M S G M
  • 307,Centre Point Andheri-Kurla Rd(E), Mumbai 400059
  • compliance@msgm.in

GIFT/IFSC

Gift City

What is GIFT City?

Gujarat International Finance Tec-City also popularly knows as GIFT City, is an integrated development on the outskirts of Ahmedabad, Gujarat, India, and is designed to be India’s first international financial services centre. GIFT CITY is the central pillar of the tri-city approach, located on the banks of the Sabarmati river between Ahmedabad and Gandhinagar. Ahmedabad boasts glorious history, Gandhinagar is the central hub of policy and decisions, and GIFT City is the main centre of the economy.

IFSC

  • Futuristic infrastructure

    Next-gen urban planning offering plug and play infrastructure.

  • Strategic Location

    20 mins away from Ahmedabad International Airport with planned metro and bullet train connectivity

  • Global IT and Finance Hub

    India’s first and only operational IFSC that gives ease of doing business and provides a conducive regulatory environment

Shape

Key Benefits

What We Bring To You

Tax Benefits

100% tax exemption

for 10 years within a 15-year window

Reduced MAT/AMT

of 9% on book profits

GST exemption

IT/ITes Subsidies

CAPEX support up to

INR 50 Cr

OPEX support up to

INR 20 Cr per year

Up to 100% reimbursement

of employer’s contribution of EPF

Others

World-class infrastructure
Strong regulatory framework
Walk to work concept
Proximity to international markets


Shape

Permissible Sectors

What We Bring To You

Banks can establish International Banking Units (IBUs) with an IFSCA license, offering an onshore solution for crossborder financial service transactions.
Bullion means precious metals, including gold, silver or any other precious metal and covers activities like trading in bullion spot delivery contracts and bullion depository receipts.
GICs include units providing support services to entities within its financial services groups such as banks, NBFCs, financial intermediaries among others.
Capital market intermediaries encompass broker-dealers, clearing members, depository participants, investment bankers, portfolio managers, investment advisers, custodians, credit rating agencies, debenture trustees, qualified jewelers and account aggregators.
Financial institution dealing in core activities such as lending, factoring, without accepting deposits from the public and not registered as a banking unit in IFSC
The framework covers FinTech and TechFins servicing clients in the BFSI space
This covers AIFs, Angel Funds, Family Investment Funds, REITs, INviTs and Mutual Funds operating in GIFT IFSC
Aircraft financing and leasing (operating / finance lease)
International branch campuses and offshore education centres in GIFT IFSC
Indian and foreign players in the insurance sector such as insurance, Managing General Agents, Lloyd’s, and intermediaries like brokers and loss assessors are covered in this segment.
Ship Leasing includes operating lease, hybrid of operating and financial lease of a ship or ocean vessel, engine or any other part of a ship or ocean vessel as a financial product
Service providers rendering legal, compliance and management consulting services, administration, assets management support services and trusteeship services

Are you looking to set up your office at GIFT City?

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Our Services

Setup Assistance

Assistance in making IFSCA applications, coordinating with regulators, entity incorporation –company, LLP, trust, branch

Accounting & Secretarial

Bookkeeping, tax & regulatory compliances, payroll support, maintaining secretarial records, IFSCA & SEZ compliance

Regulatory & Tax Advisory

Identifying legal form of entity, fund structuring, tax planning


Legal & Transaction

All kinds of contract support - vetting or drafting, legal transaction support


 

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Answer & Question

Are there special regulatory provisions for businesses in GIFT City\'s IFSC?

Yes, businesses in GIFT City’s IFSC are governed by a separate regulatory framework crafted by the IFSC Authority, ensuring a competitive and friendly business environment while maintaining international standards.

Entities in GIFT City’s IFSC benefit from a favorable regulatory environment, tax incentives, robust infrastructure, and easy access to a massive global market, making it a strategic location for financial service providers.