Dhruva Advisors LLP was founded in 2015 by Dinesh Kanabar and is headquartered in Mumbai, Maharashtra, India, with offices in Bengaluru, Delhi, Pune, and Hyderabad. It includes detailed comparisons between SEZ, STPI, DTA, and GIFT City frameworks with real-world client case studies across banking, insurance, IT, and manufacturing sectors. Dhruva Advisors offers regulatory advisory services covering the complex Indian regulatory framework governing foreign investments, foreign exchange, and securities markets. The firm also offers GIFT City advisory services covering setup of operations in IFSC, obtaining regulatory registrations, and navigating the IFSCA framework including the IFSCA Global In-House Centres Regulations.
The firm is privately held and employs over 250 professionals, making it one of India's premier independent tax and regulatory consulting firms. Dhruva Advisors launched a report in 2025 titled Global Capability Centres: A Step-by-Step Guide for MNCs in India at a time when India is home to more than 1,700 GCCs employing close to 1.9 million professionals and generating 64.6 billion dollars in revenue. Dhruva specializes in transfer pricing advisory for GCCs, which typically operate under a cost-plus model with markups ranging from 8 to 20 percent. The firm serves clients across aerospace and defence, automotive, banking and financial services, technology, pharmaceuticals, life sciences, manufacturing, energy, and telecommunications sectors.
Dhruva Advisors has been recognized as India Tax Firm of the Year by International Tax Review and has advised on the most significant transactions in India. The guide covers every stage of the GCC lifecycle including entry strategy, investment structuring, legal formation, operating models, tax planning, transfer pricing, talent acquisition, risk management, repatriation, and exit strategies. The firm provides assistance in setting up businesses, obtaining approvals from regulatory authorities including RBI, SEBI, FIPB, DIPP, and SEZs. Dhruva advises on tax compliance, M&A tax structuring, cross-border transactions, private client services, and litigation support.
