Creation of funds
Creation a corporate investment fund
An investor who has decided to create a corporate investment fund should understand that investment corporate funds are created in accordance with the procedure established by the current legislation of Ukraine.
The term for creating a corporate fund is up to 4-6 months. If you do not have specialists who have experience in creating corporate funds, going through the steps may take longer.
Services for creating a corporate investment fund include:
- Holding a meeting of founders and a constituent assembly.
- Preparation and submission of documents for approval of the draft Charter in the NSSMC.
- Preparation of documents and opening accounts for payment of the authorized capital.
- Obtaining the international identification number of CIF shares.
- Conclusion of an agreement with the depository, opening an issue account, depositing a global certificate and closed placement of shares among the founders of the CIF.
- Registration of a CIF in the Unified State Register of Legal Entities, Individual Entrepreneurs and Public Associations.
- Preparation and submission of documents for the registration of a report on the results of a private placement of shares in order to form the initial authorized capital, the rules of the CIF, and enter it into the EDRISI.
- Obtaining the registered regulation of the CIF at the National Securities and Stock Market Commission and the certificate on the contribution of the fund to the Unified State Registration Register.
- Preparation of documents and opening of a settlement account for CIF at the bank.
- Preparation of documents for opening a securities account with a depository institution, their coordination with the depository institution.
- Preparation and submission of documents to the National Securities and Stock Market Commission for making the CIF in the register of financial institutions.
- Conclusion of contracts with the auditor, depository, depository institution, appraiser, underwriter (if necessary).
- Preparation and submission to the National Securities and Stock Market Commission for the registration of the issue of shares of CIF in order to attract funds for joint investment and registration of the prospectus of shares of CIF.
- The deposit of a global certificate for the issue of shares in order to attract funds for joint investment.
- Full support of packages of documents at each stage of their consideration in the National Securities and Stock Market Commission.
It should be noted that violations of the stages of creating a corporate fund are the basis for the refusal of the National Securities and Stock Market Commission for registration of the CIF. The founders of the CIF should be prepared to confirm the availability of their own funds, which form the initial authorized capital of the CIF. In order for the investor not to waste time creating a corporate fund, an alternative is to buy a ready-made fund. Such an acquisition will help to save several months and start the investment project launch much faster.
Creation of a mutual investment fund
Services for the creation of a mutual investment fund include:
- Development and submission to the National Securities and Stock Market Commission of a package of documents for registration of the mutual fund regulations;
- Support for the consideration of documents of the National Securities and Stock Market Commission;
- Obtaining the registered regulations and certificate on the introduction of mutual funds in EDRISI;
- Opening a current account for mutual funds in the selected bank;
- Coordination and conclusion of contracts with the auditor, appraiser, depository, depository institution;
- Preparation of the necessary documents and opening of securities accounts with the depository and depository institution;
- Preparation and submission to the National Securities and Stock Market Commission of a package of documents for registration of a prospectus for the issue of investment certificates of a unit investment fund;
- Support for consideration of a package of documents in the NSSMC;
- Obtaining a registered prospectus at the National Securities and Stock Market Commission;
- Obtaining the international identification number of mutual fund securities;
- Preparation of documents for depositing a global certificate and submitting them to the depository.