When it comes to investment funds, Italy offers multiple choices to those seeking to open one. As an EU member state, Italy also encompassed the European legislation related to investment funds, and thus making the country even more appealing for foreign investors. The main legislation covering investment funds in Italy is the Unified Financial Act, but also the laws related to the Central Bank and the Securities Exchange Commission, which are supervisory bodies. In 2015, Italy also enabled the law enabling the opening of undertakings for collective investment schemes (UCIs).
Our company formation representatives in Italy can offer more information on the main laws related to investment funds in this country.
Foreign investors may choose to set up one or more of the following types of investment funds in Italy:
No matter the type of investment fund one decides to establish, it must be administered by an alternative investment funds manger (AIFM) or by a management company which must be incorporated as a joint stock company in Italy.
All types of Italian investment funds must be registered by using one of the following structures:
A fund may invest its assets in the following:
It must be known that real estate investment funds may only be registered as closed-ended funds. Also, one of the most popular types of investment funds in Italy is the hedge fund. This falls under the category of reserved alternative investment funds.
For complete information on all types of investment funds, do not hesitate to contact us. Our Italian company registration agents can also help you set up investment funds.