A management company in Cyprus is always the perfect solution for the European Union fund registration process.
This is facilitated by a huge number of reasons, among which it is worth highlighting a transparent registration process, an affordable taxation system in the country, an excellent legislative framework and law enforcement practice.
Therefore, for those who have not decided where the registration process of the management company should be carried out, it is worth reading this article.
A management company in Cyprus must comply with the following guidelines:
Among the key bodies of national importance that are involved in the regulatory process of such institutions and fund organizations, as well as their marketing, is the Cyprus Commission, whose activities are related to the management of stock exchanges and securities of a valuable nature.
Considering the base of laws of Cyprus, which is aimed at the regulatory process of managing institutions, you can make sure that it meets all the standards that are accepted at the European level.
This affects the fact that all companies located in the territory of this country have quite stringent requirements.
They are associated with the assessment of such an indicator as liquidity of assets, possible risks, as well as reporting, which must be systematically provided to investors and asset evaluators.
In addition, you should look at the fact that many services can be offered even by secondary parties involved in the provision of such services.
Considering the fund organizations of the UCITS category, their management can be carried out both by external companies and independently. When choosing the second option, its construction should be implemented on an investment-type company, in which variable capital is fixed.
This leads to the fact that the management process will occur due to the work of the so-called board of directors. In addition, certain requirements are set for self-managed funds:
In addition, such requirements must be observed:
If we conduct a comparative analysis with the example above, then when creating management organizations for funds of the AIF category, management companies as well as a way of self-government can be used for management.
When organizing a self-governing type fund, the construction of activity should be formed on the basis of an investment-type firm with both variable and fixed capital. Moreover, the management process should be carried out through the work of the board of directors.
In addition, the following requirements must be observed:
The management bodies should be located in Cyprus and a registered office should be located in this territory. It is also worth making sure that the managing organization has a license of the established type of CySEC type, which allows carrying out a similar type of work.
Another list of mandatory items should include the following:
In the event that you need to obtain data related to investment funds or asset management in Cyprus, our company specialists will help you in solving this issue.