However, if these limits are exceeded the fund can be upgraded to the appropriate type of fund as needed. But Registered funds are limited in terms of how many investors may participate and the total amount of capital/assets that can be managed. ![]() As such, Registered funds are much faster and easier to establish and operate under a greatly simplified regulatory regime. “Registered” funds are designed as “starter” funds for managers who want to set up a new fund, test a new investment strategy or for small investment groups (family offices, a tight-knit group of investors, etc.). The BVI splits funds into 2 categories based primarily on the total capital controlled (under management) by the fund.ġ. BVI funds are priced to be ultra-competitive, especially for smaller and startup fund.BVI funds are not required to have local “functionaries” – directors, investment managers, administrators, custodians or auditors.The BVI offers fund types that are suitable for the whole spectrum of fund categories - from startup funds that can be set up in a matter of days with minimal regulatory requirements to private hedge funds and retail mutual funds for existing managers with billions in assets.The BVI is a stable political and economic jurisdiction with an excellent global reputation.Neither BVI funds nor their investors pay any taxes in the BVI.There are no restrictions on use of leverage or margin.There are no restrictions on investment strategies or the type of investments or geographic location of investments.The BVI is a popular locale for establishing offshore investment funds for the following reasons: The BVI is the 2nd most popular jurisdiction for establishing offshore funds, accounting for approximately 25% of the world’s offshore hedge funds and mutual funds. While these jurisdictions might have some niche benefit for random occasions (for example establishing a fund that is only open to residents of The Ukraine) the vast majority of the world’s offshore licensed investment funds are established in one of two offshore financial centers: The British Virgin Islands and The Cayman Islands. Vincent & The Grenadines and The Bahamas in the Caribbean. These countries range from the Isle of Man and Cyprus in Europe to St. The Premier Jurisdictions for Offshore Funds: The British Virgin Islands and The Cayman Islands.Ĭurrently there are about a dozen countries around the planet that license offshore investment funds. The complete, start-to-finish service of establishing an offshore licensed fund is what we provide. There are no surprises, hidden fees or unexpected expenses. What’s more, we inform our clients of exactly what the set up and annual renewal costs will be. From choosing a jurisdiction for the fund to setting up a trading account and everything in between, we make the process of establishing an offshore fund straightforward, understandable and affordable. We have applied this same approach to establishing offshore licensed hedge funds and mutual funds. Our aim has always been to provide a complete, start-to-finish service so that our clients can establish offshore structures and accounts without so much as leaving their desks. HFS was founded with the intent of making the process of “going offshore” simple, affordable and understandable. At HFS we have streamlined the process and handle all of the steps from choosing the appropriate jurisdiction, establishing the legal entity, obtaining the appropriate license and opening international bank and investment accounts for the fund. ![]() ![]() ![]() Establish An Offshore Hedge Fund Interested in forming an offshore hedge fund or mutual fund? We can help.
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