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%