{"id":10185,"date":"2025-09-20T16:33:16","date_gmt":"2025-09-20T14:33:16","guid":{"rendered":"https:\/\/modernipravnik.cz\/?p=10185"},"modified":"2026-07-27T08:18:02","modified_gmt":"2026-07-27T06:18:02","slug":"setting-up-15-zisif-fund","status":"publish","type":"post","link":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/","title":{"rendered":"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic"},"content":{"rendered":"<h1 style=\"text-align: center;\"><strong>How to Set Up a&nbsp;minifund in the Czech Republic and Manage Up to &euro;500\u00a0Million<\/strong><\/h1>\n<p><em>Under Section 15\u00a0of the Czech Investment Companies and Investment Funds Act (&sect; 15\u00a0ZISIF), qualified and non-qualified investors alike can swiftly set up a\u00a0private alternative investment fund (&ldquo;<strong>minifund<\/strong>&rdquo;) with assets up to &euro;500\u00a0million, enjoying streamlined registration and flexible capital-raising instruments - so long as the fund remains closed to public offerings and limits non-qualified participants.<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong>In this article you will learn:&nbsp; <\/strong><\/p>\n<ul>\n<li>The two core requirements for establishing a&nbsp;minifund in the Czech Republic<\/li>\n<li>The step-by-step CNB registration process and timeline<\/li>\n<li>The limits on non-qualified investors (max. 20) and assets under management (&euro;500\u00a0million or &euro;100\u00a0million with leverage)<\/li>\n<li>Which capital-raising instruments you can use (investment shares, bonds, hybrids, derivatives)<\/li>\n<li>How to form the management entity, file with the CNB, and obtain an LEI<\/li>\n<li>The advantages and potential pitfalls of running a\u00a0&ldquo;light&rdquo; alternative fund<\/li>\n<li>Ideal use cases: family offices, private investor clubs, and professional investor groups<\/li>\n<\/ul>\n<p><strong>&nbsp;<\/strong><\/p>\n<h2><strong>Overview of &sect; 15\u00a0ZISIF funds<\/strong><\/h2>\n<p>Section 15\u00a0ZISIF funds - often called &ldquo;light alternative investment funds&rdquo; or &ldquo;minifunds&rdquo; - offer a\u00a0lightly regulated vehicle ideal for family offices, private clubs, and professional investor groups. Unlike fully licensed mutual funds, &sect; 15\u00a0funds are only registered (not licensed therefore faster) by the Czech National Bank (\u010cNB), enabling faster setup, reduced ongoing oversight, and broad investment flexibility.<\/p>\n<p>&nbsp;<\/p>\n<h4><strong>Why to establish minifund? It is way more practical than classic fund.<\/strong> <strong>Advantages and Considerations<\/strong><\/h4>\n<p><strong>Advantages<\/strong>:&nbsp;<\/p>\n<ul>\n<li><strong>Speed and Efficiency:<\/strong> Registration (not licensing) accelerates market entry.<\/li>\n<li><strong>Reduced Compliance Burden:<\/strong> No ongoing \u010cNB supervision beyond registration and annual reporting.<\/li>\n<li><strong>Strategic Flexibility:<\/strong> Broad toolkit of capital-raising and investment vehicles.<\/li>\n<li><strong>Super low maintenance fees<\/strong>, accountancy and \u010cNB (regulator) reporting in comparison to classic invest fund or even runed by investment company as a\u00a0service that usually cost at least 40.000 &euro; yearly.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Considerations<\/strong>:&nbsp;<\/p>\n<ul>\n<li><strong>Investor Protection:<\/strong> Non-qualified participants have limited safeguards - full disclosure and risk awareness are essential.<\/li>\n<li><strong>Asset Limits:<\/strong> Exceeding &euro;500\u00a0million (or &euro;100\u00a0million with leverage or sooner paid then in 5\u00a0years) triggers full licensing requirements.<\/li>\n<li><strong>Private Placement Discipline:<\/strong> Robust procedures must ensure no unintended public offering.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h2><strong>Two Core Conditions<\/strong><\/h2>\n<p>All minifunds must adhere to <strong>two fundamental restrictions<\/strong>:<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1. No Public Offering<\/strong><\/p>\n<p>Fund interests cannot be marketed or sold to the public. Capital must be raised through private placement to a\u00a0closed circle of investors.