13 Feb 2025

India establishes first International Financial Services Centre at GIFT City in Gujarat

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There are many International Financial Services Centres (IFSC) around the world, from the older ones like New York, London and Tokyo, to the newer centres in Dubai, Malaysia and more recently, India. 

India’s first and only International Financial Services Centre (IFSC) is located at Gujarat International Finance Tec-City (GIFT City) in Gandhinagar, Gujarat.

It was established to position India as a global financial hub, providing an ecosystem comparable to other global IFSCs. 

CRS Consulting, MGI Worldwide member firm in Gujarat has prepared a paper regarding the benefits of setting up Alternative Investment Funds (AIFs) at IFSC in GIFT City, as it offers a globally competitive investment ecosystem. Read about the tax incentives, a pro-business regulatory framework, and access to global investors that is making GIFT City a key destination for fund managers and alternative investment funds looking to tap into the global markets, while remaining in India.

Click here to download the full document
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For more information visit the CRS Consulting profile page or website.


MGI Worldwide is a top 20 ranked global accounting network and association with over 8,800 professionals, accountants and tax experts in some 440 locations in almost 100 countries around the world.