GIFT CITY Set Up
Setting up in GIFT City (Gujarat International Finance Tec-City) provides Indian enterprises with a strategic edge through world-class infrastructure, significant tax incentives, and regulatory assistance for financial services, information technology, and associated industries. It is located in Gujarat and functions as an International Financial Services Centre (IFSC) under special economic zone legislation. Companies benefit from exclusions such as no dividend distribution tax, liberal foreign investment rules, and cheap GST rates, making it excellent for global trade, offshore banking, and financial technology businesses.
1. Entity Set-up
Entity setup services in GIFT City (Gujarat International Finance Tec-City) assist businesses in establishing operations within India’s financial hub. These services include advising on suitable entity structures, obtaining regulatory approvals, and meeting compliance requirements under the SEZ Act and IFSC guidelines. Key processes include company incorporation, obtaining licenses, tax registrations, and setting up bank accounts. With tax incentives, streamlined procedures, and world-class infrastructure, GIFT City offers a competitive environment for financial, IT, and fintech businesses seeking global expansion.
2. Regulatory Compliances
Regulatory compliances in GIFT City involve adhering to the unique guidelines set by the International Financial Services Centres Authority (IFSCA) and SEZ regulations. Businesses must obtain licenses, file statutory returns, and comply with tax incentives, such as reduced corporate tax rates and exemptions. Regulations for banking, insurance, capital markets, and fintech entities demand adherence to international standards.
3. Tax and Transfer Pricing
Taxation and Transfer Pricing in GIFT City offer significant incentives and compliance requirements. Entities enjoy benefits like reduced corporate tax rates, zero GST on specified services, and exemptions from dividend distribution tax. Transfer Pricing regulations apply to ensure transactions with related parties adhere to the arm’s length principle. Proper documentation and adherence to IFSCA and Income Tax Act norms are essential. GIFT City’s tax- friendly regime promotes cross-border operations while maintaining global standards for transparency and compliance in international taxation.
4. Transaction Advisory
Transaction advisory services in GIFT City provide expert guidance on mergers, acquisitions, joint ventures, and restructuring in the financial services and technology sectors. Advisors assist with regulatory approvals, due diligence, tax optimization, and risk management in cross-border transactions. Services also cover valuations, contract negotiations, and structuring deals in compliance with IFSCA and SEZ regulations.