Tax Optimization SICAVS
The SICAV are investment vehicles that allow taxation to be 0% in Corporation Tax.There are 3 types of SICAV:
SICAV types:
| Type: 0% | |
| SICAV | ORDINARY |
| SICAV | REAL ESTATE |
| SICAV | FREE INVESTMENT |
CHARACTERISTICS AND REQUIREMENTS OF THE SICAV
| SICAV ORDINARIA | |
| FEATURES | Collective investment vehicle with its own legal personality |
| MINIMUM CAPITAL | € 300,000 / € 1.25 m |
| SUPERVISORY BODY | INAF |
| SUPERVISION LEVEL | High |
| INFORMATION REQUIREMENTS | High |
| ASSET TYPOLOGY | Wide (regulated by Chapter III of Law 10/2008) |
| INVESTMENT FLEXIBILITY | Subject to diversification requirements (Cap.III of Law 8/2010) |
| AUDIT | Mandatory |
| AUTONOMY | You can self-manage or appoint a manager |
| LIQUIDITY | High |
| CLIENT INTERVENTION IN DECISION MAKING | It depends on the management company if the SICAV is not self-managed |
| TAX | Corporate Tax at 0% |
| TAX REFUNDS | 0% via dividends |
| MANAGEMENT BODIES | Board of Directors (min. 3 people) |
| INAF CONFIDENTIALITY | Administrator keeps a register of shareholders. INAF can request this registration |
| CONFIDENTIALITY R.M | Breakdown of holdings> 5% |