Through our experienced and qualified team, we can provide the following services:
- Preparation and Application to the Financial Commission/ Regulator of mentioned jurisdictions for obtaining a license as an AIFs, AIFLNPs, Private Funds, Hedge Funds, Master Funds and etc.
- Preparation of the constitutionals documents and Incorporation of the Investment Fund
- Administration Services/ principal office/ calculation of the net asset value (NAV) and the subscription/ redemption of shares
- Accounting Services
- Fund Administration
- Compliance Support Services
- Internal and External Auditor Services
- Secretarial Services
Licenses are granted Regulated by Securities & Commodities Authority in Abu Dhabi under Federal Law of 2000.
Below please find features of the particular license category in more details:
Feature/Category | Credit Rating Agencies (CAT4) |
Type of company required to be eligible | Mainland Dubai, DIFC, ADGM |
Minimum paid-up statutory capital | AED 5M |
Corporate Taxation | 9% |
Main requirements |
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Timeframe | As regards the timeframe for obtaining the license, a completed application is normally decided upon SCA approval within approximately 6 months from the date of the final filing. |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1) Opening of operational and clients bank accounts (worldwide).
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
4) Provide outsourced Compliance & AML Support services
5) Provide outsourced Risk Management services
6) Assistance with finding local premises
7) Assistance with Trademark & Brand Name registration
8) Provide in-house trainings/seminars
9) Provide Legal Opinions
10) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services depend on the combination of services chosen and are available upon request.
An applicant for the license must be an UK company, and once the company is in place, we will apply to the Financial Conduct Authority to provide regulated products and services.
Below please find features of this particular license category in more detail:
Feature/Category | Credit Rating Agency | |
Type of company required to be eligible | Ltd company | |
Corporate Taxation | 19% | |
Minimum paid-up statutory capital | 0 | |
Main requirements | 3 Directors, Physical office, Compliance Officer/AML Officer, Internal and External Audit, Accounting. | |
Government Fees | GBP 10,880 | |
Timeframe | As regards the time frame for obtaining the license, a complete application is normally decided upon by FCA within 6-7 months from the date of filing. |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1) Opening of operational and clients bank accounts (worldwide).
2) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
3) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Capital Adequacy calculation
4) Provide outsourced Compliance & AML Support services
5) Provide outsourced Risk Management services
6) Assistance with finding local premises
7) Assistance with Trademark & Brand Name registration
8) Provide in-house trainings/seminars
9) Provide Legal Opinions
10) Provide DPO & GDPR Advisory services
Our professional fees for the above-mentioned services are dependent on the combination of services chosen and are available upon request.
The Investment Funds in Cyprus are authorised and supervised by the Cyprus Securities and Exchange Commission (CySEC) and are governed by the Alternative Fund Law.
Below please find features of the particular fund categories in more details:
Feature/Category | Alternative Investment Fund (AIF) | Registered Alternative Investment Fund (RAIF) | Alternative Investment Fund with Limited Number of Investors (AIFLNP) |
Type of company required to be eligible |
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Corporate taxation | 12,5% | 12,5% | 12,5% |
Main requirements | • AIFs are to be managed by a licensed manager which will provide several mandatory services • Audited Financial Statements | • RAIFs are to be externally managed by a duly authorized Alternative Investment Fund Manager (AIFM) which will provide several mandatory services • Audited Financial Statements | • AIFLNPs are to be managed by a licensed fund manager which will provide several mandatory services • Compliance Officer, Internal Audit, Risk Management • Audited Financial Statements |
Minimum initial investment | 500,000 EUR | 500,000 EUR | Not required |
Target group | Any type of investors | Well-informed and/or Professional Investors | Well-informed and/or Professional Investors |
Number of investors | Unlimited | Unlimited | Maximum of 50 investors |
Timeframe | A completed application is normally decided upon CySEC approval within 3 months from the date of the final filing. | A completed application is normally decided upon CySEC approval for registration within 1 month from the date of the final filing after having verified and found that the external manager can manage the RAIF. | A completed application is normally decided upon CySEC approval within 3 months from the date of the final filing. |
Government fees | 2,000 EUR* | 400 EUR* | 1,300 EUR* |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1) Opening of operational and clients bank accounts (worldwide)
2) Assistance with recruitment of personnel
3) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
4) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Net Asset Value (NAV) Calculation
5) Provide outsourced Compliance & AML Support services
6) Provide outsourced Risk Management services
7) Assistance with finding local premises
8) Assistance with Trademark & Brand Name registration
9) Provide in-house trainings/seminars
10) Provide Legal Opinions
11) Provide DPO & GDPR Advisory services
The Mutual Funds in Seychelles are authorised and supervised by the Financial Services Authority Seychelles (“FSA”) under the provisions of the Mutual Fund and Hedge Fund Act 2008.
Below please find features of the particular fund categories in more details:
Feature/Category | Professional Funds | Private Funds | Public Funds |
Type of company required to be eligible |
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Corporate taxation | 1.5% | 1.5% | 1.5% |
Main requirements |
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Minimum initial investment | 100,000 USD | Not required | Not required |
Target group | Professional investors | Any type of investors | Any type of investors |
Number of investors | Unlimited | Maximum of 50 investors | Unlimited |
Timeframe | A complete license application is normally decided upon FSA approval within 3,5-5 months from the date of filing. | A complete license application is normally decided upon FSA approval within 3,5-5 months from the date of filing. | A complete license application is normally decided upon FSA approval within 3,5-5 months from the date of filing. |
Government fees | 1,000 USD | 750 USD | 1,500 USD |
GFSC GLOBAL can offer as well the following services in relation to the license application, which include:
1) Opening of operational and clients bank accounts (worldwide)
2) Assistance with recruitment of personnel
3) Assistance with recruitment of personnel (e.g. Executive Director(s), Independent Non-Executive Director(s), other required qualified personnel)
4) Provide outsourced services, such as Accounting, Bookkeeping, Internal Audit, External Audit, Net Asset Value (NAV) Calculation
5) Provide outsourced Compliance & AML Support services
6) Provide outsourced Risk Management services
7) Assistance with finding local premises
8) Assistance with Trademark & Brand Name registration
9) Provide in-house trainings/seminars
10) Provide Legal Opinions
11) Provide DPO & GDPR Advisory services
"*" indicates required fields