Cyprus fund industry is growing rapidly during the past few years due to the harmonisation with the EU regulatory framework, the attractive tax schemes and the extensive network of highly skilled and educated professional service providers. Panelium Agency can support you with the following services:

Cyprus Fund Advisory Services

Our aim is to understand the needs of our clients to provide them with the highest quality of investment solutions and advise them on the structuring of their funds after analysing the implications of the AIF/AIFLNP/RAIF regimes.

Fund set up

After deciding the structure and the type of fund that the client needs, we undertake the procedure of obtaining the license from Cysec. The procedure includes the following:

1. Preparation and submission of the application of Cysec.
2. Preparation of review of Memorandum and Articles of Association, Common rules and Prospectus
3. Assisting in the appointment of Depositary and Legal Advisor including drafting and reviewing agreements
4. Communicate with Cysec

On-going support

1. Accounting and payroll
2. Internal audit
3. External audit
4. Tax structuring and tax compliance
5. Fund registry maintenance
6. Transaction advisory
7. Valuation services