Registration of Corporate (CIF) and Mutual (MIF) Investment Funds in Ukraine

Investment funds are powerful tools for raising capital, optimizing investment strategies, and protecting assets. In Ukraine, the most common types are Corporate Investment Funds (CIFs) and Mutual Investment Funds (MIFs). Their registration and operation are strictly regulated and require professional legal support.

The Legal and Real Estate Association of Ukraine offers comprehensive services for CIF and MIF registration, helping clients through all stages of setup and licensing.

What Are CIF and MIF – Key Differences

• CIF is a legal entity structured as a joint-stock company. Investors own shares of the fund

• MIF is not a legal entity; it pools investors’ capital under the management of an Asset Management Company (AMC), and investors hold units (certificates)

Both fund types can be open-ended, interval, or closed-end depending on redemption rules.

Steps for CIF and MIF Registration

1. Drafting Founding Documents

• For CIF: charter, investment declaration, founders’ decisions

• For MIF: fund rules, AMC agreement

2. State Registration

• CIF is registered as a joint-stock company

• MIF is registered through the AMC

3. Registration with the NSSMC

Submission of documents to the National Securities and Stock Market Commission to obtain CII status

4. Asset Management License

The AMC must obtain a license to manage CIF or MIF funds

5. Issuance and Placement of Units or Shares

Registration and placement of investment certificates (MIF) or shares (CIF)

Our Legal Support Services Include

• Consultation on the optimal type of fund based on your goals

• Drafting documents in compliance with NSSMC requirements

• Full support with registration and licensing

• AMC operational and compliance assistance

• Legal handling of issuance and placement of units or shares

Advantages of Investment Fund Registration in Ukraine

• Legal protection of investments

• Favorable tax regime

• Flexibility in investment management

• Access to capital through structured investment tools

Contact Us

We will help you register your CIF or MIF quickly, legally, and efficiently