Registration of a mutual investment institution (CIF / UIF)
Registration of a mutual investment institution (CIF / UIF)
Co-financing institutions (abbreviated as CII) help to attract investors' funds and invest them in real estate, securities and other assets for profit.
Features of CII varieties
The first such funds appeared in 1822 in Belgium, and now they have become the most popular way to increase income in the United States and Great Britain. This is a relatively new concept for Ukraine, but such institutions are already doing well in the financial market, and their activities are currently coordinated by the 2012 Law on Joint Financing Institutions. In the system of corporate law, they are divided into two categories: mutual fund (UIF) and corporate fund (CIF).
There are some differences in their activities and features of registration of the institute of joint financing in Lviv. Thus, KIF is created on the basis of an asset management company, is a legal entity, and all investors become co-founders by buying shares. The UIF also belongs to the participants on the basis of partial ownership, but it is not a legal entity, it is only subordinated to the AMC.
It is difficult to independently analyze and determine which of the types of CII is better. As well as to understand the intricacies of establishing a mutual investment institution in Ukraine. So when you need to register a CII mind. Lviv, immediately contact the law firm "OLSON" - our and corporate law specialists have serious experience and understanding of such subtle details that do not immediately come to mind, but sooner or later come to the surface, becoming issues that need urgent attention. So isn't it better to be ready for them in advance and always know what to expect?
Why register a CIF / UIF?
Mutual investment institutions, in particular CIFs and mutual funds, often act as intermediaries between investors and companies that raise funds for the development of their industries. Acting as a mediator, such institutions have established themselves as a reliable link that helps all parties to satisfy their interests fully.
In addition, CII directs resources to the most promising areas of the economy and has a positive impact on its dynamics.
At the same time, investors themselves receive a tool for additional profits and increase savings with less risk, which can not be avoided in self-employment.
CIF registration in Lviv
The law sets many restrictions on the composition and structure of the organization. They prevent various abuses aimed at making CII reliable and liquid. However, these restrictions are the main reason why you should seek quality professional assistance from the Law Firm "OLSON LVIV" when creating a CIF or UIF.
Registration will take time to analyze and prepare the documents, as well as another 30 days from the date of receipt of the documents by the Commission. It is important to strictly follow the procedure for establishing a mutual fund, all documents must meet the established requirements and not contain mutually exclusive information or inaccurate data.
Olson Law Firm will conduct the registration procedure quickly and inexpensively. Call us!
