Hoʻokomo kālā ʻē aʻe - Nā pōmaikaʻi o nā kālā hedge Maltese
ʻIkepili Nui e pili ana iā Malta
- Ua lilo ʻo Malta i lālā o ka EU ma Mei 2004 a hui pū me ka Euro Zone i 2008.
- Ua ʻōlelo nui ʻia ka ʻōlelo Pelekania ma Malta a ʻo ia ka ʻōlelo nui no ka ʻoihana.
Nā mea e hoʻoikaika ai i ka pono hoʻokūkū o Malta
- ʻO ke kaiapuni kānāwai a me ka hoʻoponopono paʻa me kahi papa hana kānāwai e like me nā Directives EU. Hoʻokomo ʻia ʻo Malta i nā ʻōnaehana mana ʻelua: ke kānāwai kīwila a me ke kānāwai maʻamau, no ka mea ua hoʻokumu ʻia ke kānāwai ʻoihana ma nā loina kānāwai Pelekane.
- Haʻaheo ʻo Malta i kahi kiʻekiʻe o ka hoʻonaʻauao me nā haumāna puka e hōʻike ana i kahi ʻāpana o nā ʻano aʻo like ʻole e pili ana i nā lawelawe kālā. Hāʻawi ʻia ka hoʻomaʻamaʻa kikoʻī i nā lawelawe kālā ma nā pae hoʻonaʻauao ma hope o ke kula kiʻekiʻe a me ke kula kiʻekiʻe. Ua hoʻokumu maikaʻi ʻia ka ʻoihana helu ma ka mokupuni. ʻO nā mea helu kālā he mau haumāna puka kulanui a i ʻole ka loaʻa ʻana o kahi palapala hōʻoia hōʻoia (ACA / ACCA).
- ʻO kahi mea hoʻoponopono proactive i hiki ke hoʻokokoke a noʻonoʻo i ka ʻoihana.
- Ke ulu mau nei ka lako o nā keʻena keʻena kiʻekiʻe no ka hoʻolimalima ma nā kumukūʻai ʻoi aku ka liʻiliʻi ma mua o ʻEulopa Komohana.
- Hōʻike ʻia ka hoʻomohala ʻana o Malta ma ke ʻano he kikowaena kālā honua i ka nui o nā lawelawe kālā i loaʻa. Ke hoʻokō nei i nā hana kūʻai maʻamau, ke hāʻawi nui nei nā panakō; ka waihona kālā pilikino a me ka hoʻopukapuka kālā, ke kālā papahana, nā hōʻaiʻē syndicated, ka waihona kālā, mālama, a me nā lawelawe waihona. Hoʻokipa pū ʻo Malta i nā ʻoihana loea i nā huahana pili i ke kālepa, e like me ke kālā kālepa i kūkulu ʻia, a me ka factoring.
- ʻO ka manawa maʻamau Maltese he hoʻokahi hola ma mua o Greenwich Mean Time (GMT) a ʻeono hola ma mua o ka US Eastern Standard Time (EST). No laila hiki ke hoʻokele maikaʻi ʻia nā ʻoihana honua.
- ʻO ka International Financial Reporting Standards, e like me ka ʻae ʻia e ka EU, ua paʻa i loko o ke kānāwai ʻoihana a pili i ka makahiki 1997, no laila ʻaʻohe koi GAAP kūloko e hana ai.
- He aupuni ʻauhau hoʻokūkū hoʻokūkū, no ka poʻe malihini hoʻi, a me kahi ʻoihana kuʻikahi ʻauhau ʻauhau nui e ulu nei.
- ʻAʻohe kapu i ka hāʻawi ʻana i nā ʻae hana no nā lāhui ʻaʻole EU.
Nā Waihona Paʻa ʻo Malta: Nā kālā hoʻopukapuka ʻoihana (PIF)
ʻAʻole pili pololei ke kānāwai Maltese i nā kālā pā. Eia nō naʻe, ua laikini ʻia nā kālā hedge Malta ma ke ʻano he Professional Investor Funds (PIFs), kahi papahana hoʻopukapuka hui. Hoʻonohonoho pinepine ʻia nā kālā hedge ma Malta ma ke ʻano he hui hoʻopukapuka wehe a pani ʻia paha (SICAV a i ʻole INVCO).
