Fund domiciles in 2021: Malta & Cyprus
Malta
Pros Responsive regulator
Cons Not as well known as other jurisdictions
Need to know Well suited to small and emerging managers
Key statistics
653 Total investment funds (including sub-funds) registered in Malta (including AIFs, notified AIFs, PIFs, UCITS, retail non-UCITs)
€15.4bn Total NAV of Malta domiciled funds (AIFs, PIFs, UCITS and other CISs) as of December 2019
Source: Finance Malta
Fund structures
Funds can be established as:
- Investment company with variable share capital (SICAV)
- Partnership en commandite or limited partnership
- Unit trust regulated by the Trusts and Trustees Act
- Limited liability company
- Funds or schemes established by contract
Source: Invest Europe’s Tax Benchmark Study 2018
Tax & substance
All companies incorporated in Malta are domiciled and resident...
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