Asset Management Company (AMC) registration
Asset Management Company (AMC) Registration
The first step to establishing a mutual investment institution and a financial company is to obtain a license for an asset management company. This is necessary in order to become a full participant in the securities market. It is on the basis of AMC that corporate and mutual funds are created. In fact, the registration of an asset management company can be carried out immediately according to the selected profile (form) of asset management. All requirements for AMC activities are clearly regulated by law.
How is AMC registered?
Obtaining a license for an asset management company in Lviv and with the help of the law firm "OLSON" takes place in several stages. Thus, in order to get an official opportunity to conduct AMC activities, it is first necessary to enter data on jur. person to the USREOU, get the appropriate code.
Then you can move on to the most important - the preparation of the company, premises, staff to work. There are special requirements for each of these items (staff, office, etc.). Only after their implementation can you first get a license to manage assets, and then get the official status of a financial company in Lviv.
Basic requirements:
- Authorized capital in cash - UAH 7 million.
- Hardware and software: computers, uninterruptible power supply.
- At least three certified asset management professionals. The manager must have at least 2 years of experience in the stock market.
- Staff undergo mandatory two-week asset management training, followed by certificates of competency.
- It is necessary to form constituent documents according to the legislation operating at the time of creation of the company.
Before obtaining a license, you must pay state duty. The issued license has an unlimited validity.
Pitfalls. Why do you need a team of professionals on this path?
The AMC registration procedure is often slowed down at first glance by minor factors. But there are many of them, so without the help of highly specialized specialists, you can spend too much precious time and even more money. Sometimes it is necessary not only to draw up documents, but also to present them correctly; you need to understand in detail the intricacies of compliance with all license conditions, be well versed in corporate law. All these nuances are taken over by specialists of the Lviv Law Firm "OLSON".
Knowing and understanding the intricacies of registration and the peculiarities of the operation of companies is our profession. We will tell you about it in simple and clear language, help you collect and draw up a complete package of documents, focus on the specifics of your business and build the whole process of obtaining an AMC license so that it took place as quickly as possible and with minimal costs for you.
Call the law firm "OLSON LVIV" - do not waste time, spend it usefully!
