Investor Presentaiton
Investment
management and funds
As of 31 December 2021, according to CNB statistics, the Czech
market was represented by 466 investment funds domiciled in
the Czech Republic. In addition, 1.934 foreign investment funds
are registered for public offer in the Czech Republic.
Investment funds may take the following legal forms:
mutual fund
.
•
trust fund
joint-stock company
• investment company with variable capital (société
d'investissement à capital variable)
TAXATION OF INVESTMENT FUNDS
Investment funds qualifying as so-called basic investment
funds are subject to income tax at a rate of 5%. This rate does
not apply to certain types of income, e.g., received foreign
dividends that are subject to 15% taxation. The non-qualifying
funds are taxed at the standard 19% income tax rate.
•
limited partnership
•
limited liability company
•
European company.
Generally, minimum fund capital of EUR 125 thousand is
required. A notification duty to the CNB only applies to
special investment funds not fulfilling these requirements.
However, every fund's asset manager must have the approval
of the CNB. Supervision of the investment fund market is
handled by the CNB.
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