ʻO ke aupuni Malta Professional Investor Funds (PIFs) he ʻekolu mau ʻāpana: (a) nā mea i hoʻokiʻekiʻe ʻia i Qualifying Investors, (b) nā mea i hāpai ʻia i Extraordinary Investors, a (c) nā mea i hāpai ʻia i Experienced Investors.
Pono e hoʻokō ʻia kekahi mau kūlana e hiki ai ke kūpono ma lalo o kekahi o kēia mau ʻano ʻekolu a no laila hiki ke hoʻokomo i kahi PIF. ʻO nā PIF he mau papahana hoʻopukapuka hui i hoʻolālā ʻia no nā mea hoʻopukapuka ʻoihana a me ka waiwai nui me kahi pae o ka ʻike a me ka ʻike i ko lākou kūlana.
Wehewehe ʻana o kahi mea hoʻopukapuka kūpono
ʻO ka "Qualifying Investor" kahi mea hoʻopukapuka e hoʻokō nei i nā pae hoʻohālike:
- Hoʻolilo i ka liʻiliʻi o EUR 100,000 a i ʻole kāna kālā like i ka PIF. ʻAʻole hiki ke hoʻemi ʻia kēia hoʻopukapuka ma lalo o kēia huina liʻiliʻi i kēlā me kēia manawa ma ke ʻano o ke kūʻai ʻana; a
- Hoʻolaha ma ke kākau ʻana i ka luna waihona kālā a me ka PIF i ʻōlelo ʻia ua ʻike ka mea hoʻopukapuka kālā, a ʻae i nā pilikia e pili ana i ka hoʻopukapuka i manaʻo ʻia; a
- E māʻona i kekahi o kēia mau mea:
- He hui kino i loaʻa nā waiwai ʻupena ma mua o EUR 750,000 a i ʻole ʻāpana o kahi hui i loaʻa nā waiwai ʻupena ma mua o EUR 750,000 a i ʻole, i kēlā me kēia hihia, ke kālā like me ia; or
- He hui hui ʻole o nā kānaka a i ʻole nā hui me nā waiwai ʻupena i ʻoi aku ma mua o EUR 750,000 a i ʻole ke kālā like; or
- ʻO kahi hilinaʻi kahi i ʻoi aku ka waiwai o ka waiwai o ka hilinaʻi ma mua o EUR 750,000 a i ʻole ke kālā like; or
- ʻO kahi kanaka nona ka waiwai nui a i ʻole ka waiwai ʻupena hui i hui pū ʻia me kāna wahine ma mua o EUR 750,000 a i ʻole ke kālā like; or
- He limahana koʻikoʻi a i ʻole ka luna hoʻokele o kahi mea lawelawe i ka PIF.
He aha nā PIF Malta i hoʻohana ʻia a he aha kā lākou mau pono?
Hoʻohana pinepine ʻia nā PIF no nā hale waihona kālā paʻa me nā waiwai i lalo mai nā securable hiki ke hoʻololi ʻia, ka waiwai pilikino, nā waiwai paʻa ʻole, a me nā ʻoihana. Hoʻohana pinepine ʻia lākou e nā kālā e pili ana i ke kālepa cryptocurrency.
Hāʻawi nā PIF i nā pono he nui, me:
- Hoʻolālā ʻia nā PIF no nā mea hoʻopukapuka ʻoihana a waiwai nui a no laila ʻaʻole i loaʻa nā palena i kau ʻia ma nā kālā kūʻai.
- ʻAʻohe mea hoʻopukapuka a i ʻole nā palena leverage a hiki ke hoʻonohonoho ʻia nā PIF e paʻa i hoʻokahi waiwai.
- ʻAʻohe koi e koho i kahu mālama.
- Loaʻa kahi koho laikini wikiwiki, me ka ʻae ʻia i loko o 2-3 mahina.
