Savva & Associates Cyprus


Alternative Investment Funds


Alternative Investment Funds

With the enactment of the Alternative Investment Funds Law 124(I)/2018 (the “AIF Law of 2018” or the “AIF Law”) in July 2018, Cyprus has modernised and significantly enhanced the offering of alternative investment funds, or “non-UCITS”, which can be registered and domiciled in Cyprus, has introduced the possibility to create Registered AIFs in Cyprus and in addition fine-tuned the other types of AIFs (i.e. AIFs with Unlimited and AIFs with Limited Number of Persons).

Cyprus now boasts the full spectrum of legislative framework to all fund products and provides fund promoters and managers various structuring opportunities.

Why Domicile your AIF in Cyprus?

During the past few years, the funds industry in Cyprus has experienced significant growth (both in terms of value of assets and in terms of number of funds and fund managers), resulting in the Island establishing itself as one of the major EU fund jurisdictions.

Its strategic geographic position, stable political system, attractive tax system, modernised AIF Law, combined with EU and Eurozone memberships, have served to attract global funds and fund managers alike.

The recent regulatory changes in the Cyprus funds industry have resulted in the full alignment of local legislation with the relevant EU Directives, including the Alternative Investment Funds Manager Directive.

Savva & Associates: Cyprus’ premier funds services provider

Our dedicated Investment Funds Division has extensive knowledge of financial services, coupled with local legal and tax expertise, ensuring efficiency in the establishment, licensing and ongoing management of AIFs.

The team comprises of qualified accountants, lawyers and fund experts who can assist you with all your fund related requests.

Seeking more insights or curious about how we may assist you and dive deeper together?  We have dedicated ourselves to providing the highest levels of service and tailored solutions to meet the diverse needs of our valued clients.  Please get in touch with one of our managers to arrange for your free consultation.

Exclusive Services

Through our extensive local and international network, we can assist with the selection of key parties required by most investment funds, such as:

Investment Manager, Depositary, Auditor and any other qualified personnel that may be required.We are recognised as a leading Cypriot investment fund provider, with our firm having been active in the initial discussions with government to draft the current legislation which is in place.

We work with many of the world’s leading independent money managers and family offices as well as funds of funds, banks and institutional funds.

For further information on establishing an AIF in Cyprus, please contact Charles Savva at [email protected]