C&N, Cyprus Auditors, Accountants and Fiduciary Services

Altnerative Investment Funds (AIF)
Cyprus is moving fast towards a new business centre direction, to become one of the most reputable investment  fund centres in Europe. 
With a state-of-the-art infrastructure and professional capital and a regulated environment which promotes integrity and transparency,
it is the new business centre to register, manage and administer mutual and alternative invesmtent funds.

Regulatory and Compliance Services  

o  AIF set up and application submission to the regulatory authorities

o  Liaising with Cyprus regulatory authorities during the application process and thereafter

o  Drafting of memorandum and offering documents

o  Assistance in corporate governance framework

o  External and internal audit services

o  Risk management and compliance services

o  Accounting and audit of AIFs

o  Corporate tax and VAT matters


There are two basic Alternative Investment Fund structures in Cyprus, one without any limitation in the number of investors and the second with a limitation of investors to a maximum of 5.  AIFs may be registered as investment companies with variable or fixed capital, a limited partnership or a common fund in case of unlimited number of investors.

AIF WITH LIMITED NUMBER OF INVESTORS
  • may be marketed only to well-informed and/or professional investors (WIPIs) 
  • cannot exceed 75 investors / unit holders
  • can be self managed
  • can set up as an umbrella with multiple independent compartments
  • no investment restrictions
  • If total assets of the fund are less than €5mln or the fund has up to 5 investors, then the requirement to appoint a custodian may be waived.

AIF WITH NO LIMIT ON THE NUMBER OF INVESTORS
  • may be marketed to retail investors
  • no limitation of investors
  • investment restrictions may  be applicable

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  2. We needed to establish a complicated tax structure involving several jurisdictions around the world. C&N has a network which was utilised for our own benefit and we now work efficiently from several locations around the world.
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  4. C&N has helped us establish companies in Cyprus, Dubai and Hong Kong. They are offering full support in each location, making our business run smoothly and seemlessly.
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Testimonials

C&N, Cyprus Auditors, Accountants and Fiduciary Services