New Event Announcement! 
IFSC Finance Unit Setup Services
Want to establish your Finance Company in the GIFT City? Our Finance Unit Setup Services provides services to meet your specific needs and facilitate a seamless process for setting up a unit in the GIFT City.
At GCC, we offer comprehensive company formation services, from initial consultation to registration and ongoing compliance. Our team ensures you benefit from the strategic advantages of operating within GIFT City.
If you are planning to establish your business unit in IFSC, you must acquire approval from regulatory authorities, which can be a headache if you do not know where to start.
For that, we can surely help you comply with all the requirements and provide services that can help you navigate the required processes smoothly.
Permissible Activities for Finance Company in GIFT-IFSC
Any Finance Company in GIFT-IFSC can offer various services to the customers. We can help you set up a finance company in GIFT City. Here’s a list of permissible services for a finance company having a unit in GIFT City for which we provide our services:
Permissible Core Activities
- Lend in the form of loans, commitments and guarantees, securitisation, and sale and purchase of portfolios
- Undertake investment activities as principal
- Equipment leasing
- Financial lease transactions for aircraft lease and ship lease
- Global/Regional Corporate Treasury Centres
- Buy or Sell derivatives
Concessional Policies
- Factoring and forfaiting in export finance of receivables
- Credit enhancement
Diversification
- Authorised person
- Merchant Banking
- Transactions permitted under the framework for aircraft and ship operating lease
- Asset Management support services
- Registrar and Share Transfer Agent
- Investment Advisory services
- Distribution of insurance products
- Trading, clearing or professional clearing member of IFSC exchanges and clearing corporations
- Portfolio Management services
- Trusteeship services
- Distribution of mutual fund units
Key Features of Finance Unit Setup Services
Our Finance Unit Setup Services have the following features:
Personalised consultation
Our Finance Unit Setup Services provide personalised consultations to clients that are tailored to their needs and requirements.
Regulatory compliance expertise
Our team consists of experts with in-depth knowledge of the regulatory framework within GIFT City. These experts have experience and expertise in regulatory compliance, which eases the regulatory compliance requirements for our clients.
Efficient setup process
Our GIFT City Consultants are skilled in providing Finance Unit Setup services, which help businesses start their units in GIFT City efficiently.
Ongoing support and guidance
Our consulting services include providing ongoing support and guidance to clients so they can achieve efficiencies in their business operations.
Benefits of Finance Unit Setup Services
Finance Unit Setup in GIFT City provides various benefits, and GIFT City Consultants would make it easier for you to get access to those benefits. Some of these benefits are mentioned below:
Access to global financial markets
With our Finance Unit setup services, finance companies can access the global financial markets from which they can gain global connectivity and have the opportunity to expand their company with potential collaborations and connections in the international financial market.
Competitive tax advantages
Establishing a finance unit in IFSCA provides various tax benefits to businesses. Our consultants help our clients navigate tax compliance within GIFT City to opt for tax benefits to enhance their profitability and competitiveness in the marketplace.
Strategic business growth opportunities
Setting up an IFSC finance unit in GIFT City offers substantial strategic advantages for businesses aiming to expand their global footprint and optimise financial operations. Our Finance Unit Setup Services assist businesses in establishing their units with a focus on strategies and opportunities for growth.
Regulatory compliance assurance
Any Finance Company that wants to open a finance unit in GIFT City needs to comply with all regulations to get benefits. We help finance companies understand the legal requirements and guide them to comply with all necessary regulatory requirements.
With our Finance Unit setup services, finance companies can access the global financial markets from which they can gain global connectivity and have the opportunity to expand their company with potential collaborations and connections in the international financial market.
Establishing a finance unit in IFSCA provides various tax benefits to businesses. Our consultants help our clients navigate tax compliance within GIFT City to opt for tax benefits to enhance their profitability and competitiveness in the marketplace.
Setting up an IFSC finance unit in GIFT City offers substantial strategic advantages for businesses aiming to expand their global footprint and optimise financial operations. Our Finance Unit Setup Services assist businesses in establishing their units with a focus on strategies and opportunities for growth.
Any Finance Company that wants to open a finance unit in GIFT City needs to comply with all regulations to get benefits. We help finance companies understand the legal requirements and guide them to comply with all necessary regulatory requirements.
