Using legal templates that meet the federal and state laws is crucial, and the internet offers numerous options to pick from. But what’s the point in wasting time searching for the correctly drafted Liability Company Online With Variable Capital sample on the web if the US Legal Forms online library already has such templates accumulated in one place?
US Legal Forms is the largest online legal library with over 85,000 fillable templates drafted by attorneys for any business and life situation. They are simple to browse with all documents grouped by state and purpose of use. Our experts stay up with legislative updates, so you can always be sure your paperwork is up to date and compliant when acquiring a Liability Company Online With Variable Capital from our website.
Getting a Liability Company Online With Variable Capital is easy and quick for both current and new users. If you already have an account with a valid subscription, log in and download the document sample you require in the right format. If you are new to our website, follow the instructions below:
All documents you find through US Legal Forms are multi-usable. To re-download and complete earlier purchased forms, open the My Forms tab in your profile. Take advantage of the most extensive and easy-to-use legal paperwork service!
The Variable Capital Company (VCC) is a corporate entity structure under which several collective investment schemes (whether open-end or closed-end) may be gathered under the umbrella of a single corporate entity and yet remain ring-fenced from each other.
Setting Up a VCC Introduction. Registering a VCC name. Determining the VCC type. Appointing Directors, Company Secretary and Other Key Persons. Registered Office Address and Constitution. Incorporating a new VCC. Registration of Sub-fund(s) for an Umbrella VCC. VCC Filing Fees.
The VCC capital must always be equal to its net assets. It must have a Singapore-based licensed or regulated fund manager (unless an exemption has been obtained from the relevant authorities). The VCC must have its office registered in Singapore and must appoint a Singapore-based company secretary.
Comparison with existing legal structures: a limited partnership requires at least one general partner who shall be personally liable for all the debts and obligations of the limited partnership. A VCC can hold property, sue and be sued in its own name.
A VCC has a variable capital structure that provides flexibility in the issuance and redemption of its shares. It can also pay dividends out of capital, which gives fund managers flexibility to meet dividend payment obligations.