To set up a UCITS Management Company, AIFM Management Company or a MiFID investment firm in Ireland you must obtain authorisation from the Central Bank of Ireland ("CBI").
Whether you choose to establish a UCITS Management Company, AIFM Management Company or a MiFID Investment Firm, once authorisation is granted by the CBI you can passport your services throughout the EU.
The table below lists some of the key considerations when setting up a management company in Ireland.
|Management company||Investment firm|
|Substance||Does your firm know of the substance requirements from the CBI?|
|Governance||Has your firm assessed the governance requirements set out by the CBI?|
|Regulatory capital||Has your firm considered the regulatory capital implications of setting up in Ireland?|
|Irish regulatory landscape||Is your firm familiar with the laws and regulations applicable in Ireland?|
|Fitness and probity||Is your firm aware of the requirements set out by the CBI when it comes to rules that apply to senior management and above?|
|Tax||Does your firm understand its obligations under Irish tax rules and how it will be taxed?|
We have a team of dedicated experts who can help you set up your fund management company in Ireland today. Contact us today.