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2. Investor and Asset Limits<\/strong><\/p>\n<ul>\n<li>Maximum of 20\u00a0non-qualified (retail) investors. Non-qualified investor invests less the 125.000 &euro;.<\/li>\n<li>Aggregate assets under management must not exceed &euro;500\u00a0million, or &euro;100\u00a0million if any leverage or sooner paid outcome then 5\u00a0years is employed.<\/li>\n<\/ul>\n<p>These limits ensure that non-professional participants are protected and that regulators maintain a\u00a0clear view of smaller, privately held funds.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Step-by-Step Setup Process<\/strong><\/h2>\n<p><strong>Important<\/strong>: You can do all this really fast using our legal services. <strong>Contact us for FREE consultation.<\/strong> Prices of mini fund starts on 8.000 &euro; plus VAT. Terms and conditions apply.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>1. Form the Management Entity <\/strong><\/p>\n<p>Establish a\u00a0Czech limited liability company (s.r.o.) or joint-stock company (a.s.) as the fund manager.&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><strong>2. Prepare with us Fund Documentation <\/strong><\/p>\n<ul>\n<li>Draft the fund&rsquo;s investment strategy and rules, update company status, AML procedures, internal control mechanism scheme etc.<\/li>\n<li>Create investment agreements and investor questionnaires. Qualified and non-qualified investors need different approach.<\/li>\n<li>Compile required exhibits (e.g., risk-management procedures),<\/li>\n<li>Do it all with us your stable and experienced legals. We will guide you through all the procedure and provide you long term fund compliance and management if wanted.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>3. Submit Registration to \u010cNB <\/strong><\/p>\n<ul>\n<li>File electronically - via data box or \u010cNB&rsquo;s e-submission portal - in Czech.<\/li>\n<li>Include all mandated information and registration fee (10.000\u00a0CZK).<\/li>\n<li>\u010cNB generally registers in five business days, issuing a\u00a0simple entry in its public register.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>4. Obtain LEI (If Trading on Exchanges) <\/strong><\/p>\n<p>A\u00a0Legal Entity Identifier is required for any secondary trading or brokerage connectivity.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>5. Implement Ongoing Procedures <\/strong><\/p>\n<ul>\n<li>Establish separate accounting for each investor class.<\/li>\n<li>Finalize internal policies and risk-control systems within 60\u00a0days.<\/li>\n<li>File an annual report with \u010cNB.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong><u>Total setup time<\/u><\/strong><strong>:<\/strong> Approximately 3-4\u00a0weeks from incorporation to registration.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Capital-Raising Instruments and Strategies<\/strong><\/h2>\n<p>Minifund&nbsp;can deploy a\u00a0wide array of instruments:<\/p>\n<ul>\n<li><strong>Investment Shares:<\/strong> Issue redeemable or non-redeemable shares tailored to investor classes.<\/li>\n<li><strong>Debt Securities:<\/strong> Structure bonds or debentures for fixed-income profiles.<\/li>\n<li><strong>Hybrid Instruments:<\/strong> Combine equity and debt features to meet bespoke investor needs.<\/li>\n<li><strong>Derivatives and Structured Products:<\/strong> Hedge or leverage exposures within regulatory limits.<\/li>\n<\/ul>\n<p>This flexibility empowers fund managers to design strategies suited to real estate, private debt, venture capital, distressed assets, or cross-border opportunities.<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Ideal Use Cases<\/strong><\/h2>\n<ul>\n<li><strong>Family Offices:<\/strong> Centralize multi-generation wealth management under one private fund.<\/li>\n<li><strong>Professional Investor Clubs:<\/strong> Pool capital for real-estate development, private equity, or infrastructure projects.