SEZ Unit Setup Services
SEZ stands for Special Economic Zone, a specific area within a country with a comparatively more liberal economic regime (rules) than the area outside the zone. SEZs are created to develop export-oriented industries, attract foreign direct investment, and expand the overall economic output. If you are looking for Special Economic Zone (SEZ) Unit Setup services, you have come to the right place. At GCC, we provide SEZ Unit Setup Services in Gift City.
Factors we consider while assisting in setting up an SEZ unit:
- We help you select an SEZ unit that aligns with the requirements such as location, infrastructure, target industry, and incentives.
- We assist developers in obtaining necessary approvals from the SEZ Development Commissioner with the project proposal.
- We guide businesses to duly register according to SEZ regulations as well as other existing legislations.
- We help with observing export goals and timely report submission.
Special Economic Zone (SEZ) Unit Setup Services:
If you are looking for an opportunity to set up your business unit in SEZ, you have come to the right place. At GCC, we specialize in assisting with the establishment of various types of companies within SEZ areas.
We provide comprehensive support for navigating the regulatory requirements and setting up operations in accordance with the specific needs of each business unit. If you are planning to establish an SEZ unit, we will help you with the incorporation process and set the stage for your success in the global financial landscape.
Key SEZ unit setups in GIFT City for which we provide services:
SEZ Banking Company Setup
We help banks which are considering setting up their firms in SEZ areas to offer banking services to SEZ units as well as developers. For banking companies, we also help them with the complete setup process such as getting approval from SEZ authorities, application submission, and taking care of post-setup compliance with the IFSCA regulations and other legal requirements.
SEZ AIF Setup
We help Alternate Investment Funds (AIFs) that want to establish units in SEZ. AIFs with such a set-up can get investments easily and then use these funds to invest in SEZ units. With our AIF setup services, you can start your business in SEZ smoothly as we handle the complete process for you and give support for documentation.
SEZ Bullion Company Setup
We provide support to bullion companies to set up SEZ units to help them facilitate the start of activities such as bullion trading, import and export, and refining companies. This is a particularly prudent idea for the SEZ unit setup. The exemption from customs for goods such as precious metals enables them to import, export, and trade them without any duty.
SEZ Aircraft Leasing Company Setup
With our assistance, chains of aircraft leasing firms can easily set up their units in the SEZ units to avail of the incentives. By setting up their business in GIFT City SEZ, they can directly import aircraft and utilise them as operators for airlines operating in and outside the SEZ units.
SEZ Global In-House Centre Setup
GICs, or Global In-house Centers represent the captive operations of multinational corporations. With our guidance, these entities can establish their units within SEZ to provide specialized services with guidance. They could perform activities such as IT, R&D, back-office operations and so on.
SEZ Insurance Company Setup
Setting up an insurance company in the SEZ is not easy. Let us help you set up the unit so you can set up their business in SEZs to trade lines for the SEZ companies. With our presence, you’ll not need to worry about going through the complex approval process and application resubmissions.
SEZ Ship Leasing Company Setup
With our help, companies can easily set up ship leasing to lease the vessels on a contract basis. By setting up unit, it will reduce their cost of acquiring ships as they will be allowed to import ships duty-free and lease them in their domestic market or globally. We act as reliable setup partners who have in-depth knowledge regarding the functioning of SEZ and GIFT.
SEZ FinTech Company Setup
Fintech companies that offer pioneering financial technology solutions, with our assistance can easily set up their business units in SEZs. By setting up, they can offer services that include digital payments, blockchain, AI/ML, etc. They must be in line with RBI, SEBI, and other regulators related to finance.
SEZ Ancillary Services Company Setup
As for companies providing support services to the units within the zone, they can also set up their business in the SEZ with our help. This set up comprises logistics, testing laboratories, Research and Development centres and approvals needed from the SEZ Development Commissioner. They should follow IFSCA regulations without exception.
Want to kickstart your business operations in GIFT City?
Reach out to us and start your journey today.
Benefits of SEZ Setup Services
For businesses that want an SEZ Unit Setup, we help them embark on their journey. What will you obtain from having us as your GIFT City consultants:
Ensure regulatory compliance
The structure of the SEZ unit setup requires approval by regulatory authorities. With our experts, businesses will be able to take care of the compliance environment, as well as fulfil every criteria needed to start the business. Due to this, there is exceptionally minimal risk of obtaining fines and delays due to non-compliance.
Reduce setup time and costs
Our SEZ unit setup professionals have unparalleled knowledge of the industry and have procedures which greatly increase their effectiveness at their work. With GCC, these bureaucratic procedures for applications, approval, and incorporation may be simplified by them, which reduces time consumption as well as the cost associated with it.
Expert guidance and support
Our service providers for SEZ unit setup are advanced and skilled in every aspect. They have strong connections with different industries and can provide technical expertise. They can provide guidance regarding choosing the right entity, their functions and selection of SEZ site. Experts provide business support services and compliance management in addition to continuous mentorship.
Collaboration with Units
We have established necessary relationships and connections within the SEZ ecosystem, such as the government agencies, financial institutions and other related players, which will ease up your SEZ Unit Setup. Our assistance in setting up an SEZ unit will help you collaborate with a respected SEZ setup service provider, enhance your company’s reputation and credibility and be trusted by international clients and investors.
Special Economic Zone (SEZ) Unit Setup Process
Identify the SEZ and Type of Unit
We will help you choose SEZ unit setup location that is based on factors such as infrastructure, incentives, and sector. Establish the type of business unit like manufacturing, services, trading etc
Obtain Approvals and Licenses
We assist businesses in submitting applications to the SEZ Development Commissioner for the Letter of Approval (LoA) and obtaining all the necessary licences and registrations based on the business's nature (e.g., DGFT, RBI, SEBI, etc.) to conclude the SEZ unit setup registration process.
Fulfil Infrastructure Requirements
We help you secure and own land/built-up space within the SEZ and conclude the lease/ownership formalities. We ensure that the unit features the required infrastructure, utilities, and other facilities of our clients.
Complete Legal and Financial Formalities
We assist businesses in registering the company in accordance with the relevant laws (Companies Act, LLP Act, etc.). open bank accounts and take other financial approvals like PAN, TAN, etc. Meet compliance with tax registrations (GST, customs, etc.).
Commence operations
We help businesses to get the required operational licenses and clearances. Submit reports and returns regularly to the SEZ Development Commissioner. Also, help them enforce SEZ unit setup rules and regulations on a regular basis and take advantage of incentives as per the policies.
Why to Choose GIFT City Consultants
Expertise in SEZ
Our team of experts at GIFT City will assist you in navigating of the most complicated regulations, policies, and practices applying to your project so that you can be confident in the optimum compliance.
Successful SEZ setups
Armed with renowned expertise and experience in implementing SEZ unit setup models in many countries globally, our expert consultants can provide you with much-needed useful insight for prolonged growth and profits.
Implementation and monitoring
We focus on implementing the project both meticulously and in a rigorous manner and this ensures successful completion. Also, the ongoing monitoring of the execution process guarantees an efficient and scalable running of your SEZ venture, so we maximize your returns and minimize the risks of your project.
Explore Frequently Asked Questions
It varies from business to business and depends on the nature of the business and regulatory requirements by the specific authority. However, one can obtain the license within 30 to 45 days from the date of application.
There are many benefits such as tax exemption, duty free imports, superior infrastructure, and ease to access markets.
There are certain types of businesses that are restricted and prohibited such as gambling, business engaged in illegal activities, business that pose threats to national security, business that pose a risk to public health and safety.