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FFMC Licence Registration in India – Legal Setup India

Get Authorized to Deal in Foreign Exchange with FFMC License from RBI

If you wish to legally engage in currency exchange or foreign remittance activities in India, obtaining an FFMC (Full Fledged Money Changer) Licence from the Reserve Bank of India (RBI) is mandatory. Whether you're planning to start a forex business in Ahmedabad, Gujarat, or anywhere in India, Legal Setup India offers complete assistance for your FFMC registration – from documentation to RBI approval.

What is an FFMC Licence?

An FFMC Licence is issued by the Reserve Bank of India under Section 10 of the Foreign Exchange Management Act (FEMA), 1999. It authorizes entities to deal in foreign currency, sell prepaid forex cards, and engage in currency conversion services for tourists and businesses.

Who Needs an FFMC Licence?

✔️Money Exchange Businesses

✔️Tour & Travel Companies

✔️ Forex Card Providers

✔️ Overseas Remittance Service Providers

✔️ Travel Agencies engaged in currency conversion

***If you plan to buy or sell foreign currency legally in India, this licence is compulsory.

Types of FFMC Licences

  1. Single Branch Licence – To operate from one location

  2. Multiple Branch Licence – To operate from multiple branches in India

Benefits of FFMC Licence

✔️ Legally operate currency exchange & forex business

✔️ Boost credibility and trust with clients

✔️ Expand business with multiple branches

✔️ Comply with FEMA and RBI guidelines

✔️ Access to international tourism market

FFMC Licence Registration Process (RBI Approved)

​Our expert team at Legal Setup India will handle the complete registration process:
 

  1. Initial Consultation & Business Structuring
     

  2. Application Drafting & Documentation
     

  3. Submission of Application to RBI
     

  4. Due Diligence & Background Check by RBI
     

  5. RBI Licence Issuance

Eligibility Criteria for FFMC Licence

✔️Company must be registered under the Companies Act, 2013

✔️Minimum Net Owned Funds (NOF) of:

  • ₹25 Lakhs for Single Branch

  • ₹50 Lakhs for Multiple Branches


✔️Clean track record – no criminal cases or economic offenses

✔️Business should have proper infrastructure & trained staff

✔️Fit & Proper Management as per RBI guidelines

Documents Required for FFMC Licence

  • Company PAN Card
     

  • Certificate of Incorporation
     

  • MOA and AOA
     

  • Audited Financial Statements
     

  • Net Worth Certificate by CA
     

  • Board Resolution for applying FFMC Licence
     

  • KYC documents of Directors
     

  • Business Plan & Operating Model
     

  • Office Lease Agreement / Ownership Proof
     

  • RBI Prescribed Application Form (Annexure-II)

FFMC Licence Fees & Timeline

  • Professional Fee Starts at ₹75,000/-

  • Processing Time – 45 to 60 Days (subject to RBI scrutiny)

  • Govt. fees are applicable as per RBI norms

Why Choose Legal Setup India?

✔️ Experts in RBI & FEMA Compliance

✔️ Trusted FFMC Consultants in Ahmedabad & Gujarat

✔️ Pan India FFMC Licence Service

 

✔️ Transparent Pricing & Dedicated Support

✔️ End-to-End Filing – From Documentation to Approval

✔️ 100% Online & Paperless Process

FAQ

Answers

Frequently asked questions

Get Your FFMC Licence Registered Today with Legal Setup India!

Don’t miss the opportunity to legally tap into the booming forex and money exchange industry in India. Get expert support from Legal Setup India – your trusted FFMC license consultant in Ahmedabad, Gujarat & across India.

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