- Hiki ke hooponopono ia oe iho.
- Hiki ke koho i nā luna hoʻoponopono, nā luna, a i ʻole nā mea lawelawe ma nā ʻāina i ʻike ʻia, nā lālā o ka EU, EEA, a me OECD.
- Hiki ke hoʻohana ʻia e hoʻonohonoho i nā kālā kālā virtual.
Loaʻa ka hiki ke hoʻopaʻa hou i nā kālā pā mai nā ʻāina ʻē aʻe i Malta. Ma kēia ʻano, hoʻomau ʻia ka hoʻomau ʻana o ka waihona kālā, nā hoʻopukapuka kālā, a me nā hoʻonohonoho ʻaelike.
ʻO nā kālā hoʻokomo kālā ʻē aʻe o Malta (AIF)
ʻO nā AIF nā kālā hoʻopukapuka hui e hoʻonui i ke kālā mai nā mea hoʻopukapuka a loaʻa kahi hoʻolālā hoʻokele waiwai. ʻAʻole lākou e koi i ka ʻae ʻia ma lalo o ka Undertakings for the Collective Investment in Transferable Securities (UCITS) regime.
ʻO ka hoʻololi hou ʻana o ka Alternative Investment Fund Directive (AIFMD), ma o nā hoʻololi ʻana i ke kānāwai o nā lawelawe lawelawe kālā a me nā lula lawelawe lawelawe a me ka hoʻokomo ʻana i nā kānāwai lālā i hoʻokumu i kahi papa hana no ka hoʻokele a me ke kūʻai ʻana i nā kālā non-UCITS ma Malta.
He ākea ka laulā o ka AIFMD a uhi i ka hoʻokele, hoʻokele, a me ke kūʻai aku ʻana o nā AIF. Eia naʻe, uhi nui ia i ka ʻae, nā kūlana hana, a me nā kuleana ʻikea o AIFMs a me ka hoʻokele a me ke kūʻai aku ʻana o nā AIF i nā mea hoʻopukapuka ʻoihana a puni ka EU ma ke ʻano palena palena. ʻO kēia mau ʻano kālā e pili ana i nā kālā pā, nā kālā kūʻokoʻa kūʻokoʻa, nā kālā waiwai, a me nā kālā kālā ʻoihana.
Hāʻawi ka AIFMD framework i kahi hoʻomalu māmā a de minimis paha no nā AIFM liʻiliʻi. ʻO nā de minimis AIFMs nā luna hoʻomalu nāna, inā pololei a ʻaʻole pololei paha, e hoʻokele i nā pūʻulu o nā AIF nona nā waiwai ma lalo o ka hoʻokele hui ʻana ʻaʻole i ʻoi aku ma mua o kēia mau huina:
1) €100 miliona; or
2) €500 miliona no nā AIFM e hoʻokele wale ana i nā AIF i hoʻohana ʻole ʻia, ʻaʻohe kuleana hoʻōla e hoʻohana ʻia i loko o ʻelima mau makahiki mai ka hoʻokomo mua ʻana i kēlā me kēia AIF.
ʻAʻole hiki i kahi de minimis AIFM ke hoʻohana i nā kuleana passporting EU i loaʻa mai ke aupuni AIFMD.
Eia nō naʻe, hiki i kekahi AIFM nona nā waiwai i lalo o ka hoʻokele ʻana ma lalo o nā paepae ma luna aʻe, hiki ke koho i ka framework AIFMD. E hāʻawi kēia i nā kuleana āpau e pili ana i nā AIFM piha piha a hiki iā ia ke hoʻohana i nā kuleana passporting EU e loaʻa ana mai ka AIFMD.
Additional Information
Inā makemake ʻoe i kekahi ʻike hou aku e pili ana i nā PIF a me nā AIF ma Malta, e ʻoluʻolu e kamaʻilio me Jonathan Vassallo: ʻōlelo aʻo.malta@dixcart.com, ma ke keʻena Dixcart ma Malta a i ʻole i kāu contact Dixcart maʻamau.
