Audit of Foreign Companies in India: Statutory Audit, Schedule III, Ind AS / IFRS, and Compliance Guide India has become a preferred destination for foreign companies, multinational corporations, and global universities establishing branch offices, liaison offices, and project offices. While setting up business presence in India offers significant opportunities, it…

AML Audit in GIFT IFSC: From Regulatory Mandate to Board Assurance GIFT IFSC has redefined India’s position in the global financial ecosystem. With international capital flows, cross-border clients, and complex ownership structures, the regulatory environment within IFSC operates on a fundamentally different plane compared to domestic financial centres. In this…

Accounting & Financial Reporting for IFSC Companies in GIFT City Why Accounting in IFSC Requires a Different Mindset The International Financial Services Centre (IFSC) at GIFT City is designed as India’s offshore financial jurisdiction. Companies operating here do not follow the same accounting and reporting practices as conventional domestic businesses.…

Preparing for the Annual Compliance Audit under IFSCA CMI Regulations, 2025 Understanding the Annual Compliance Audit under IFSCA The International Financial Services Centres Authority (IFSCA) introduced the IFSCA (Capital Market Intermediaries) Regulations, 2025 to strengthen the regulatory framework governing Capital Market Intermediaries (CMIs) operating in GIFT IFSC. Under these Regulations,…

Step-by-Step Guide to Audit of IFSC Company under Indian Regulations The audit of IFSC entity is a critical compliance requirement under both the International Financial Services Centres Authority (IFSCA) framework and the Companies Act, 2013. With GIFT City Gandhinagar emerging as India’s global financial hub, the role of statutory and…