Resource
Refer to the official IFSCA platform for detailed regulations. We simplify it for your ease.
GIFT City BATF Licensing Support Service
Securing your GIFT City BATF licensing is essential for firms looking to provide regulated bookkeeping, accounting, taxation, and financial crime compliance services. We offer specialized advisory to guide you through the IFSCA’s stringent requirements, ensuring your application is comprehensive and compliant.
Our support helps you establish a trusted and regulated presence in the IFSC.
Our expert IFSC BATF advisory is designed to help you navigate the complexities of the BATF Regulations, 2024. From meeting the “fit and proper” criteria to designing robust AML/CFT frameworks, we provide the end-to-end guidance needed for a successful GIFT City BATF licensing process.
Partner with us to launch your regulated financial services firm with confidence.
NOTE: IFSCA is under process of shifting Ancillary and BATF framework under other comprehensive framework.
What is BATF in IFSCA?
IFSCA’s BATF Regulations, 2024 enable specialised service providers to offer: Bookkeeping, Accounting, Taxation and Financial Crime Compliance (AML/CFT) Services for non-resident clients from within GIFT City’s IFSC under a unified, world-class regulatory framework.
Why Operate BATF in IFSC?
- Global Standards: Compliance aligned with FATF and international best practices.
- Foreign Currency Operations: Invoice and collect fees in USD, EUR, GBP, and other currencies.
- Repatriation-Friendly: Remit earnings and profits freely outside India.
- Regulatory Clarity: Single-window licensing under IFSCA with no overlapping regulators.
- Market Advantage: Serve global clients from a regulated, cost-efficient offshore hub.
BATF Services You Can Provide in GIFT IFSC
Offer regulated bookkeeping, accounting, tax advisory, and financial crime compliance services to global clients—right from GIFT City IFSC.
Bookkeeping &
Accounting
Complete ledger maintenance, financial reporting, and audit-ready statements—ensuring compliance with GIFT City IFSC standards.
Compliance & Taxation Services
Integrated compliance packages, cross-border tax advisory, FATCA/CRS filings, and transfer pricing solutions—covering all regulatory obligations.
Financial Crime
Compliance
AML/KYC checks, sanctions screening, and compliance framework setup—
supporting secure global financial operations.
How to Set Up BATF Services in GIFT IFSC?
IFSCA has a clear and efficient licensing model under its BATF Regulations, 2024.
Here’s a step-by-step guide:
- Must register as a company or LLP in GIFT City IFSC.
- No promoter from high-risk or FATF non-compliant jurisdictions.
- Company registration certificate (CoA/MoA or LLP deed).
- Details of Principal Officer and Compliance Officer credentials.
- Office space proof (60 sq ft per employee)
- AML/CFT compliance policy and operating process documents
Want to know how long your setup will take? Try the Licensing Timeline Tool.
Use our real-time Licensing Timeline calculator. We analyze your needs and provide a personalized estimate.
-> Try the Licensing Timeline Tool.
Launch BATF Services in India’s Financial Hub
Offer bookkeeping, tax, and compliance services with global currency access.
Free Tool to Unlock GIFT City Benefits
Try GiftCityAdvisor’s Free Investment Calculator and explore tax savings and growth opportunities in GIFT City.
Tax Savings Estimator
See real-time projections of your tax savings in GIFT City.
Licensing Timeline
View a crystal-clear licensing timeline to stay on schedule.
Regulatory Fit Checker
Discover if your company structure fits into IFSC norms.
Regulatory Highlights
BATF services must comply with key operational standards set by IFSCA:
Fit & Proper Criteria.
Screening for promoters and key personnel (no criminal or financial infractions).
Office Setup
Minimum physical space in IFSC; foreign-currency billing mandatory.
Reporting & Audit
Annual financial statements plus third-party compliance certification within 90 days of year-end.
Services We Offer as Your
GiftCityAdvisor
We specialize in guiding BATF service providers through the end-to-end GIFT City setup process:
| Service | Description |
|---|---|
| Eligibility Assessment | Determine whether your firm meets IFSCA requirements under BATF regulations. |
| Company Setup | Assistance with GIFT City company or LLP registration and documentation. |
| Licensing Application | End-to-end support with BATF license submissions to IFSCA. |
| Staffing Support | Validation and upskilling of Principal and Compliance Officers. |
| AML/Compliance Framework | Designing robust AML/KYC protocols aligned with FATF and IFSCA standards. |
| Post-Registration Support | Audit coordination, annual filings, and regulatory audits. |
Frequently Asked Questions
What is BATF licensing?
+
Banking, Allied and Technology-led Financial Services license for entities in IFSC.
Who needs BATF licensing?
+
Entities offering fintech, banking, or ancillary services in GIFT City.
What are the regulatory steps?
+
Application, eligibility check, IFSCA review, and approval.
Do you help with BATF application?
+
Yes, from documentation to approval.
What is the usual timeline?
+
4–6 weeks.
Talk to Our Advisors
Let’s make your GIFT City journey smooth and rewarding. Fill out a quick form, and our expert will call you back within 24 hours.