<\/li>\n<li><strong>Niche Strategies: <\/strong>Launch specialized sub-funds for sectors such as mezzanine finance, renewable energy, or emerging markets - <strong>super low maintenance fees<\/strong>, accountancy and \u010cNB (regulator) reporting in comparison to classic invest fund or even runed by investment company as a\u00a0service that usually cost at least 40.000 &euro; yearly.<\/li>\n<\/ul>\n<p>By capping non-qualified investors at 20\u00a0and total AUM at &euro;100\u00a0to &euro;500\u00a0million,&nbsp;minifund strikes the right balance between exclusivity and scale.<\/p>\n<p>With minimal red tape and powerful structuring options, a&nbsp;minifond is an accessible, cost-effective vehicle for managing substantial assets in the Czech Republic - perfect for family offices, expert investor groups, and bespoke capital-raising ventures.<\/p>\n<p><strong>Always consult with us, your legal expert in financial regulation, before launching any fund. Incorrect classification can lead to severe fines or project shutdown by regulators and problems.<\/strong><\/p>\n<p><strong>&nbsp;<\/strong><\/p>\n<p><strong>Author: <\/strong>Mgr.\u00a0Petr Uklein<\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Searching for&nbsp;minifund experts? You are on the right place, contact us and ask for FREE consultation on your fund NOW<\/strong><\/h2>\n\n\n<p class=\"wp-block-paragraph\">\n        <div class=\"cta-form__wrapper\">\n            <div class=\"cta-form__grid\">\n                <div class=\"cta-form__info\">\n\n<div class=\"contact-container\">\n    <div class=\"contact-left\">\n<h3> <strong>Napi\u0161te na\u0161im odborn\u00edk\u016fm, pom\u016f\u017eeme v\u00e1m!  <\/strong><\/h3>\n        <div class=\"lawyers\">\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2024\/12\/Petr-Uklein-Grey.jpg\" alt=\"Advokat 1\">\n                <span class=\"status\"><\/span>\n            <\/div>\n\n\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2026\/01\/Matej-Sedivy.png\" alt=\"Advokat 2\">\n                <span class=\"status\"><\/span>\n            <\/div>\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2024\/12\/Barbora-Janackova-grey3.jpg\" alt=\"Advokat 3\">\n                <span class=\"status\"><\/span>\n            <\/div>\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2026\/01\/martin-1.png\" alt=\"Advokat 4\">\n                <span class=\"status\"><\/span>\n            <\/div>\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2026\/01\/radka-1.png\" alt=\"Advokat 5\">\n                <span class=\"status\"><\/span>\n            <\/div>\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2026\/01\/image.png\" alt=\"Advokat 6\">\n                <span class=\"status\"><\/span>\n            <\/div>\n            <div class=\"lawyer\">\n                <img decoding=\"async\" src=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2026\/01\/ruta.png\" alt=\"Advokat 7\">\n                <span class=\"status\"><\/span>\n            <\/div>\n        <\/div>\n<div class=\"form-descr\">\nNev\u00e1hejte se s\u00a0n\u00e1mi pod\u011blit o\u00a0svou situaci a\u00a0stru\u010dn\u011b popsat, s\u00a0\u010d\u00edm v\u00e1m m\u016f\u017eeme pomoci. Sd\u011blte n\u00e1m, jak v\u00e1s m\u016f\u017eeme nejl\u00e9pe kontaktovat, a\u00a0n\u00e1\u0161 t\u00fdm se v\u00e1m obratem ozve s\u00a0n\u00e1vrhem \u0159e\u0161en\u00ed. Pro va\u0161i lep\u0161\u00ed orientaci doporu\u010dujeme se p\u0159edem sezn\u00e1mit s\u00a0na\u0161\u00edm <a href=\"https:\/\/modernipravnik.cz\/en\/cenik\/\"><strong>price list<\/strong><\/a> Services.\n<\/div>\n\n        <div class=\"contact-info\">\n            \n<strong> Po-P\u00e1: 9:00 -18:00 <\/strong>\n            <p class=\"email\"><a href=\"mailto:info@modernipravnik.cz\">info@modernipravnik.cz<\/a><\/p>\n<a href=\"tel:+420732394849\">\n<p class=\"phone\">\ud83d\udcde (+420) 732 394 849 <span><\/span><\/p><\/a>\n\n\n        <\/div>\n    <\/div>\n\n \n<\/div>\n\n<\/div>\n                <div class=\"cta-form__form\">\n            <link rel=\"stylesheet\" href=\"https:\/\/modernipravnik.cz\/chatbot\/cf\/cf.css\"><form class=\"mp-contact-form\" action=\"https:\/\/modernipravnik.cz\/chatbot\/cf\/cf-lead.php\" method=\"post\" novalidate data-trp-original-action=\"https:\/\/modernipravnik.cz\/chatbot\/cf\/cf-lead.php\"><input type=\"text\" name=\"mp_kontrola\" class=\"mp-cf-hp\" tabindex=\"-1\" autocomplete=\"off\" aria-hidden=\"true\"><input type=\"hidden\" name=\"page\" value=\"\"><div class=\"mp-cf-row\"><input type=\"text\" name=\"first_name\" placeholder=\"Jm\u00e9no\" required><input type=\"text\" name=\"last_name\" placeholder=\"P\u0159\u00edjmen\u00ed\" required><\/div><input type=\"tel\" name=\"phone\" placeholder=\"Phone\" required><input type=\"email\" name=\"email\" placeholder=\"E-mail\" required><textarea name=\"message\" placeholder=\"Stru\u010dn\u011b popi\u0161te, s \u010d\u00edm v\u00e1m m\u016f\u017eeme pomoci\"><\/textarea><label class=\"mp-cf-consent\"><input type=\"checkbox\" name=\"consent\" required> I consent to the processing of my personal data for the purpose of handling my inquiry.<\/label><div class=\"cf-turnstile\" data-sitekey=\"0x4AAAAAADtQojXXLQXxojB1\" data-size=\"flexible\" style=\"margin:6px 0 14px\"><\/div><button type=\"submit\">Odeslat<\/button><div class=\"mp-cf-status\" role=\"status\" aria-live=\"polite\"><\/div><input type=\"hidden\" name=\"trp-form-language\" value=\"en\"\/><\/form><script src=\"https:\/\/modernipravnik.cz\/chatbot\/cf\/cf.js?v=1792426575\" defer><\/script>\n        <\/div>\n            <\/div>\n        <\/div>\n<style>\n.cta-form__wrapper {\n    margin: 40px 0;\n    background: #f2f2f2;\n    padding: 30px;\n    border-radius: 10px;\n}\n.cta-form__grid {\n    display: flex;\n    flex-wrap: wrap;\n    gap: 30px;\n    justify-content: space-between;\n}\n.cta-form__info {\n    flex: 1 1 48%;\n}\n.cta-form__form {\n    flex: 1 1 48%;\n    background: #fff;\n    padding: 20px;\n    border-radius: 10px;\n}\n\/* \u041c\u043e\u0431\u0438\u043b\u043a\u0438: 100% \u0448\u0438\u0440\u0438\u043d\u044b \u0438 \u0443\u0431\u0438\u0440\u0430\u0435\u043c \u0432\u043d\u0443\u0442\u0440\u0435\u043d\u043d\u0438\u0435 \u043f\u0430\u0434\u0434\u0438\u043d\u0433\u0438 *\/\n@media (max-width: 768px) {\n    .cta-form__wrapper {\n        padding: 0;\n        background: transparent;\n    }\n    .cta-form__grid {\n        flex-direction: column;\n        gap: 0;\n    }\n    .cta-form__info, .cta-form__form {\n        flex: 1 1 100%;\n        padding: 20px;\n        border-radius: 0;\n    }\n}\n<\/style><\/p>","protected":false},"excerpt":{"rendered":"<p>Learn how to quickly launch a\u00a0private \u00a7 15\u00a0ZISIF alternative investment fund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500\u00a0million under simple rules. Let\u00b4s have a\u00a0look at \u00a7 15\u00a0ZISIF funds!<\/p>","protected":false},"author":754,"featured_media":12993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1586,1584],"tags":[1771,1780,1775,1782,1773,1777],"class_list":["post-10185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-for-investors","tag-15-zisif","tag-alternative-investment-fund","tag-asset-management","tag-cnb-registration","tag-fund","tag-investment-shares"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Investment minifund - mini version that allows you to raise funds<\/title>\n<meta name=\"description\" content=\"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investment minifund - mini version that allows you to raise funds\" \/>\n<meta property=\"og:description\" content=\"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"Modernipravnik.cz\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/modernipravnik\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-09-20T14:33:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-07-27T06:18:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"627\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mgr. Petr Uklein\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mgr. Petr Uklein\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/\"},\"author\":{\"name\":\"Mgr. Petr