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The GIFT City Guide

Approvals and applications

The approvals an IFSC unit needs: IFSCA registration for its activity, SEZ unit approval, company or branch registration, and the routine tax and State registrations.

Where to begin

Use the Licence and registration register to find your activity, then follow the pathway pages.

Detailed guides

Guides in this section

Licence and registration register

Each activity regulated by IFSCA, with its governing instrument and the application it requires.

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SEZ unit approval: UAC, LoA and BLUT

IFSC units are SEZ units, so they need SEZ approval: a decision of the Unit Approval Committee, a Letter of Approval, and a bond-cum-legal undertaking. IFSCA acts as the SEZ administrator for the IFSC.

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IFSCA registration and the Common Application Form

IFSCA registration is applied for on SWIT using the Common Application Form plus the annexure for your activity. IFSCA aims to contact you within 7 working days and decide within 45 days.

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Official forms by activity

The official forms, by activity, as listed by IFSCA on its How to Apply page.

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IFSCA fees

IFSCA's fee structure was revised by circular of 2 March 2026, applying from financial year 2026-27; a further circular of 13 March 2026 superseded four earlier fee circulars from that date.

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Informal guidance from IFSCA

Under the IFSCA Informal Guidance Scheme, 2024, applicants and regulated entities can ask IFSCA how its rules apply to a proposed transaction or activity, on payment of the specified fee.

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After approval: lease filing, commencement and intimation

After approval: file the lease within 6 months of the Letter of Approval, execute the SEZ undertaking, obtain the certificate of registration, and intimate commencement of business.

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Primary sources

Authorities and further reading

The official instruments and pages this guide relies on. Check the current version on the issuer's site before acting.

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