Transfer of share against technology

495 views 1 replies

Hi all,


i have to transfer my 20 % shareholding in a indian company to a foreign company. The foreign company would pay my 20 % not in cash, rather by way of transferring me its technical informations (formulas, etc).


My query is whether i can simply transfer my shares to the foreign company with no real transfer of money or a "real" transfer of money to my account in india is needed?

Should i prepare and draft the Form FC-TRS to be lodged with the AD ?

Thanks to all.

Sandeep

Replies (1)

In my view, FC-TRS will not be filed. There is no allotment of shares to Foreign company. It is transfer of shares. However, plese check the FEMA guidelines. I am not aware if there are any restrictions on transfer of shares of indian company for non-cash consideration.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details