Eternity Law International — News — Asset management license in Portugal

Asset management license in Portugal

Published:
February 9, 2024

Since introduction of new legislative basis on May 28, 2023, existing assets and investments management firms are required to adapt their business-activities. Approved new legal basis established uniform standards for venture capitals, funds management for capital-holders and specialized investments. Below we’ll look at the current framework and regulative standards where government grants asset management license in Portugal.

Our firm specializes in launching and licensing commercial structures. We cooperate with jurisdictions worldwide. Our lawyers are ready to guarantee you fully-covering practical and consultative support regarding issues connected with getting asset management license. We possess Portugal asset management license for sale.

Overview of asset management license in Portugal: regulative framework and privileges

In continuation of above-mentioned, it should be mentioned that Governmental body, guided by law analysis in question, expressed its intention to introduce harmonized, consistent and uniform regulative mechanisms for organizations holding such permission. Such mechanisms were aimed at progressing efficiency of supervision and competitiveness, making appropriate schemes according to EU-legislation. It’s particularly essential given the increasing competition of market-operators in integration to internal EU market-space.

To meet norms of economical background and oversimplification of legislative basis, internal legislature seeks to unify and systematize general rules governing business-activities of collective management-structures. Legislative standards are aimed at creating a favorable business-environment stimulating investments, firm capitalization and industry consolidation. According to new provisions, holders of such permits possess rights to control funds from next-mentioned groups.

Our team is ready to grant you option of asset management licensed company for sale in Portugal. We’ll guide you through every phase of acquisition.

Collective investments

Collective organizations are establishments engaged in joint investments of funds raised from capital-holders according to predetermined strategies. OICs are defined as establishments raising funds from capital-holders for subsequent investmenting according to special policies, bearing in mind principles of risk diversification established. OICVM firms possess next-mentioned characteristics:

  • their goal is to jointly funds raised from securities or other sources according to Legislative Regime and its prescribed limitations;
  • shares in them may be redeemed at owners’ requests. Refusal of such queries might occur if cooperation interests traded on controlled and supervised market-platforms or their cost doesn’t differ essentially from net values.

As part of new regulations, holders of such permission might control and direct funds of such firms for next-mentioned goals:

  • to real estate;
  • venture capital;
  • loans;
  • securities or other funds, incl. those permitted ones.

New legislative regime reduces variety of categories of investments recognized in previous law-provisions, reducing to 3 key categories: estate, venture capital and loans. It should be noted that Legative Regime establishes next-mentioned: real estate is recognized for goals of investment-activities determined above, plus to interests and shares in OIA.

Our team is ready to guarantee you profitable options of asset management license in Portugal for sale. We possess plenty of current offers of asset management licenses for sale in the UAE and others. Our lawyers accompany you at every phase of the acquisition.

To get asset management license in Portugal: start of management activities

According to current legislative basis, initiation of operation of management firms based on getting permission from local Commission. New law-regime provides for 2 modes of access to business-activities, determined by the purpose and size of enterprise.

First of them is a simplified basis of access and implementation of business-activities for small firms. In accordance with Legislative Regime, such firms have 2 categories – large and small – based on total value of funds under supervision, above or below certain amounts.

To get asset management license in Portugal, enterprises need to meet several normative points and standards, incl. having officially-registered local offices, having competent persons with relevant expertise, and having technical, human and organizational resources. Interested entrepreneurs may buy Portugal licensed asset management company. Our lawyers help you with the transfer of business-project.

Professional expertise and consulting on the way to obtain asset management license in Portugal

Package of fully-covering service range from our professionals includes:

  • development of a business-plan;
  • provision of documentation for persons included in firms’ structure;
  • description of soft and internal mechanisms, AML/Compliance.

Our firm grants possibilities to conduct a personal consultancy to acknowledge yourself in detail with the full list of normative parameters. We’re ready to offer you ready-made asset management licenses for sale in Latvia, Denmark, Germany and others. We might offer a Portugal asset management licensed company for sale.

