Fund manager (AIFM) authorisation and registration
Fund documents and policies
Fund documentation for a manager: offering document, investor onboarding pack, governance and delegation, risk and liquidity policy, or the depositary appointment.
In short
Fund documentation for a manager: offering document, investor onboarding pack, governance and delegation, risk and liquidity policy, or the depositary appointment. The price is from €2,800, excluding VAT. How long it takes: usually within 7 working days after we have received the necessary information. It is ordered and paid on micaconsult.com.
Who it is for
Fund managers and fund sponsors.
Price
| Service | Price | Order |
|---|---|---|
| Fund prospectus / offering document | from €4,500 | Order |
| Investor (LP) onboarding pack | from €2,800 | Order |
| Fund management set-up — governance, policies and delegation | from €12,000 | Order |
| Depositary appointment | from €3,500 | Order |
| Risk management and liquidity management policy | from €4,200 | Order |
All prices are in euros and exclude VAT. VAT is added where it applies under the Estonian Value Added Tax Act.
What the price includes
- Fund prospectus / private placement memorandum with risk factors, fees, terms
- The document or appointment ordered
Not included in the price
- Marketing approvals
- Third-party fees
State and notary fees
State fees and the fees of the supervisory authority are not included in the price; you pay them yourself.
Requirements
Some items are required for a full AIFM. FIU licence FIU000117 is LexorCorp's own licence for its trust and company services; it does not authorise the client.
Documents and information we need from you
Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
Process
- You: Provide information, capital and people that meet the legal requirements; sign and answer the authority's questions.
- LexorCorp: Prepare the application and its documents and manage the procedure until the decision.
- Authority: Finantsinspektsioon reviews them as part of the authorisation or supervision.
How long it takes
Usually within 7 working days after we have received the necessary information
Prepared for your company: usually delivered within 7 working days after we have received the necessary information.
Law and requirements
- Directive 2011/61/EU; Investment Funds Act
General information about our service, not legal advice.
Questions and answers
Fund documents and policies: what does it cost?
From €2,800, excluding VAT. State fees and the fees of the supervisory authority are not included in the price; you pay them yourself.
Fund documents and policies: who is it for?
Fund managers and fund sponsors.
Fund documents and policies: how long does it take?
Usually within 7 working days after we have received the necessary information
What is not included in the price?
Marketing approvals; Third-party fees.
Who makes the decision?
Finantsinspektsioon reviews them as part of the authorisation or supervision.
Related services and add-ons
- Full EU AIFM authorisation (2011/61/EU) — application preparation and management — from €69,500
- Registered small AIFM — registration with the Financial Supervision Authority — from €34,000
- Supervisory reporting — from €2,400 / year
Part of
- Fund manager (AIFM) authorisation and registration — from €34,000
Order: Fund documents and policies · from €2,800 See it in the price list