The Gujarat International Finance Tec-City (GIFT City) IFSC has emerged as India's answer to Singapore and Dubai as offshore financial hubs. For trusteeship firms, the opportunities are substantial.
What is the IFSC?
The International Financial Services Centre at GIFT City is a special economic zone regulated by the IFSC Authority (IFSCA). It offers tax incentives, regulatory simplifications, and currency advantages for cross-border financial activities.
Trusteeship opportunities in IFSC
IFSC-registered entities can use trustee services for:
- IFSC AIFs (Category I, II, and III variants)
- Foreign currency debt issuances
- Cross-border escrow arrangements
- Trust structures for offshore investment vehicles
MITCON Credensia recently announced its GIFT City presence specifically to serve this growing market.
