India’s first International Financial Services Centre (“IFSC”) set up as Gujarat International Finance Tec-City (“GIFT City”) at Gandhinagar, Gujarat, India, is an outcome of the vision of the Government of India of becoming global financial & technology hub. With an intent to expediate & foster the growth of India as one of the most promising destination for domestic & foreign investments in GIFT City and advancing towards financial globalization, GIFT City stands as a beacon of opportunity for businesses and investors, offering a wide array of advantages. A globally competitive environment marked by advanced infrastructure and cutting-edge technology, GIFT City provides a solid foundation through robust regulatory frameworks.
Regulated by a unified regulator International Financial Services Centre Authority (“IFSCA”), GIFT City is a deemed foreign jurisdiction therefore complex domestic policies do not apply to the business houses setting up at GIFT City.
A project of national importance with an opportunity to drive reforms towards a thriving financial ecosystem which is critical to support the growth and expansion of businesses and economy, is still evolving and is in its formative era. The regulatory framework along with corporeality to setup in GIFT City is still a debut paving out the importance of hiring the right legal representative to guide and provide specialized legal advice.
In addition to the abovementioned plethora of benefits of setting-up in the GIFT City, non-residents and foreign companies shall not be required to furnish Permanent Account Number (PAN) issued by the Income Tax Department of India for opening bank accounts in IFSC Gift City and can instead file a declaration.
Our GIFT City entry consulting team is committed to assist you and your business to trap and capitalize on the best opportunities that will have a huge impact on the overall growth both operating and financial.
Our approach and one stop solution methodology, begins straight from reviewing the entrance strategy and a feasibility analysis to setup in GIFT City considering every pros & cons which are specific to your current business and future business plans. It covers everything in detail, from determining whether it is beneficial for you to setup in the GIFT City to the assistance in establishing an SEZ IFSC Unit in GIFT City along with drafting and guidance in submitting all the documents to the authorities for various approvals required. However, our services do not cease once you have an establishment in the GIFT City, we partner with you to carry out your legal & compliance requirement post setting up to ensure that ‘you just do the business, and we are here to take care of your legal, secretarial, governance, compliance needs.’
Throughout the lifecycle of the project, A&A adopts an approach that involves the highest levels of knowledge, expertise, experience, technical skill and service delivery allowing us to provide accurate, reliable, timely, and cost-effective advice.
Years of Experience
Deal Value Handled
A&A is among the top corporate law firms in India. At A&A, we believe that we are as good as our team, Our principle has guided us to ensure that we have the best corporate lawyers in India based at our main offices while the leading corporate lawyers in other parts of the world run our various practices across the nation, thus ensuring optimum management and service of even the most complex transactions. It is due to our standards of professional responsibility when dealing with our clients and various matters, which we stringently abide by that has enabled us to qualify as one of the reputed corporate law firms in India.
Whilst A&A commercial law services has been able to cater to legal needs pan India as well as globally, its main founding office and headquarters is in Delhi and it is due to this foothold. A&A corporate lawyer in India has played a vital role in providing advice to the government on various legal and policy-related issues and is amongst the few corporate law firms in India to have the experience and optimal understanding of interpretation and drafting of policy matters.
A&A adopts an approach that demands the highest levels of knowledge, technical skill and service delivery allowing us to provide accurate, reliable, timely, and cost-effective advice while maintaining international standards of excellence and create a bespoke approach for every client and their business. Our commercial law solicitors unique perspective of working on our client’s matters as a critical part of their team allows us to address their problems like our own. We believe that each client comes with different requirements and concerns – and we work tirelessly to achieve their goals and pursue their objectives.
We make sure that our fee structure and the legal costs involved are very transparent and predictable for our clients. We believe that client relationships are based on trust and a sense of common purpose and we never falter on our promise making us one of the best corporate law firms in India. Our priority has been to deliver the best legal & business solutions and our fee arrangements are tailored to the needs of the client, the client’s goals, and the nature of the matter.
Yes, it is wise to invest in GIFT City due to various advantages including but not limited to strategic location, both the SEZ and IFSC status, liberal policies, tax benefits, robust infrastructure, strong financial & technological ecosystem.
Yes, GIFT City is growing significantly. It has attracted various brands, businesses, MNCs, and startups leading to a rise in commercial & economic expansion opportunities.
The benefits of GIFT City strategic location, both the SEZ and IFSC status, liberal policies, tax benefits, robust infrastructure, strong financial & technological ecosystem, talent pool, government support along with various incentives, subsidies & exemptions.
Various tax benefits & concessions are provided to businesses operating within the SEZ, including but not limited to concessions in income tax, capital gains tax, dividend distribution tax, goods and service tax, and customs duty, etc.
GIFT City has two Zones:
IFSC stands for International Financial Services Centre (IFSC) IFSCs deal with the flow of finance, financial products, and services across borders. IFSC as envisaged under the Indian context “is a jurisdiction that provides financial services to nonresidents and residents (Institutions), in a foreign currency other than Indian Rupee (INR)”. IFSC in India is treated as “deemed foreign territory”.
Various services industries including Banks, Insurance companies, Capital markets stockbrokers, IT & ITeS companies, BPO, and KPO can be set up in the GIFT City Domestic Area.
Yes, GIFT City is India’s first IFSC.
GIFT IFSC is regulated by a unified regulator International Financial Services Centre Authority IFSCA.
Following sectors/ entities can set up in GIFT IFSC.
Delhi (Head Office)
Plot No. 66, LGF, #TheHub, Okhla Phase III, Okhla Industrial Estate, New Delhi 110020, India.