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.

  • 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.

  • may be marketed to retail investors
  • no limitation of investors
  • investment restrictions may  be applicable

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  1. With C&N, I feel that I have my own professional team at my disposal. For any matter I need professional advice, they are always there to help. They go beyond numbers to real business helping my organisation achieve its objectives and align strategies with results
    Charles V.
  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.
    Alexander T.
  3. Our business processes were outdated and created a lot of inefficiencies. C&N has re-engineered and redesigned our processes to be more efficient and effective. We now work with our full potential towards our goals.
    Chris C.
  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.
    Anatoly B.


C&N, Cyprus Auditors, Accountants and Fiduciary Services