Form 15CA & 15CB Filing (Foreign Remittance)
Chartered Accountant certification required by banks to process foreign outward remittances. Ensure compliance with FEMA and Income Tax TDS rules.
Overview
Whenever an Indian resident or business makes a payment to a Non-Resident (foreign entity) outside India, the Income Tax Department wants to ensure that applicable Tax Deducted at Source (TDS) has been paid. To monitor this, the RBI and IT Department mandate the filing of Form 15CA (a declaration by the remitter) and Form 15CB (a certificate issued by a Chartered Accountant). The CA examines the invoice, the Double Taxation Avoidance Agreement (DTAA) with the foreign country, and certifies the exact rate of TDS to be deducted before the bank processes the wire transfer.
What is Included in Our Package
Detailed compliance and filing scope managed by JRC corporate experts.
Documents Required to Start
Upload digital files during onboarding. No physical submissions needed.
Remitter (Indian Entity) Proofs
- PAN Card and TAN (if TDS is deducted)
- Digital Signature (DSC) to upload the forms
- Details of the bank account from which remittance will be made
Payee (Foreign Vendor) Proofs
- Copy of the Commercial Invoice or Contract
- Tax Residency Certificate (TRC) of the foreign vendor (Crucial for DTAA benefits)
- Form 10F filled by the foreign vendor
- No Permanent Establishment (PE) declaration
Step-by-Step Filing Timeline
Our step-by-step advisory workflow.
Step 1: Invoice & DTAA Analysis
Our CA reviews the invoice (e.g., software subscription, royalty, professional fee) and checks the tax treaty with the vendor's country.
Step 2: Uploading Form 15CB
The CA drafts the technical certificate, defining the nature of payment and TDS rate, and uploads it via their professional CA portal.
Step 3: Filing Form 15CA
Using the 15CB acknowledgement, we log into your corporate IT portal and file the corresponding part of Form 15CA.
Step 4: Bank Submission
We provide you with the digitally signed 15CA acknowledgement and 15CB certificate to submit to your bank along with Form A2.
Key Advantages of Expert 15CA/CB Filing
Ensures your foreign payments are not blocked by the bank or penalized by the IT department.
Seamless Bank Transfers
Banks (Authorized Dealers) will absolutely refuse to execute outward SWIFT transfers for services/royalties without the 15CA/CB acknowledgement.
DTAA Tax Savings
Our CAs analyze international tax treaties (DTAA). If a treaty offers a lower TDS rate (or zero tax) compared to the Indian IT Act, we apply the lower rate, saving you money.
FEMA Protection
Ensures the remittance purpose code matches RBI/FEMA guidelines, preventing scrutiny by the Enforcement Directorate.
Frequently Asked Questions
Helpful answers to common regulatory inquiries.
Is Form 15CB mandatory for all foreign payments?▼
No. Form 15CB (CA Certificate) is not required if the remittance is for imports of physical goods (covered by Bill of Entry), or if the total remittances during the financial year do not exceed Rs. 5 Lakhs (only Part A of 15CA is required).
What is a Tax Residency Certificate (TRC)?▼
A TRC is a document issued by the foreign government proving the vendor pays taxes in that country. Without a TRC, the Indian entity cannot apply the lower DTAA tax rate and must deduct a flat high TDS (often 20% or 40%).
Professional Legal Desk
Corporate filings managed directly by certified Chartered Accountants & Company Secretaries.
Need Fast Track Assistance?
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