The Luxembourg Family Wealth Management Company (SPF) is a dedicated investment vehicle for holding and managing an individual, family, or group financial assets, such as bonds, cash, currencies, derivatives, equities, futures, precious metals, options, savings,...
Despite its relatively small size, Luxembourg is one of the world’s largest financial centers. With more than €4.8 trillion in total assets in management, it’s not surprising that international investors, both private and institutional, flock to the Grand Duchy to...
The introduction of the Reserved Alternative Investment Fund (RAIF) regime on 23 July 2016 is yet another huge step towards boosting the attractiveness of Luxembourg as an investment fund and asset management jurisdiction, as per Directive 2011/61/EU relating to the...
The Luxembourg holding and finance company also called "Soparfi" is categorized as an ordinary commercial company governed by Luxembourg’s common law, specifically the 1916 Law that delineates the provisions imposed on commercial entities. Due to its inherent nature,...
Business aviation is a highly complex and regulated sector. Apart from essential funding, there are jurisdictional, operational, regulatory, tax, and capital treatment factors to consider. At the same time, activities such as operational costs and technology...
The EU Parent-Subsidiary Directive primarily aims to eliminate double taxation for subsidiaries and parent companies incorporated in EU Member States. Avoid double taxation of income for large shareholders By rule, large shareholdings are assessed with tax on income...
On 28 July 2016, the new law of 23 July 2916 delineating the Reserved Alternative Investment Fund (RAIF) was published in Luxembourg’s Official Journal. This was implemented following the law’s adoption by the Luxembourg Parliament. The Reserved Alternative Investment...
Many foreign investors decide to set up a company in Hong Kong due to various reasons. For one, the strategic location of Hong Kong have made it a popular destination for elite and emerging markets. It is a major business hub as it paves the way for entrepreneurs and...
Luxembourg’s Budget Law of 19 December 2020, or the Budget Law of 2021, enacted several changes to the country’s tax regime. Under the Budget Law of 2021, Article 11 or the SPF Law was modified and confirms that a Private Wealth Management Company is not allowed to...
A marine vessel such as a yacht is a substantial asset for any private investor or company. With this in mind, it is imperative to obtain the expertise of a professional with the experience and in-depth understanding in the acquisition and management of luxury...
