Dubai Foreign Fund
- The Foreign Fund is a regulated Fund in a jurisdiction included as a DFSA Recognised Jurisdiction or the alternative criteria of equivalent regulation prescribed by the DFSA; or
- The Firm makes a suitability recommendation of the investment in the Units of the Foreign Fund to the particular investor, in light of that investor’s investment objectives and circumstances; or
- The Foreign Fund is open to 100 or fewer investors each of whom meets the Professional Client test and makes a minimum subscription of USD $50,000 and is not offered to investors by way of a public offer.
Requirements |
Description |
General |
|
|
Investment Companies, PCC, Investment Trusts and Limited Partnerships |
|
No |
Share capital or equivalent |
|
· Minimum subscription |
USD 50,000 |
· Minimum investors |
Maximum of 100 unitholders |
Directors |
|
|
2 |
|
Yes |
|
No |
Service Providers Required |
|
|
Yes |
|
Yes (must be a director of the investment company) |
|
No |
|
Yes |
- Flexibility in vehicle structuring
- Ease and speed of establishment
- Favourable tax regime
- Conducive regulatory environment
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers