Crypto Fund Lawyers in Gibraltar

Gibraltar stands as a premier global destination for setting up crypto funds, offering a solid regulatory framework, efficiency and flexibility, which investors and fund managers often appreciate. As the world’s first jurisdiction to regulate distributed ledger technology (DLT) and blockchain, Gibraltar is a highly sought-after area for setting up a crypto fund. The dedicated funds team at Hassans is best positioned to offer you the best possible advice and recommendations to set up a Gibraltar crypto fund legally, efficiently, and effectively.

Setting Up a Crypto Fund in Gibraltar

At Hassans, our dedicated crypto fund lawyers in Gibraltar will help you set up and manage an EIF legally and compliantly. Led by Partner Aaron Payas, our specialist team combines unmatched knowledge of evolving and complex cryptocurrency regulations, with proven experience in fund structuring, ensuring your cryptocurrency operations meet the highest possible standards while capitalising on the competitive, tax-efficient advantages of this region.

Our crypto fund services encompass every aspect of fund establishment and ongoing operations, including (but not limited to):

• Ensuring your fund meets all necessary GFSC (Gibraltar Financial Services Commission) and DLT compliance requirements
• Preparing an offering memorandum
• Appointing trusted, local EIF crypto fund directors, auditors and administrators
• Setting up bank accounts with crypto exchanges and custodians

Benefits of Gibraltar Crypto Funds

Regulatory Flexibility

Gibraltar established the world’s first regulatory framework for DLT businesses and maintains its position as the third preferred jurisdiction globally for crypto hedge funds, behind only the Cayman Islands and British Virgin Islands. This regulatory maturity provides crypto fund managers with legal certainty unavailable in most other countries.

Speed and Efficiency

Launching an EIF in Gibraltar offers unparalleled speed to market with minimal regulatory pre-approval from the GFSC. This eliminates regulatory downtime and allows rapid entry to market, and is a tremendous advantage in capitalising on market opportunities.

Diverse Structures

Gibraltar’s flexible approach accommodates diverse crypto fund operations through multiple structures:

• Regulated EIFs: Perfect for sophisticated crypto investors with professional oversight
• Protected Cell Companies (PCCs): Enabling segregation of assets and liabilities between different subdivisions, with each cell serving as a sub-fund with separate investment strategies
• Limited Partnerships: Offering partnership flexibility for crypto fund operations
• Protected Cell Limited Partnerships (PCLPs): Combining segregated cells with partnership structures

For more information about the types of fund structures we offer, please refer to our Gibraltar funds page.

Tax Neutrality 

Gibraltar’s tax-neutral environment eliminates the need for capital gains tax (CGT) and value-added tax (VAT), whilst offering transparent fund structures that optimise investor returns. This taxation framework proves particularly attractive for crypto fund operations dealing with volatile digital assets.

Not Bound By AIFMD 

Following the UK’s withdrawal from the European Union (EU), Gibraltar operates outside the EU’s Alternative Investment Fund Managers Directive (AIFMD), bypassing the €100m/€500m thresholds and providing crypto fund managers with greater regulatory freedom. Gibraltar is a sophisticated common-law jurisdiction within the European time zone, making it handy for discerning crypto fund owners.

Hassans’ Crypto Fund Services

Choosing Hassans as your cryptocurrency lawyers in Gibraltar gives you access to a premium, tailored and comprehensive service that you won’t find matched anywhere else in the jurisdiction.

Crypto Fund Setup

Our crypto solicitors guide you through every aspect of setting up your fund, from selecting the ideal structure to preparing comprehensive offering memoranda. We handle incorporation, regulatory registration, and establishment of operational frameworks tailored to your investment strategy.

Crypto Fund Administration

We facilitate connections with experienced crypto fund administrators who understand the unique requirements of digital asset management, including custody arrangements, NAV calculations, investor reporting, compliance monitoring, and anti-money laundering (AML) procedures pertaining to crypto operations.

Service Provider Network

Setting up crypto funds in Gibraltar requires the involvement of specialist service providers that we have access to via our extensive network. This includes qualified crypto fund administrators with DLT expertise, auditors capable of crypto asset valuation, custodians with security clearance, and approved banking partners.

How Long Does It Take to Set Up a Gibraltar Crypto Fund?

Crypto fund setup in Gibraltar typically takes between 6 and 8 weeks, during which our team provides comprehensive project management from conception to launch. We work closely with fund managers to ensure efficient and timely setup whilst maintaining the highest standards of compliance without letting quality slip.

Set Up Your Crypto Fund Today

Contact Aaron Payas at aaron.payas@hassans.gi to discuss your requirements and discover how Gibraltar’s leading crypto fund lawyers can support your success.