Cyprus a well regulated EU member state, combines tax efficient features of a modern financial centre with the necessary infrastructure for the fund’s industry. It offers the full spectrum of legislative framework to all fund products (UCITS and non UCITS) and provides fund managers to structure as Alternative Investment Fund Managers as presented in the relevant EU Directive or a MiFID compliant Investment Firm, both offering EU passporting ability.
It has an abundance of experienced lawyers, accountants, custodians, fund administrators and fund managers. Cyprus has a UK based legal system, independent judiciary, a friendly business environment and a high quality lifestyle.
Cyprus has a low cost base, efficient and investor friendly government authorities with minimal red tape.
All the above make Cyprus an attractive jurisdiction for the setting up of an Alternative Investment Fund.