Get Rcd 1

The Rcd 1 form is essential for Indian companies wishing to remit dividends to non-resident shareholders. This guide will provide you with step-by-step instructions to accurately complete the Rcd 1 online, ensuring that you meet all necessary requirements.

Follow the steps to complete the Rcd 1 form effectively.

1. Click the ‘Get Form’ button to access the Rcd 1 form and open it in your preferred online editor.
2. Enter the name and address of the company in the designated fields. Ensure that this information is accurate and up-to-date.
3. Provide details of the capital structure and non-resident interest, including issued and paid-up capital for equity and preference shares.
4. Specify the particulars of the dividend to be remitted, including the year for which the dividend is payable, rate of dividend, gross amount payable, tax deduction, and net amount to be remitted.
5. Complete Part B of the application by obtaining a certificate from the company's auditors that confirms all necessary requirements have been met.
6. Attach required documentation, such as certified copies of the company's audited balance sheet, board resolution, and details of non-resident shareholders. This may include Form RCD 2.
7. Review the entire application to ensure all information is complete and accurate before submitting it to an authorized dealer for further processing.
8. Upon approval from the authorized dealer, ensure that one copy of the application along with the necessary certificates is submitted to the Reserve Bank.

Start filling out your Rcd 1 form online today to ensure timely remittance of dividends.