Ireland UCITS Fund
Legal Requirements
Requirements |
Description |
General |
|
|
Investment company with fixed or variable capital, Common Contractual Fund (CCF), Irish Collective Asset-Management Vehicle (ICAV), Unit trust, Limited partnership |
|
No |
Share capital or equivalent |
|
|
None |
|
None |
Directors |
|
|
3 |
|
No |
|
Minimum of 2 local directors |
Investment Restrictions |
§ Up to 10% of the net assets may be invested in unlisted securities § Up to 10% of the net assets may be invested in securities issued by the same issuer § Borrowings can be effected for investment purposes § Cannot enter into physical short sales and may establish side pocket share classes for illiquid assets. |
Service Providers Required |
|
|
Yes (local) |
|
Yes |
|
Yes (local) |
|
Yes |
- Flexible structuring of fund vehicle
- Favourable tax regime
- Globally reputable 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