We frequently assist clients with setting up an offshore investment management company ("Manco") so compliment the launch of their Cayman fund via CV5 Digital. We assist with all aspects of this at the same time as we are setting up and assisting with the launch of the fund.
Upon engagement the process takes less than 4 weeks which includes all legal set up and formation, regulatory approval offshore and bank account opening (so the Manco can receive the management and performance fees charged).
The key benefits of a Manco are:
Regulated but light-touch framework so compared to onshore jurisdictions, there is not a significant operational burden.
4 week formation and approval.
Zero taxes - no corporation tax, dividend tax, capital gains tax, income or any other taxation.
Beneficial when dealing with offshore exchanges.
Can be used for other investment funds also.
Ongoing operational costs are very low.
No minimum share capital requirements compared to onshore jurisdictions.
Can be sold in the future.
For further information on setting up an offshore Manco to compliment your Cayman digital asset fund, please contact us: info@cv5capital.io
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