  1. We’ve extensive expertise and highly-approved qualifications in such services, providing clients with professional support and consultancy.
  2. Our firm bears in mind each client’s unique needs and goals, offering personalized solutions and striving to achieve maximum satisfaction.
  3. Systematized processes and highly-set standards of professionalism provide clients with efficient and high-quality service.
  4. We grant a fully-covering service range, from firm establishment and account creation to getting permits. It guarantees fully-attentive support at all phases of business-activities.
  5. Abilities to conduct personal consultations allows clients to explore the services offered in detail, get detailed answers to their questions and make informed decisions.
  6. Providing fully-covering services, incl. formation of business-plans, strategies and mandatory documentation, simplifies processes for clients, freeing them to actively progress their business-activities.
  7. Our firm guarantees compliance of services granted with existing legislative basis and regulations, ensuring legal transparency.
  8. Ready-made asset management license in Portugal for sale and countries worldwide.
  9. Our company’s professionals grant customers support at all stages of cooperation, promoting long-term partnerships and the successful progress of their business-project.

We grant fully-covering services, from opening and launching a firm to getting permits. Our experts with extensive expertise are ready to help you select the best options. If you’ve any questions, don’t hesitate to turn to us. Our experts are ready to give detailed answers and professional consultancy, simplifying the process of business-project launching worldwide, and option of asset management license for sale in Portugal.

You could be interested

What kind of firm should you register in Switzerland?

Switzerland: a golden opportunity for your firm  Switzerland is one of the world’s leading trade centers. Switzerland is undeniably a remarkable place for various reasons. With its stunning landscapes, excellent quality of life, and what is more vital, robust economy, Switzerland offers a unique blend of natural beauty and economic prosperity. Switzerland comes up with...

How To Setup a Company in DMCC Free-Zone

Dubai Multi Commodities Centre (DMCC), established in the heart of Dubai in 2002, is one of the most prestigious and rapidly growing free-zones globally. With over 15,000 registered enterprises from various industries, DMCC is a hub for global trade, attracting entrepreneurs and corporations aiming to tap into the Middle Eastern and global markets. The allure...

Asset management license in UK

Such licensing type is available to citizens of all countries of the world. Approval of the right to work with finances in the British jurisdiction is carried out by the FCA. This independent public body has significant authority among local and foreign residents. The UK is one of the most prestigious global jurisdictions, which results...

SEMI license in Cyprus

The Fintech industry in Cyprus has been developing quite rapidly over the past few years. The country has already formed a market for financial services, which is closely related to technology. This fintech sector is expected to show a rapid pace of development following the publication of the National Strategy for Distributed Ledger Technologies (DLT)....

EMI License in Singapore

In the dynamic monetary field of Singapore, achieving an Electronic Money Institution (EMI) permission is a pivotal step for enterprises aiming to operate in the digital payments sector. This comprehensive article explores the intricacies of acquiring an EMI permission in Singapore, including the adjustment substructure, application process, operational conditions, and strategic considerations for accordance and...

VASP Regulation in Guernsey

The financial world is going through a big transformation because of digital money. As these digital forms of value become more important, regulators all around the world are trying to find good ways to make sure they’re used safely, fairly, and honestly. Guernsey, a big player in finance, is taking the lead by creating clear...

Discover our services

The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.

Ready-made companies for sale

Companies with a bank account around the world

Banks for sale

Established Banks for sale

Ready-made licenses for sale

Forex, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Licensing

Forex licenses, cryptocurrencies, gambling, EMI, PSP, SVF, MSO, DLT

Offshore company registration

Expert advice on the acquisition of an offshore company

Open a bank account

Open bank accounts in more than 120 banks around the world
Fill the blank:

Zurich

Dreikonigstrasse, 31A, Stockerhof
+41 435 50 73 23

Kyiv

Baseina street, 7
+38 094 712 03 54

London

Grosvenor Gardens, 52
+44 203 868 34 37

Washington

1629 K St. Suite 300 N.W.
+1 (888) 647 05 40 Toll Free

Vilnius

Gediminas Avenue, 44A
+370 52 11 14 32

Tallinn

Kesklinna linnaosa, Tuukri 19
+372 880 41 85

Edinburgh

Lochrin Square, 1
+44 203 868 34 37

Nicosia

Jacovides Tower, 5 floor
+371 665 550 51

Riga

Esplanade, 7 floor
+371 665 550 51

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai
800938622 Toll Free

Singapore

Level 42, Suntec Tower Three, 8 Temasek Boulevard
+6531594300

Sydney

20 Martin Place
+61 2 888 00 365

Porto

2609 Avenida da Boavista
+351 800 500 206 Toll Free

Tbilisi

Revaz Tabukashvili Str., N 45, area N 7
+995706070360