The investment management sector is developing rapidly on the island as it has become one of the most appealing countries to start up and manage financial services. With the entrance of Cyprus in the EU in 2004, it has opened many business doors as well as the influence of the CIFs which have successfully set up and operate efficiently. The Cyprus Securities and Exchange Commission (CySEC) licensed nearly 200 CIFs to date.
This adds up to a continuous interest in setting up and operating CIFs in Cyprus as it offers an attractive tax regime. There are lots of reasons why the access of the European Securities Markets is becoming increasingly tempting. Other than providing liquidity and access to a diverse pool of investors, European listings provide companies with the appropriate status for further European and international expansion.
LLPO Law Firm can assist by incorporating the entity to be licensed, as well as the preparation of various documents, the submission of the application, following up the process and the promotion of your application with Cyprus Securities and Exchange Commission and the activation of the license by submission to the regulatory authorities.
For more information on this subject please contact Mr. Michalis Ioannides – Partner LLPO Law Firm Cyprus.