FDI: Share Transfer (Resident to Non-Resident)
Transfer shares from resident to non-resident: FEMA pricing, sectoral cap check, report FC-TRS. FDI: Share Transfer (Resident to Non-Resident) takes 4 steps over about 95 days and is filed with the ROC on FC-TRS.
Last updated: 10 August 2026
What if it’s filed late?
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee. OnCompliance tracks the date and warns you before it costs anything.
What is the timeline for FDI: Share Transfer (Resident to Non-Resident)?
4 steps over about 95 days, filing FC-TRS with the ROC. Each deadline below runs from the step before it.
| # | Step | Form filed | Deadline |
|---|---|---|---|
| 1 | Check Sectoral Cap & Route | None | within 7 days |
| 2 | FEMA-Compliant Valuation | None | within 14 days |
| 3 | Execute Share Transfer | None | within 14 days |
| 4 | File FC-TRS with AD Bank | FC-TRS | within 60 days |
What are the steps, in order?
The 4 steps below run in order; the day counts show how long each one allows.
Check Sectoral Cap & Route
Verify transfer does not breach FDI sectoral cap. Check if government approval needed.
- Sectoral cap verified
- No breach of FDI limits
- Government approval checked
FEMA-Compliant Valuation
Obtain valuation per RBI norms for share transfer pricing.
Execute Share Transfer
Execute transfer deed and complete the transfer.
File FC-TRS with AD Bank
Report transfer via FC-TRS within 60 days through authorized dealer bank.
Every guide runs like this in OnCompliance: steps in order, dates in view, paperwork made for you at each step.
Common questions
How long does FDI: Share Transfer (Resident to Non-Resident) take?
About 95 days across 4 steps. The first step is: Check Sectoral Cap & Route.
Which MCA form is filed for FDI: Share Transfer (Resident to Non-Resident)?
FC-TRS.
What does it cost if FC-TRS is filed late?
MCA charges additional fees that rise with the delay, up to 12 times the normal filing fee.
Can OnCompliance run FDI: Share Transfer (Resident to Non-Resident) for me?
Yes. OnCompliance runs the same steps in order, dates in view, with the paperwork made for you at each step.