ICIS or Mutual Fund or CySec license?

[clemens]

Now I read about the ICIS the latest service offered by cclogic what may be the best for a stock exchange or forex trader who not do this for a living but just to make a few bucks from fellowers I know?

 

[new-to-offshore]

Where di you read about this?

 

[JohnLocke]

Where di you read about this?

I assume it is this Offshore Company Forum - Cyprus International Collective Investment Schemes (ICIS) article jpay is referring to

 

[JohnLocke]

Now I read about the ICIS the latest service offered by cclogic what may be the best for a stock exchange or forex trader who not do this for a living but just to make a few bucks from fellowers I know?

If it is as you describe a ICIS is the optimal solution for you and actually why this type of companies have been allowed. There is no need to apply for a CySec financial license for the purpose you describe!

 

[haslan]

Can I make existing company to an ICIS or must I open new cyprus company?

 

[JohnLocke]

Better would be to incorporate a new Cyprus company so nothing get mixed up.

 

[clemens]

I will start the incorporation next week will be in touch... thanks for the reply and sorry for the delay in mine.