WebJul 29, 2024 · Generally CIMA will confirm registration of a registered hedge fund or a registered private fund on the same day that the completed registration application is … WebStarting a fund in the BVI offers the following benefits: Cost effective jurisdiction for fund formation. Minimum or zero taxes on capital gains, profits and dividends accrued to the fund. Simplified due diligence procedures for investors. One of the leading offshore jurisdictions for investment funds. Perfect for small scale funds with no ...
Establishing Hedge Funds in the Cayman Islands
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How to Start a Hedge Fund in the Cayman Islands
WebFeb 23, 2024 · Cayman Counsel will also complete the set-up of the master fund and the feeder fund which would include the appointment of the directors and prepare the suite of Cayman launch documents, which will include board resolutions, various documents required by the CIMA, consent letters for the administrator and auditor and prepare the … WebFeb 1, 2024 · There are probably lower cost options like British Virgin Islands (BVI), but I am only familiar with Cayman Islands, so I will go with that. Cayman Islands is also the choice of domicile for most offshore funds, accounting for more than half of all offshore structures. There are of course fees to pay to set up and maintain a fund in Cayman Islands. WebJul 1, 2024 · The process starts from filing the Memorandum and Articles of Association (MAA), and articles signed by the proposed registered agent (the RA - must file its consent to act) to submit copies of MAA, articles and receive a Certificate of Incorporation typically takes within 24 hours in BVI. bir withholding