International Financial Services Centres Authority
CIRCULAR
F. No. 172/IFSCA/Finance Company/Unit Regulations/2021-22/1
April 26, 2021
To,
All Finance Company / Finance Unit in the International Financial Services Centre (IFSC)
Dear Sir/Madam,
Sub: Fee structure for Finance Company/Unit
1. In exercise of the powers conferred by Section 12 of the International Financial Services Centres Authority Act, 2019, the fee structure for Finance Company/ Units is as follows:
a) Application fee: $1000 for new entities (one time)
b) Registration fee: $12,500 for new entities (one time)
c) Annual fee: $12,500 for all registered Finance Company/Finance Unit (second year onwards)
Account Details for Payment of Fees:
2.The fees shall be credited to the following account of IFSCA: Account Name: IFSCA FUND 2
Account Number: 39907189884
IFSC Code: SBIN0060228
SWIFT Code: SBININBB255
Bank and branch details:
3. State Bank of India, GIFT CITY, Gandhinagar Branch, Gandhinagar, Gujarat – 382355
Yours faithfully
(R. Kumar)
Head, Banking Division
rag.kumar@ifsca.gov.in
CAclubindia
Guest
Notification No : F. No. 172/IFSCA/Finance Company/Unit Regulations/2021-22/1Published in Miscellaneous
Source : https://ifsca.gov.in/Viewer/Index/166