FCTRS Filing Services
📌 What is FCTRS Filing?
FCTRS (Foreign Contribution, Transfer, Receipt & Submission) filing refers to the mandatory compliance for companies, NGOs, trusts, and societies receiving foreign contributions in India. This is governed under the Foreign Contribution (Regulation) Act, 2010 (FCRA, 2010) and associated rules and regulations.
Under Section 12 of the FCRA, 2010, all entities receiving foreign contributions must maintain proper accounts and submit annual returns to the Ministry of Home Affairs (MHA) in the prescribed format (Form FC-3, FC-4, and FC-5) along with audited statements. The filing ensures transparency in the utilization of foreign funds and adherence to regulatory provisions.
📌 Why FCTRS Filing is Important
- Legal Compliance – Compliance with Section 12, FCRA, 2010 and FCRA Rules, 2011 is mandatory to avoid penalties or cancellation of registration.
- Transparency in Fund Usage – Provides assurance to the government, donors, and stakeholders that foreign contributions are used for authorized purposes.
- Operational Legitimacy – Prevents interruptions in receipt or utilization of foreign funds.
- Audit Readiness – Maintains proper records for audit and inspection by the FCRA authorities.
- Avoid Penalties – Non-compliance can lead to fines, suspension, or revocation of FCRA registration.
📌 Common Scenarios Requiring FCTRS Filing
- NGOs, societies, or trusts receiving foreign donations or grants.
- Companies receiving funding or investment from foreign entities.
- Entities involved in cross-border activities or international projects.
- Updating annual accounts for MHA compliance under FCRA, 2010.
📌 Our FCTRS Filing Services Include
✅ Foreign Contribution Compliance Advisory
- Guidance on FCRA, 2010 and Rules, 2011
- Advisory on permissible foreign contributions, utilization, and reporting obligations.
✅ Preparation of Annual Returns & Statements
- Preparation of Form FC-3 (Annual return of foreign contribution received).
- Preparation of Form FC-4 (Statement of income and expenditure).
- Preparation of Form FC-5 (Utilization certificate for specific projects).
- Ensuring accuracy, reconciliation, and completeness of all entries.
✅ Audit & MCA Submission Support
- Assistance in auditing foreign contribution accounts as per FCRA norms.
- Filing of required forms with the Ministry of Home Affairs (MHA).
- Ensuring timely submission to avoid penalties or notices.
✅ Post-Filing Advisory & Compliance Support
- Guidance on maintenance of separate bank accounts for foreign contributions.
- Assistance with FCRA renewals, amendments, or clarifications.
- Support in responding to government queries or inspections.
📌 Why Partner With Us
- CA & CS-backed team ensuring full compliance with FCRA, 2010 and related rules.
- Expertise in foreign contribution accounting, fund utilization, and statutory filing.
- Professional management of annual returns, audit reports, and regulatory submissions.
- Transparent process ensuring timely submission and accurate record-keeping.
- Scalable solutions for NGOs, trusts, societies, and companies receiving foreign contributions.
📌 Our Commitment
We ensure that your FCTRS filings are completed efficiently, legally, and in compliance with the FCRA, 2010 and Rules, 2011. Our CA and CS-backed team manages the entire process—from preparation of forms FC-3, FC-4, FC-5, reconciliation of accounts, audit support, to submission with MHA and post-filing compliance advisory—allowing your organization to continue receiving and utilizing foreign contributions seamlessly.