IC Universal, Cyril Amarchand open tax free offices in GIFT SEZ under new rules (post JSA exit)
Law firms are getting interested in the gifts of the GIFT (photo via GIFT) IC Universal Legal last week opened an office in the Gujarat International Finance Tec-City (GIFT), with Cyril Amarchand Mangaldas, hot-on-its-heels, announcing today that it had also done so. The two law firms’ moves follow a new February 2021 regulatory regime in the GIFT special economic zone (SEZ) announced last month. J Sagar Associates (JSA) after having been first to open in the GIFT in 2017, had not renewed its licence during the pandemic. IC Universal wrote in a statement last week: “The firm has opened ...
Source: legallyindia.com