Process of Finance Unit Setup Services
The process of opening a finance unit in GIFT City is as follows:
Identification of Office Space in GIFT City for PLOA
Our consultants help finance companies contact the relevant authorities within GIFT City to look at the availability of office space and help them submit the application for a provincial letter of allotment (PLOA) to the regulatory authorities in the SEZ/IFSC.
Application for Name Availability for the proposed IFSC Unit
We help IFSC finance companies with the name availability as well as with the application process for the name, which shall include the “IFSC” word as a part of the name. Subsequently, help them apply for incorporation of the proposed unit to the Ministry of Corporate Affairs of the Central Government.
Application to the office
of DC for SEZ approval
GIFT City Consultants help finance companies with the application to the office of the development commissioner (DC) of the SEZ within GIFT City. We assist in submitting all necessary documents and information as required for setting up the office within GIFT SEZ.
Application for GST Number
Our team help finance companies apply for goods and services tax (GST) numbers through the Central Board of Indirect Taxes and Customs (CBIC) portal.
Application to IFSC Authority for registration
in IFSC
Our consultants aid finance companies with the submission of the application to the IFSC Authority for registration of the business within the IFSC. For this take the entire registration process for our clients.
Additionally, the application to the Office of DC for SEZ approval and the application to the IFSC authority for registration in IFSC as a Finance Company may be done simultaneously.
Opening of Bank Account with IFSC Banking units
We help in selecting a bank that operates in IFSC and offers banking services. Further, helps with submitting an application for opening a bank account for transactions within the IFSC/SEZ.
Registration Requirements for GIFT-IFSC Finance Company
- The foremost requirement for finance companies is to obtain a certificate of registration from the IFSCA. We help businesses with the registration process to obtain a certificate of registration.
- The Finance Company cannot accept deposits and should not be registered with the IFSCA as a Banking Company/Unit.
- Finance company making an application and its promoters shall be from a FATF-compliant jurisdiction.
- If an investing entity in a finance company is carrying out a regulated financial activity in its home jurisdiction, it shall obtain a no-objection certificate from its home country regulator for setting up a finance company in the IFSC.
- The parent of the financial company/unit to maintain a minimum owned fund depending on the proposed activity to be undertaken or any higher amount as may be specified by IFSCA.
- The parent of the finance company shall provide the capital on an unimpaired basis at all times.
Ensure Compliance While Starting Your Business
With our Finance Companies Setup Services
Why to Choose GIFT City Consultants
Expertise in SEZ/IFSC company formation
GIFT City consultants have extensive knowledge and experience when it comes to providing consultancy services to businesses to understand the complexity of regulatory compliance and procedural requirements for establishing a SEZ/IFSC Finance Companies Setup. With our experience and expertise, we ensure a systematic and planned set-up process.
Time and Cost Efficient
As the IFSC Finance Companies Setup Process can be time-consuming and requires a huge amount, our GIFT City consultants for Finance Companies setup services can simplify the entire procedure, saving you valuable time and resources and ultimately reducing the overall costs.
Tailored solutions for unique needs
We have a team of consultants for the IFSC Finance Company setup that provides a tailored plan and solutions to specific needs and issues.
Proven Track Record
As an established consultancy provider, GIFT City Consultants has a demonstrated history of delivering successful results for clients establishing businesses within SEZ/IFSC. With our support, clients showcase their ability to overcome challenges and achieve desired results.
Team of experts
GIFT City Consultants has a team of dedicated professionals with expertise in SEZ/IFSC regulations and compliance. With such a team, we are committed to providing consultancy services and comprehensive support to our clients throughout their journey.
Have established network
GIFT City Consultants has built strong connections and networks within GIFT City. Hence, any finance company willing to set up in GIFT City can benefit from our established network to ensure market stability and profitability.
Ongoing support for long-term success
We provide comprehensive support by assisting you from the initial registration stage to ongoing compliance. Our team will always be there to help you with ongoing support to ensure the smooth functioning of your business operations in the long term.
Explore Frequently Asked Questions
Finance Unit Setup Services offers a range of services to finance companies that want to open a unit in GIFT City. These services include helping with compliance requirements, registrations, setup processes, ongoing support, and personalised services tailored to the needs of the client.
Any finance company that has essential requirements set by the regulatory framework within GIFT City can benefit from our finance company setup services.
Regulatory requirements for setting up a finance company in the GIFT City include registering with IFSCA, Following up the setup process, prudential regulatory requirements
