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Should you decide to go down the path of registering a Licensed Managed Fund we can assist with all or any of the following:

Should you decide to go down the path of registering a Licensed Managed Fund we can assist with all or any of the following:

• Providing detailed advice on the application process and legal requirements
• Drafting and/or Settling of Fund License Application, Offering document/s, etc
• Creation/Incorporation of the Fund Entity
• Incorporation of a Trading Company entity
• Incorporation of an Investment Manager entity
• Providing Professional “Nominee” Director, Company Secretary, Nominee Shareholder and Offshore Management services for any Offshore Trading or Investment Manager Companies
• Providing Professional “Nominee” Director, Company Secretary, and Offshore Management services for the Fund entity
• Drafting and/or Settling agreements as between the above various entities
• Provision of Custodian Services
• Advice and assistance as regards establishment of Offshore Banking services for the various abovementioned entities
• Provision of Offshore Corporate structuring advice and assistance
• Provision of Account signatory and fund forwarding services
• Provision of Registered Agent and Registered Office services for the Fund entity (and other above-mentioned entities)
• Vetting and hiring of local auditors as/if required
• Location, vetting and selection of an appropriately qualified Fund Manager (if required)
• Liaising with the Authority and yourselves as the Fund Applicant’s Seychelles Legal representative with respect to submission (and lobbying for registration of) the Fund License application

How to Protect Client Funds

Again, in my view, if the primary concern of the Promoters is the legal/structural/banking integrity of the Collective (to ensure the safety of the clients funds from freezing by a bank or onshore authority) you would be well advised to head down the path of setting up a Licensed Fund rather than a Private Investment Company (IC).

Accommodating Onshore Investors
In order to accommodate onshore participants (and to test the commitment of the individual members of the group) the first step would entail each individual investor establishing an Offshore Company. The reason for this is that generally speaking, in most Western Countries participation in a collective Private Offshore Investment Company direct by an onshore resident investor (ie in his own name or in the name of an onshore company) is likely to be contrary to local Corporations’ (eg ASIC) rules and/or Managed Investments Legislation.
Setting up an Offshore Company for each investor is very easy to do. Consider allocating each member of the group gets allocated an IBC as part of their membership package.

To finalize set up of each company all you/we will need to collect:

• A copy of the client’s passport
• A proof of address document (ie a utility bill or bank/credit statement)
• Advice of the client’s preferred company name


Learn more: Seychelles Fund set up