What is the minimum share capital for a SICAV/SICAF in Luxembourg?
The SICAV and the SICAF in Luxembourg have the same registration requirements in terms of the company’s minimum share capital. In this case, the investors who want to set up a SICAV or a SICAF in Luxembourg will need to deposit a minimum of EUR 1.25 million in a period of six months since CSSFprovided its consent for the registration of the fund. This regulation is applicable if the fund is registered as an UCITS fund. If the fund is set up as a SIF, the investors will need to provide the same minimum share capital, but they may deposit it in a period of 12 months.