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% |