Uklein\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#\\\/schema\\\/person\\\/8ae49966cd08e5dd5ee974f58dccc5e5\"},\"headline\":\"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic\",\"datePublished\":\"2025-09-20T14:33:16+00:00\",\"dateModified\":\"2026-07-27T06:18:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/\"},\"wordCount\":980,\"publisher\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/pexels-photo-6804068.jpeg\",\"keywords\":[\"\u00a715 ZISIF\",\"alternative investment fund\",\"asset management\",\"CNB registration\",\"fund\",\"investment shares\"],\"articleSection\":[\"BUSINESS\",\"FOR INVESTORS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/\",\"url\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/\",\"name\":\"Investment minifund - mini version that allows you to raise funds\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/pexels-photo-6804068.jpeg\",\"datePublished\":\"2025-09-20T14:33:16+00:00\",\"dateModified\":\"2026-07-27T06:18:02+00:00\",\"description\":\"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#primaryimage\",\"url\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/pexels-photo-6804068.jpeg\",\"contentUrl\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2025\\\/09\\\/pexels-photo-6804068.jpeg\",\"width\":940,\"height\":627,\"caption\":\"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/en\\\/blog\\\/setting-up-15-zisif-fund\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Dom\u016f\",\"item\":\"https:\\\/\\\/modernipravnik.cz\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#website\",\"url\":\"https:\\\/\\\/modernipravnik.cz\\\/\",\"name\":\"Modernipravnik.cz\",\"description\":\"Pravni pomoc online\",\"publisher\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/modernipravnik.cz\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#organization\",\"name\":\"ModerniPravnik.cz - Advok\u00e1tn\u00ed, \u00fa\u010detn\u00ed a da\u0148ov\u00e1 kancel\u00e1\u0159\",\"url\":\"https:\\\/\\\/modernipravnik.cz\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/mp-logo-white-1.png\",\"contentUrl\":\"https:\\\/\\\/modernipravnik.cz\\\/wp-content\\\/uploads\\\/2024\\\/12\\\/mp-logo-white-1.png\",\"width\":1536,\"height\":490,\"caption\":\"ModerniPravnik.cz - Advok\u00e1tn\u00ed, \u00fa\u010detn\u00ed a da\u0148ov\u00e1 kancel\u00e1\u0159\"},\"image\":{\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/modernipravnik\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/prvn-poradna-zeptejte-se-modernipravnik-cz\\\/?originalSubdomain=cz\",\"https:\\\/\\\/www.youtube.com\\\/@modernipravnik\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/modernipravnik.cz\\\/#\\\/schema\\\/person\\\/8ae49966cd08e5dd5ee974f58dccc5e5\",\"name\":\"Mgr. Petr Uklein\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g\",\"caption\":\"Mgr. Petr Uklein\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Investment minifund - mini version that allows you to raise funds","description":"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/","og_locale":"en_US","og_type":"article","og_title":"Investment minifund - mini version that allows you to raise funds","og_description":"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?","og_url":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/","og_site_name":"Modernipravnik.cz","article_publisher":"https:\/\/www.facebook.com\/modernipravnik\/","article_published_time":"2025-09-20T14:33:16+00:00","article_modified_time":"2026-07-27T06:18:02+00:00","og_image":[{"width":940,"height":627,"url":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg","type":"image\/jpeg"}],"author":"Mgr. Petr Uklein","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Mgr. Petr Uklein","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#article","isPartOf":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/"},"author":{"name":"Mgr. Petr Uklein","@id":"https:\/\/modernipravnik.cz\/#\/schema\/person\/8ae49966cd08e5dd5ee974f58dccc5e5"},"headline":"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic","datePublished":"2025-09-20T14:33:16+00:00","dateModified":"2026-07-27T06:18:02+00:00","mainEntityOfPage":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/"},"wordCount":980,"publisher":{"@id":"https:\/\/modernipravnik.cz\/#organization"},"image":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg","keywords":["\u00a715 