Introduction

India is a global hub for GCCs / Captive Centers. Governments actively support MNCs setting up GCCs with attractive incentive packages.

What is a GCC?

A GCC is an offshore center providing:

• IT services
• Finance & accounting
• Engineering & R&D
• Analytics & support services

Incentives Offered

✔ Employment-linked subsidy
✔ Office setup & rental support
✔ Training & skilling subsidy
✔ Fast-track approvals

Critical Compliance Areas

• Company structuring
• Transfer pricing
• FEMA & tax compliance