Fund Compliance

If you fall out of compliance you are going to have VERY unhappy investors and put your project in jeopardy. The current rules for opportunity zones and opportunity funds are complex and they are not going to get any simpler in the future. More reporting requirements, more compliance testing, more government red tape and paper work.  These are things you can count on going forward in the opportunity zone world. Gateway Opportunity Funds can take this burden off of you so you can concentrate on making your project successful. Our management team and advisors are uniquely qualified to provide full compliance services to assure your fund meets all current and future regulations.

Here are just some of items we can provide for your fund:

• Preparation of Form 8996, Qualified Opportunity Fund, to establish certification as a QOF
• Biannual testing at the QOF level to ensure compliance with all opportunity zone regulations
• Biannual testing of underlying qualified opportunity zone business investments to ensure compliance with all opportunity zone regulations
• Any current and future Treasury reporting requirements – to be determined – Upon release of future Treasury reporting guidelines
• Tracking of OZ funds for compliance and timing purposes including distribution analysis to remain in compliance with program
• Asset testing to determine both the QOF and QOZB are in compliance with QOZ Asset Limits