Alternative Investment Funds
We have identified the Cyprus Alternative Investment Fund (AIF) scheme to be an extremely efficient vehicle to help companies achieve corporate savings. It is also an excellent way to plan for future generations and extract profits for our clients in a regulated and legitimate fashion. Clients investing in Cyprus have access to a range of funds with new funds being registered regularly in the growth sectors.
Key benefits for clients investing in a Cyprus AIF
Flexibility as there are no restrictions regarding the type of assets included in the investment strategy. A multiple compartment fund can have sub-funds managed as separate entities each with its own investment strategy.
Once a fund is set up, it can be self-managed by its Board of Directors.
Costs of setup and operation are a fraction of that of other jurisdictions favoured by fund managers. Increased time and cost efficiencies with Registered AIFs (RAIFs).
Cyprus AIF benefits from significant tax incentives where taxation can be as little as 2.5% to a maximum of 12.5% on your funds’ worldwide income.
Proceeds from the sale of shares and other instruments are tax exempt.
No withholding tax on income repatriation (dividends paid to fund holders).
No capital gains tax on disposal of shares/units by the holders.
Capital gains from the sale of immovable property situated outside Cyprus is tax exempt.
A wide network of Double Tax Treaties is in place with more than 60 countries.
Tax incentives for senior staff of Fund Manager Companies located in Cyprus.
Full transparency through annual audited reports to Cyprus’s Securities and Exchange commission.
This is a perfect vehicle for individuals, family offices and corporations to invest in all manner of industries including real estate and private equity. Within a low tax environment and with long-term protection of wealth.
As part of our service offering, in collaboration with our extinguished partners, we ensure all our client’s preparation and reporting requirements related to the fund are met.
Millwood Kane International is at your disposal on any such investments servicing as your key partner.
MK Collective Funds
Millwood Kane International offers the possibility to set up a fund, that allows several investors to engage in a real estate investment either in London or Cyprus. Our investments are great opportunities to share in the rewards with other like-minded investors in acquiring real estate that may ordinarily not be accessible on the open market.
Investing in London or Cyprus real estate is a great way of diversifying your portfolio and reducing your risk, eliminating all the stress, whilst benefiting from Millwood Kane International's expertise and experience.
The entry level is as little as £/€50,000 per investor and the projects are from £/€1m and above. These funds are set up either for one-off investments or for open-ended purposes.
Please contact us for a free consultation and to discuss any opportunities.