Unleash Your Business Potential in India’s GIFT City

Gujarat International Finance Tec-City (GIFT City) is India’s first International Financial Services Centre (IFSC) aimed at establishing a globally competitive financial hub offering attractive tax incentives and growth opportunities.

Strategically located in the booming state of Gujarat, GIFT City is designed to provide world-class infrastructure, advanced technology, and regulatory support to foster a thriving financial ecosystem. It offers numerous opportunities for investment, business growth, and property ownership.

If you are interested in establishing a company in GIFT City and building your business in this finance and tech environment, Stratrich Consulting is the perfect partner for you! Our specialised knowledge in this domain helps you maximise the benefits GIFT City has to offer.

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Unlocking Advantages of GIFT City India

GIFT City offers incredible opportunities for businesses and investors with its business-friendly environment, supportive regulations and cutting-edge infrastructure. It is quickly becoming a hotspot for investments as a result of lucrative incentives and opportunities for business growth.

TAX BENEFITS
  • 100% tax exemption for 10 years.
  • Reduced MAT/AMT at 9% on book profits.
  • No Goods & Services Tax.
  • No Customs Duty, STT, Dividend Distribution Tax.
SUBSIDIES FOR BUSINESS
  • Gujarat IT / ITES Subsidy & Gujarat Global Capability Centres Subsidy.
  • CAPEX support @ 30% up to INR 50 Cr.
  • OPEX support @ 30% up to INR 20 Cr per year.
  • Up to 100% reimbursement of the employer’s contribution of EPF.
BENEFITS FOR INVESTORS
  • No PAN Required for the Investment, so no Indian Tax Law Compliance for Non-Resident Investor
  • Invest in Foreign Currency, Simplified Regulations & Lower Costs.
  • Global Market Access.
  • Easy access to international markets and financial products.
  • DTAA Benefits to Non-Residents.
  • Ease of Doing Business: Streamlined processes and a single-window clearance system.

Utilities and other features that a business set up in GIFT City can benefit from

  • Fast-growing Business District
  • India’s First Operational Smart City
  • Multi-Services Special Economic Zone (SEZ) with Focus on Export of Services
  • India’s First International Financial Services Centre (IFSC)
  • Government of Gujarat IT/ITeS Policy Incentives
  • Substantial Reduction in Operational Costs
  • Integrated Development (Commercial, Residential & Social)
  • Power back-up
  • Communication services
  • Solid waste management service
  • District cooling system
  • Mass rapid transit system
  • The city command and control centre

Key Business Sectors in GIFT City


Banking

Accounting & Bookkeeping

IT & AI

Fintech

Capital Market

Maritime Cluster

Insurance Engineering Back Office

Automobiles Back Office

Pharmaceuticals Back Office

Foreign University Biotech Back Office

GIFT City Strategic Location and Connectivity

GIFT City is the heart of the tri-city, situated on the banks of the Sabarmati River between Ahmedabad and Gandhinagar, each just a 30-minute drive away. Ahmedabad embodies a rich historical legacy, Gandhinagar is the pivotal centre for policy and decision-making, while GIFT City emerges as the economic powerhouse.

Alongside National Highway 48

GIFT City is strategically located along National Highway 48, offering seamless connectivity to major cities across India and enhancing accessibility for businesses.

15 Minutes from the Upcoming Bullet Train Terminus

With the upcoming bullet train terminus just 15 minutes away, GIFT City will benefit from enhanced high-speed rail connectivity, reducing travel time to key metros.

20 minutes from Ahmedabad International Airport

Located just 20 minutes from Ahmedabad International Airport, GIFT City provides easy access to global markets, supporting business travel and international trade.

Process of Business Set Up in GIFT City

  1. Step 1: Business Structure

    During the initial consultation, we understand the nature of your business to identify a suitable business structure.

  2. Step 2: Company Name

    We help you choose a unique business name that complies with the requirements of the Ministry of Corporate Affairs (MCA).

  3. Step 3: Office Space

    Identify a suitable office space as per the proposed business plan and structure.

  4. Step 4: Document Preparation

    We assist you in drafting company documents such as MoA, AoA, trust deed, etc. We also assist in registering the company for PAN, TAN, Income Tax, etc.

  5. Step 5: Form Submission

    We fill in the application form and submit the necessary forms along with the documents to the SEZ authorities.

  6. Step 6: Letter of Approval (LOA)

    If the Unit Approval Committee (UAC) deems the entity fit, the Development Commissioner will issue a Letter of Permission/Approval for your business.

  7. Step 7: Execution of Lease Deed

    The entity must sign a lease deed with the co-developer of the GIFT City within six months of getting the LOA and submitting it to the Development Commissioner.

  8. Step 8: Commencement of Operations

    After all approvals are received and necessary legal company documents have been obtained, the entities must inform the Office of Development Commissioner about the date of the first export of services through an application titled ‘Commencement of business operations.

Why Choose Stratrich for Business Setup in GIFT City

Stratrich Consulting offers full-fledged advisory for establishing a business entity in GIFT City.

  • Services related to getting approval from the DC office of SEZ
  • Services related to approval from IFSCA
  • Compliance services related to company law, foreign exchange law, income tax and other similar laws
  • Services for securing Gujarat State Government subsidies
  • Bookkeeping and Payroll services

Frequently Asked Questions (FAQs)

GIFT City, or Gujarat International Finance Tec-City, is a planned financial and IT hub in India. It offers world-class infrastructure, business-friendly regulations, and tax exemptions.

GIFT City primarily targets sectors like financial services, IT/ITeS, banking, insurance, global in-house centres (GICs), fintech, and back offices. It provides a thriving environment for global financial institutions, startups, and technology companies.

GIFT City offers world-class infrastructure, including modern office spaces, commercial hubs, residential areas, and social amenities like international schools and medical facilities. The city is equipped with advanced technologies like District Cooling, automated waste collection, and underground utilities, ensuring operational efficiency.

The Government of Gujarat offers various incentives under its IT/ITeS policy, including tax exemptions, subsidies on infrastructure, and relaxed regulatory norms for businesses operating in GIFT SEZ (Special Economic Zone). These incentives are designed to attract both domestic and international businesses to the region.

Companies must comply with regulations set by IFSCA, including maintaining specific net worth and financial ratios, submitting regular reports, and adhering to Special Economic Zone (SEZ) rules.

Yes, the main aim of GIFT City is to attract international businesses. It offers a global-friendly environment with regulatory support and incentives for foreign investments. Businesses from outside India can set up in GIFT City’s SEZ or Domestic Tariff Area (DTA), benefiting from flexible policies and tax exemptions.