Guernsey Authorised Fund
Key Features
- authorised collective investment schemes; and
- registered collective investment schemes.
- Class B: the most popular open-ended structure typically established for marketing to institutions and high net worth/sophisticated investors. The rules applying to Class B scheme documents and administration are less comprehensive than those applying to Class A schemes; or
- Class A: eligible for marketing to the general public in the UK and certain other jurisdictions. There are comprehensive rules which regulate the documents by which a Class A scheme is established, the content of the relevant scheme particulars, the general administration of the scheme and the investment parameters; or
- Class Q: restricted to qualifying professional investors. The rules governing such schemes are less prescriptive than those for Class A and Class B schemes and a fast-track approval process should be available.
Requirements |
Description |
General |
|
|
Jersey Company, Incorporated cell company (ICC) or a Protected cell company (PCC), Limited Partnership, Unit trust |
|
No |
Share capital or equivalent |
|
|
None |
|
None |
Directors |
|
|
1 |
|
Yes |
|
No |
Service Providers Required |
|
|
No |
|
Yes |
|
No |
|
Yes |
- Robust yet flexible regulatory environment
- Professional infrastructure and quality of workplace
- Tax neutrality and Tax Exchange Agreements
- End to end comprehensive service
- Speedy and efficient service
- Expert advice on structuring options
- Dedicated ongoing compliance support
- Extensive network pool of service providers