ZISIF","alternative investment fund","asset management","CNB registration","fund","investment shares"],"articleSection":["BUSINESS","FOR INVESTORS"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/","url":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/","name":"Investment minifund - mini version that allows you to raise funds","isPartOf":{"@id":"https:\/\/modernipravnik.cz\/#website"},"primaryImageOfPage":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#primaryimage"},"image":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#primaryimage"},"thumbnailUrl":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg","datePublished":"2025-09-20T14:33:16+00:00","dateModified":"2026-07-27T06:18:02+00:00","description":"How to quickly launch private minifund in the Czech Republic, register with the CNB, and manage assets up to \u20ac500 million?","breadcrumb":{"@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#primaryimage","url":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg","contentUrl":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2025\/09\/pexels-photo-6804068.jpeg","width":940,"height":627,"caption":"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic"},{"@type":"BreadcrumbList","@id":"https:\/\/modernipravnik.cz\/en\/blog\/setting-up-15-zisif-fund\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Dom\u016f","item":"https:\/\/modernipravnik.cz\/"},{"@type":"ListItem","position":2,"name":"Establish \u00a7 15\u00a0ZISIF Funds in the Czech Republic"}]},{"@type":"WebSite","@id":"https:\/\/modernipravnik.cz\/#website","url":"https:\/\/modernipravnik.cz\/","name":"Modernipravnik.cz","description":"Pravni pomoc online","publisher":{"@id":"https:\/\/modernipravnik.cz\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/modernipravnik.cz\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/modernipravnik.cz\/#organization","name":"ModerniPravnik.cz - Advok\u00e1tn\u00ed, \u00fa\u010detn\u00ed a da\u0148ov\u00e1 kancel\u00e1\u0159","url":"https:\/\/modernipravnik.cz\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/modernipravnik.cz\/#\/schema\/logo\/image\/","url":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2024\/12\/mp-logo-white-1.png","contentUrl":"https:\/\/modernipravnik.cz\/wp-content\/uploads\/2024\/12\/mp-logo-white-1.png","width":1536,"height":490,"caption":"ModerniPravnik.cz - Advok\u00e1tn\u00ed, \u00fa\u010detn\u00ed a da\u0148ov\u00e1 kancel\u00e1\u0159"},"image":{"@id":"https:\/\/modernipravnik.cz\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/modernipravnik\/","https:\/\/www.linkedin.com\/company\/prvn-poradna-zeptejte-se-modernipravnik-cz\/?originalSubdomain=cz","https:\/\/www.youtube.com\/@modernipravnik"]},{"@type":"Person","@id":"https:\/\/modernipravnik.cz\/#\/schema\/person\/8ae49966cd08e5dd5ee974f58dccc5e5","name":"Mgr. Petr Uklein","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ab6b8eef616376a9e7759fb2baaf375b111b832b05b6583009a81b075a47e400?s=96&d=mm&r=g","caption":"Mgr. Petr Uklein"}}]}},"_links":{"self":[{"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/posts\/10185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/users\/754"}],"replies":[{"embeddable":true,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/comments?post=10185"}],"version-history":[{"count":1,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/posts\/10185\/revisions"}],"predecessor-version":[{"id":12465,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/posts\/10185\/revisions\/12465"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/media\/12993"}],"wp:attachment":[{"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/media?parent=10185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/categories?post=10185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modernipravnik.cz\/en\/wp-json\/wp\/v2\/tags?post=10185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}