HOME CONTACT US SITEMAP THE FIRM LEGAL ADMINISTRATIVE SERVICES EU FUNDING PEOPLE PUBLICATIONS NEWS HOME / PUBLICATIONS / THE ALTERNATIVE INVESTMENT FUNDS LAW (2018) PUBLICATIONS By Areas of Practice Corporate and Commercial Banking and Finance Intellectual Property Litigation and Dispute resolution Property Shipping Law Immigration Formation of Offshore Companies Formation of Cyprus Companies Company Management and Secretarial Services Accounting and Bookkeeping services Tax Planning EU Funding and National Grants Private Funds Cyprus International Trusts August 27, 2021 THE ALTERNATIVE INVESTMENT FUNDS LAW (2018) The Alternative Investment Funds Law 2018, has enabled Cyprus to develop the fund industry and align it to the European directive of Alternative Investments Funds (“AIF”), thus strengthening the fund regime in Cyprus by creating an attractive, competitive, trustworthy and prestigious industry for the creation of investment activities. The new developments in the Law have enabled Cyprus to offer an attractive regime for the creation of funds combining flexibility, effective regulations and incentive to investors since the creation of AIFs in Cyprus provide both cost benefits in terms of its incorporation as well as tax benefits enjoying the 12.5% corporate tax rate. Download a Russian translation of the Article Practice Area(s): Private Funds, Corporate and Commercial Download PDF Share with AddThis Sharing Buttons Share to Facebook Share to Twitter Share to Pinterest Share to Email Share to PrintFriendly Share to More Related Publications 10.04.2019 CYPRUS INTERNATIONAL TRUSTS (КИПРСКИЕ МЕЖДУНАРОДНЫЕ ТРАСТЫ) Following the reform of the Cyprus International Trust Law that took place in 2012, Cyprus has become one of the most attractive and competitive jurisdictions for the creation of trusts, providing asset ... 08.04.2019 REDOMICILIATION OF A BVI COMPANY TO CYPRUS A BVI company shall register with the Tax Authorities in Cyprus if it is managed and con-trolled from Cyprus. 02.04.2019 THE NEW NON DOMICILED RULES IN CYPRUS In July 2015, in an effort to enhance the attractiveness of Cyprus as an international business and financial centre and improve the competiveness, fairness and simplicity of the Cyprus Tax system, ... ... 02.04.2019 NOTIONAL INTEREST DEDUCTION ON NEW EQUITY As from 1 January 2015, the Government has introduced the Notional Interest Deduction (NID) regime on equity. 01.02.2019 ECONOMIC SUBSTANCE REQUIREMENTS. The British Virgin Islands ("BVI") has on the 1st of January 2019 passed a legislation through which it requires the establishment of the "economic substance" for BVI companies and partnerships that ... More Publications BACK TO PUBLICATIONS LEGAL CORPORATE AND COMMERCIAL BANKING AND FINANCE INTELLECTUAL PROPERTY LITIGATION AND DISPUTE RESOLUTION PROPERTY SHIPPING LAW IMMIGRATION TAX PLANNING PRIVATE FUNDS CYPRUS INTERNATIONAL TRUSTS ADMINISTRATIVE SERVICES FORMATION OF OFFSHORE COMPANIES FORMATION OF CYPRUS COMPANIES COMPANY MANAGEMENT AND SECRETARIAL SERVICES ACCOUNTING AND BOOKKEEPING SERVICES EU FUNDING EU FUNDING AND NATIONAL GRANTS THE FIRM FIRM PROFILE ANDREAS SOFOCLEOUS GROUP OF COMPANIES AWARDS & RECOGNITIONS PEOPLE PUBLICATIONS NEWS CONTACT US AWARDS & RECOGNITIONS 2013 ACQUISITION INTERNATIONAL FINANCE AWARDS LEGAL500 2014 © 2018 ANDREAS M.SOFOCLEOUS & CO LLC / PRIVACY STATEMENT / DESIGN & DEVELOPMENT BY BDIGITAL / POWERED BY WEBSTUDIO