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Wealth management in Luxembourg
A presentation brought to you by StartLuxembourgFund.com
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Definition of wealth management in Luxembourg
Luxembourg is known as one of the most important wealth management centres in Europe. Wealth management in Luxembourg is comprised of a wide range of services for international clients handling complex businesses.
Wealth management services are strongly linked to investment funds available in Luxembourg.
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What is wealth management?
Wealth management in Luxembourg is a service which combines investment advice and financial advice, in matters such as retirement planning or investment in the real estate.
The service is provided by a wealth manager who acts in the best interest of his/her clients in order to provide the highest level of return on investment.
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Wealth management services in Luxembourg
Our experts in Luxembourg can offer assistance on the wealth management services offered on the local market, which are usually addressed to high net worth individuals.
Our representatives can also provide advice on how to invest in an investment fund in Luxembourg.
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Société de gestion de patrimoine familial –SPF >>
One of the most common forms of wealth management in Luxembourg is SPF (Société de gestion de patrimoine familial), known as the wealth management company.
The SPF benefits from a special tax regime and it can hold financial instruments, such as money or various assets.
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Société de gestion de patrimoine familial –SPF
A SPF manages the wealth of individuals on their behalf and it is incorporated according to the EU rules. The SPF is not allowed to perform any commercial activity.
The SPF is exempted of several taxes available here and our financial specialists in Luxembourg can offer more details on its tax system.
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Wealth planning in Luxembourg
Wealth planning in Luxembourg is comprised of the following structures: - SOPARFI (société de
participations financières);- SPF (Société de gestion de
patrimoine familial).
The SOPARFI is incorporated to optimize the management of a group of companies.
A SOPARFI can benefit from double tax treaties.
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SOPARFI in Luxembourg
A SOPARFI is a legal entity governed by the Law on commercial companies and it is taxed in accordance with the tax regime applicable to this type of business.
It can also benefit from the Parent- Subsidiary Directive, prescribed by the European Union. A SOPARFI is liable to corporate tax and value added tax.
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SOPARFI business activities The main activity of a SOPARFI company refers to holding and financial operations. However, the applicable legislation in this sense does not prescribe prohibited activities for a SOPARFI.
The financial documents of a SOPARFI have to be filed at the Trade Register, once the shareholders approve them.
SPF – legal entities
A SPF in Luxembourg can take the following business forms: - public limited company;- limited liability company.
Regardless of its legal entity, its trading name has to contain the abbreviation “SPF”.
It falls under the regulations of the law of Private Asset Management Companies.
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Shareholders of a SPF in Luxembourg
A SPF in Luxembourg can have the following shareholders: - natural persons, residents of
Luxembourg or foreigners;- family groups;- investors groups;- trusts;- private foundations.
Our team of consultants can offer more details on the SPF.
Thank you for your attention!
For more information please contact us at:
(+44)203-287 0408 (for international clients)
www.startluxembourgfund.com
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