Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC

IFSCA vide circular dated May 17, 2023 has issued a Fee structure for the entities undertaking or intending to undertake permissible activities in IFSC. The fees payable to the Authority fall into the following categories:

1. Application fees and Licence/Registration/Recognition/Authorisation fees – payable during the process of application
2. Recurring fees – payable after grant of license, registration, recognition, or authorization
3. Activity based fees – payable based on the nature and volume of activity carried out by the FIs
   d. Processing fees – payable for handling specific requests such as modification of
   terms of license, waiver of regulations etc.