https://www.ahlawatassociates.com/gift-city-india

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.