Brochures

Re-domicile your fund onshore: Take the road to Luxembourg

The advantages offered by Luxembourg makes it the domicile of choice for your investment funds.

There are many competitive advantages to be achieved by domiciling funds in the right country, including but not limited to reputation, tax efficiency, cost competitiveness, the availability of an experienced workforce and, most importantly, a business oriented regulatory environment.

Luxembourg: where else

Following the adoption of the latest UCITS Directive (“UCITS IV”) that is due to come into force in July 2011, the key challenge for crossborder fund promoters is to determine the best location for their management companies and UCITS funds.

LFF-Luxembourg Private Equity and Venture Capital Investment Vehicles

The brochure has been prepared jointly by the Luxembourg Bankers’ Association (ABBL) and ALFI in order to provide general background information on the legal and tax aspects of regulated and unregulated private equity vehicles domiciled in the Grand Duchy of Luxembourg.

Products include competitive structures for setting-up private equity funds, such as the SICAR or the SIF, and structures for pan-European private equity acquisitions. Luxembourg based service providers have specialized in servicing the private equity industry and offer today a wide range of customized services in private equity fund and acquisition structuring, transaction advisory, fund administration, custody and audit services.

Your Bridge Between Europe and China: Luxembourg

China is changing: since April 2006, its Qualified Domestic Institutional Investors (“QDII”) programme has given domestic investors access to markets outside the country, opening new opportunities for investment funds.

At the same time, Qualified Foreign Institutional Investors (QFII) are offering access to securities markets in China, since they can invest in the country’s restricted renminbi-denominated A-share and domestic bond markets.

Both developments are creating attractive opportunities for Luxembourg, the number-one fund centre in Europe and world leader for cross-border fund distribution. The signature in 2008 of a Memorandum of Understanding between regulators in Luxembourg and China took the process one step further, allowing Chinese institutionals to invest in Luxembourg’s regulated investment vehicles. Given its traditional strengths as a fund domicile, the Grand Duchy is a natural gateway for investment flows into and out of China.

This brochure reviews business opportunities between Luxembourg and China.