Flexibility – Transparency – Tax Incentives – Cost Efficient – Regulation A Cyprus Alternative Investment Fund (AIF) is cost-efficient and simple to set-up, manage and operate. It offers a modern regulatory framework that is in line with relevant EU directives and it is supervised by a competent and accessible regulatory authority. Setting up an AIF…
Common Fund – Limited Partnership – Investment Company Cyprus Investment Fund may be established with limited or unlimited duration and can take the following legal structures: (a) investment company in the legal form of a limited liability company with fixed capital (FCIC); (b) investment company in the legal form of a limited liability company with…
One protection does not fit all. Professional, Well – Informed or Retail? Based on the revised Markets in Financial Instruments Directive II and related implementing measures (together “MIFID II”), as incorporated in 144(I)/2007 Law which provides for the Provisions of Investment Services, the Exercise of Investment Activities, the Operation of Regulated Markets and other related…
The Alternative Investment Funds Law of 2018 provides for three types of investment funds in Cyprus. Alternative Investment Fund (AIF) An AIF is available to an unlimited number of investors, which can be promoted to any investor, encompassing retail investors. AIFs may be established as variable or fixed capital investment companies, common funds and limited…
Registered, Self-Regulated, Fast, Cost-effective. The new Alternative Investment Funds Law 2018 (“AIF Law 2018”), regulating AIFs in Cyprus, has introduced a new category of AIFs, the Registered AIFs (“RAIFs”). This has been a long-awaited development by the Cyprus Fund Industry, which significantly strengthens the country’s efforts of becoming a funds hub. A RAIF will be…
A new flexible regime to rival other onshore or offshore funds jurisdictions Cyprus is now combining its proven tax efficient regime with the required infrastructure for the fund management industry to create a new dynamic and competitive European hub for fund management and administration. With the enactment of the Alternative Investment Funds Law 124(I)/2018 (the…