Hong Kong is a popular destination for wealth management due to its low tax rates for domestic and foreign investors alike. Its existing laws, developed by the Inland Revenue Department (IRD) essentially limit taxation on high-net-worth foreign residents and legal...
KNOWLEDGE CENTER
What Does it Mean: Luxembourg Securitization Law
The Bill of Law No. 7825 enumerates amendments to the Luxembourg Securitization Law of 2004. Changes made allow for greater flexibility in the structuring, financing, and repackaging of transactions for securitization funds and securitization companies, in particular...
A Guide to International Bank Accounts and How to Open One
An overseas bank account refers to a bank account you have in a country you don’t reside in. This type of bank account can be used for a host of financial transactions, including making and receiving payments, holding money, and establishing savings and investment...
A Brief Overview of the Luxembourg Fund Regime
Luxembourg is a leading financial hub within the European Union for financial services activities with strong connections with Asian and North American markets. The country is one of the most popular domiciles for investment finds in Europe and the second most ideal...
Luxembourg Securitization Vehicle: What Does it Mean?
The Law of 22 March 2004, also known as the Securitization Law contributes to the prestige of Luxembourg as a preferred domicile for foreign investors to host securitization transactions. The 2022 new securitization law creates more opportunities for international...
A Comprehensive Overview on Luxembourg Parallel Funds
At the heart of Europe is Luxembourg, the second largest fund domicile in the world. The country is highly appealing to foreign investors due to its firm reputation of excellence efficiency, flexibility, and highly professional fund industry. The Grand Duchy is also...
How to Set Up a Trading Company in Luxembourg
Setting up a Luxembourg trading company is identical to the holding company set up process, given that both company structures share many similarities. Despite this, both have their own unique features that distinguishes one from the other. Rather than operate...
Utilizing Investment Expertise about Luxembourg Feeder Funds for Family Offices, Institutional, and Private Investors
A master feeder fund functions as a special investment structure for pooling investment capital or subscriptions from multiple investors into a single vehicle referred to as the master fund. Often a limited partnership, a master feeder fund is used by hedge funds...
The Abolishment of Swiss Withholding Tax on Bond Interest Payments
On 17 December 2021, the Swiss Parliament moved forth to amend its Withholding Tax Act. To further reinforce the country’s debt capital market and boost its reputation as an attractive jurisdiction for group financial activities, authorities have agreed to abolish...
Soparfi: What Does it Mean?
Soparfi (Société de Participations Financières) is an unregulated commercial company (SARL, SA) governed by the general provisions of Luxembourg common laws and general tax regime. Why SOPARFI is so popular among investors? It is considered an excellent investment...