data entry.
Working notes and reconciliations you can rely on in future notices.
Resident Indians, NRIs, expats and cross-border businesses — all served.
Documents required
A practical checklist. We'll tell you if anything else is needed based on your case.
* This is a base checklist. After a quick pre-check, we may ask for additional items specific to your case.
Process
A simple, trackable workflow — designed to avoid back-and-forth.
Fair value established for the right direction.
Agreement, SH-4 and payment completed.
FC-TRS filed within 60 days.
Get a quote
We share a clear quote on WhatsApp after a quick checklist pre-check.
- Fixed quote on WhatsApp after a short look at your facts and documents.
- Government fees, if any, are paid at actuals and shown separately.
| Factor | DIY | Indus Tax |
|---|---|---|
| Expert review | ❌ | ✅ |
| Notice risk reduction | ❌ | ✅ |
| Deduction optimisation | ❌ | ✅ |
| Audit-ready records | ❌ | ✅ |
| AIS/26AS reconciliation | ❌ | ✅ |
Share your facts and deadline. We'll reply with the right checklist and a clear quote.
Fee adjusted against our service fee if you go ahead within 30 days.
- Priority CA Call-backSkip the queue — a CA calls you within 30 minutes.₹255
- RecommendedCA Consultation (30 min)Talk one matter through properly with a CA.₹755
- In-depth CA Review (60 min)Documents reviewed before the call, written action plan after.₹1,155
Call-backs run Mon–Sat, 9 AM–6 PM IST. Booked outside these hours? We call you first thing the next working morning.
Compare the 3 plansFrequently asked questions
Answers to the most common questions we get.
Official sources
- RBI — FIRMS portal (Single Master Form)
- RBI — Master Directions (Foreign Investment, Overseas Investment, LRS)
Indus Tax is a private professional services firm and is not affiliated with any government authority. Rules and fees change — we confirm current positions before filing.
