News

What service are you looking for?

Please select from the below options

Investor(s)

Submit your details

One of our advisors will be in contact to discuss your requirements in further detail.






All your personal information will strictly be used by Creatrust for professional purposes. To access, modify, rectify and delete your data, please contact Creatrust at: 2C, Parc d’Activités – L-8308 Capellen - G.D. Luxembourg

14 September 2015

SLPs show Luxembourg remains at the forefront of financial innovation

Luxembourg has long been at the forefront when it comes to providing intelligent legislation in the financial services, securitisation and wealth protection sectors.

Indeed, it was the first nation to transpose the Undertakings for Collective Investment in Transferable Securities (UCITS) into law, a quarter of a century ago, and even today continues to lead the way.

 

There are many things that make Luxembourg unique for the purposes of the creation of special limited partnerships and more, from legal flexibility, tax transparency and tax neutrality to mitigation of double taxation and favourable treatment of passive income. For example, Luxembourg is a hub of alternative investment fund managers, fund raising vehicles and exciting and innovative special limited partnership (SLP) rules. SLPs can be created to carry a commercial activity or to hold any type of assets but also to be used as alternative investment vehicles.  

 

In cases of corporate taxation, SLPs in Luxembourg are only subject to municipal business tax in the event that they are shown to carry out "commercial activity" in Luxembourg. However, it is important to note that those businesses which qualify as "alternative investment funds" are not categorised as carrying out commercial activity and are therefore immune from this levy (and any other taxes).

 

Furthermore, exemptions to this tax apply if the general partner is a company (société de capitaux) and holds more than 5% of the partnership's share capital, meaning the SLP is exempt from taxation in Luxembourg. If you would like to find out more about alternative investment funds and special limited partnerships in Luxembourg, contact Creatrust today.

 

More information - please contact us

 

Links:

>> Securitisation undertakings

>> Special Limited Partnership - SLP

>> Alternative Investment Funds

 

Talk to an expert

Speak to our in-house experts for trusted unbiased advice about the incorporation and admin of funds

Contact Us

Publications

Latest news

See all news

Contact Us

To help us to understand your project better and to respond adequately to your request in the fastest way, please let us know more about the structure you wish to put in place:

Step 1.

Is your request about one of the following services:

Step 2.

Step 3.

Step 4.

Investor(s)

Step 5.

Submit your details

One of our advisors will be in contact to discuss your requirements in further detail.






All your personal information will strictly be used by Creatrust for professional purposes. To access, modify, rectify and delete your data, please contact Creatrust at: 2C, Parc d’Activités – L-8308 Capellen - G.D. Luxembourg