KSMG EXPERTISE

GIFT City Entry Advisory

Specialized Guidance for Establishing Your Unit in India's IFSC.

  • Strategic assessment of GIFT City opportunities and eligibility
  • Expert guidance on IFSC/SEZ regulatory framework
  • End-to-end application and approval support
  • Initial compliance and setup assistance

Leveraging India's International Financial Services Centre

GIFT City, India's IFSC, offers a unique regulatory environment and potential tax benefits designed to attract global financial and related services businesses. However, setting up and operating within this Special Economic Zone (SEZ) requires navigating specific regulations set by IFSCA, SEZ authorities, RBI, and SEBI, distinct from the domestic tariff area (DTA) rules. Understanding eligibility, permissible activities, and the application process is key.

Support for Your GIFT City Establishment

Eligibility & Structure Assessment

Guidance on activities permitted within the GIFT IFSC/SEZ framework. Advising on suitable legal entity structures for operating within GIFT City.

Application & Approval Support

Assistance in preparing applications for Development Commissioner (SEZ) approval. Support with relevant IFSCA registration applications based on proposed activity.

Setup & Initial Compliance

Coordination for company/LLP incorporation and initial tax registrations. Information on initial SEZ compliance and reporting requirements. Guidance on conditions related to applicable tax benefits (e.g., Section 80LA).

Banking Assistance

Assistance related to opening necessary bank accounts in GIFT City IFSC to facilitate your operations.

A Structured Path to GIFT City Operations

1

Feasibility & Structuring

Assessing eligibility; advising on optimal structure and regulatory path.

2

Application & Approvals

Preparing and coordinating applications with SEZ authorities and IFSCA.

3

Entity Setup

Handling incorporation, tax registrations, bank account coordination.

4

Initial Compliance Guidance

Outlining ongoing SEZ/IFSC compliance and reporting needs.

Navigating the IFSC Framework

Facilitates understanding of GIFT City's unique regulatory environment.

Supports efficient navigation of the SEZ and IFSCA approval processes.

Helps ensure compliant establishment of the IFSC unit from inception.

Provides clarity on applicable tax benefits and associated conditions.

Assists businesses in leveraging the GIFT City platform strategically.

Who Uses This Service?

Domestic or international firms in financial services, fintech, capital markets, insurance, IT/ITES, aircraft leasing, ship leasing, and other eligible sectors planning to set up operations in GIFT City IFSC/SEZ.