Townships, SEZz & Industrial Parks
Turnkey legal and regulatory services to clients in projects related to Townships, SEZz & Industrial Parks
A policy was introduced on 1st April 2000 for setting up of Special Economic Zones (SEZ) in India with a view to provide an internationally competitive and hassle-free environment for export. Units may be set up in SEZ for manufacture of goods and rendering of services. All the import/export operations of the SEZ units will be on self-certification basis. The units in the Zone have to be a net foreign exchange earner but they shall not be subjected to any pre-determined value addition or minimum export performance requirements. Sales in the Domestic Tariff Area by SEZ units shall be subjected to payment of full Custom Duty and Import Policy in force. Further Offshore banking units may be set up in the SEZs
Our team of lawyers and consultants have rich experience in dealing with infrastructure projects including setting up of SEZ or a unit in any SEZ in India. We keep close watch on development of SEZs in India, government policies & views on SEZs. We provide full range of services with regard to SEZ including but not limited to following:
- advisory services on investment strategy, FDI policy and legal issues in setting up SEZs
- preparing and making application to central / state ministry for approval in setting up SEZ
- assist clients in preparing project report for submission to ministry
- co-ordination with construction company, architects and business model strategy teams
- liaisoning with related departments
- advice and legal support on land acquisition matters for SEZ
- advice and legal support on Environmental issues related to SEZ
- tax issues
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