Comparison of Funds - Dubai
Posted 01/04/2010 • Under Legal Memoranda
This memorandum has been prepared for the assistance of those who are considering the formation of a mutual fund in an offshore jurisdiction such as Bermuda, the British Virgin Islands (“BVI”), the Cayman Islands (“Cayman”), or Mauritius.
This memorandum deals in broad terms with the requirements of each jurisdiction for the establishment and operation of a mutual fund. It is not intended to be exhaustive, but merely to provide brief details and information, which, we hope, will be of use to our clients. We have separate memoranda dealing with each jurisdiction, which can be provided upon request. We recommend that our clients seek legal advice in relation to each jurisdiction on their specific proposals before taking steps to implement them.

