Position your financial entity for success in the International Financial Services Centres Authority (IFSCA) with CoralMetrix.
The International Financial Services Centre (IFSC) in Gift City provides a various advantages for businesses and investors. This includes financial services like stock exchanges, trading members, corporate banking, ECB lending, general insurance, life insurance, portfolio management services, and risk management.
The IFSC likewise gives a scope of tax incentives and regulatory benefits including exclusions from securities and capital gains tax, making it an attractive place for investments.
Our IFSC Services
1. Entity Formation and Registration:
Navigate the regulatory landscape effortlessly with our services for entity formation and registration within the IFSC. CoralMetrix streamlines the process, ensuring a seamless entry into this esteemed financial ecosystem.
2. Regulatory Compliance Expertise:
Stay ahead of evolving regulations with CoralMetrix. Our experts are well- versed in IFSC regulatory requirements, ensuring your financial entity operates in full compliance with the dynamic standards of this global financial hub.
3. Advisory services and Strategies:
Advising on matters relating to advantages and disadvantages of IFSC. Individual business requirement of client in line with IFSC guidelines from regulators and SEZ Act 2005. CoralMetrix can guide you through the complexity, ensuring that your financial entity benefits from the most favorable tax structures available.
4. Risk Management Solutions:
Proactively identify and mitigate risks specific to the IFSC environment. CoralMetrix provides robust risk management solutions, safeguarding your financial entity against potential challenges and uncertainties.
Benefits of Opening a Entity in IFSC
- You can carry your Funds to India without changing over a similar in INR and missing out on money conversion (i.e keeping the USD amount intact as it is)
- The same is repatriable and can be transferred back to the US whenever you like
- You can earn a yield of up to 5.4% on Term Deposits
- No tax or filing obligations
GIFT City IFSC acts as an International bank - Regulated by RBI, SEBI, PFRDA and IRDAI
Special benefits, exemptions and deductions are allowed to the units located in an IFSC
- 100% tax exemption for 10 years out of a 15-year block period
- IFSC Unit has the flexibility to select any 10 years out of 15 years block
- Deduction under Section 80LA
- Reduced Rate of Alternate minimum tax and Minimum Alternate Tax
- Interest Income paid to non-residents on cash loaned to IFSC units in GIFT city is not taxable, and long term or rupee denominated bonds on IFSC trades are available at a lower rate of 4%.
- Transfer of securities listed on IFSC trades by non-residents are not treated as an exchange, and gains emerging from such exchanges are not taxable in India. and much Benefits and Exemptions.