Fund set up advisory
We make sure the client gets what it is aspiring to, by providing advisory and assistance services in relation to the setting up of different types of FMEs, ruling out the respective differences as per the needs of the client.
Assistance in Global Compliance
Guidance with respect to other global compliance that needs to be taken care of while dealing with foreign clients/entities.
GIFT City, short for Gujarat International Finance Tec-City, is India’s first operational smart city and international financial services center. What makes it unique is its special economic zone (SEZ) status, offering tax incentives, regulatory relaxations, and world-class infrastructure to businesses and investors.
Businesses across various sectors, including banking, insurance, capital markets, and financial technology (fintech), can benefit from setting up operations in GIFT City. Additionally, investors looking for opportunities in India’s financial markets can leverage the advantages offered by GIFT City.
GIFT City accommodates a wide range of businesses, including banks, insurance companies, asset management firms, stock exchanges, fintech companies, IT and back-office service providers, and more. It provides a conducive ecosystem for both domestic and international players.
Businesses operating in GIFT City enjoy tax benefits such as income tax exemption, withholding tax exemptions on dividends and interest, and goods and services tax (GST) exemptions on certain transactions. These incentives contribute to a favorable tax environment for businesses.
Setting up a business in GIFT City involves several steps, including obtaining necessary approvals, registering with relevant authorities, and complying with regulatory requirements. Engaging with a consultancy firm experienced in GIFT City operations can streamline the process.
Businesses in GIFT City are regulated by various authorities, including the International Financial Services Centre Authority (IFSCA), Securities and Exchange Board of India (SEBI), Reserve Bank of India (RBI), and Insurance Regulatory and Development Authority of India (IRDAI), among others.
Yes, foreign companies can establish subsidiaries, branches, or liaison offices in GIFT City, subject to compliance with applicable regulations and approvals from regulatory authorities.
GIFT City offers a conducive environment for fintech companies, with opportunities to collaborate with financial institutions, develop innovative solutions, and access a large market of potential customers.
Yes, GIFT City is connected to global financial markets through its membership in international organizations such as the International Swaps and Derivatives Association (ISDA) and access to global exchanges and clearinghouses.
Businesses in GIFT City have access to a range of support services, including legal and regulatory advisory services, banking and financial services, IT infrastructure, office space, and accommodation facilities within the city. These services contribute to a conducive business environment.