The International Financial Services Centres Authority (IFSCA) on July 27, 2021 has issued fee structure for Depository Participants in GIFT-IFSC for the depository participants who’ve been permitted to operate in GIFT-IFSC under SEBI (International Financial Services Centres) Guidelines, 2015.
The fee structure for Depository Participants in GIFT-IFSC is as followed:
• Application fee of USD 500 at the time of application for registration;
• Registration fee of USD 2,500;
• Fee of USD 2,500 every five years post registration.
Rest Account Details in which the fees has to be submitted in present in the circular.
[F. No. 286/IFSCA/CMD-DMIIT/DP/2021/1]
