FIDUCIARY
LUXEMBOURG - PARIS - GENÈVE
The form of the SPF, Luxembourg's private wealth management company, excludes all forms of partnerships. A Luxembourg SPF must be a SARL, SA, a cooperative or a corporate partnership limited by shares. A Luxembourg SPF cannot have any commercial activity and must be purely a holding, ...
The articles of incorporation of a Luxembourg SARL (limited liability company) must be signed before a public notary. A Luxembourg SARL (LLC) must have a minimum of one shareholder and a maximum of 40. They can be natural persons or moral personalities. Their liability is limited to the value ...
In order to make itself even more attractive as a financial center and to compete with legislation from Germany, Switzerland, Austria, Belgium and Holland, Luxembourg has added a highly anticipated inheritance planning instrument to its legislative arsenal, a tool which could be qualified as a ...
A convertible bond offers bondholders the possibility to convert their bond into shares (according to a predefined conversion rate, for example one bond for one share). Since convertible bonds allow bondholders to obtain company shares, the issuance of convertible bonds must follow the same ...
Selling a business includes selling the tangible and intangible assets which make up the business (brand, trade name, furniture, materials, installations, right to lease and clientele: the last point being the unifying element of business). In Luxembourg, selling a business occurs when the ...
A LUXEMBOURG SPF HOLDING (PRIVATE WEALTH MANAGEMENT COMPANY) IS EXEMPT FROM ALL TAXES (WITH THE EXCEPTION OF A SUBSCRIPTION TAX AT 0.25%) One of the conditions that a SPF company must satisfy to benefit from this unique tax system is to limit its business activities to the acquisition, ...
A partnership limited by shares (known as either SCA or SECA in Luxembourg) is a tool which is increasingly used in international tax planning operations, due to its original hybrid structure. These companies have certain characteristics of both a partnership and a corporation. There are two ...
Setting up a corporate branch in Luxembourg is carried out through private deed recorded in the Trade Register and published in the Memorial. A branch does not have its own share capital or own moral personality independent from the main company on which it depends. As a result, it cannot go ...
Expertise
Précis de droit comptable et aspects fiscaux
April 2023, publication of the new edition of the Précis de Droit Comptable, by Denis Colin, manager of the Fiduciaire LPG