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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.

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