By Eva Gyori-Toursel

The Luxembourg private wealth management company (hereafter: SPF – société de gestion de patrimoine familial), governed by the Law of 11 May 2007, is a private wealth management vehicle which enables individuals to structure their estate in a simple, flexible, unregulated and tax-efficient manner and for numerous purposes, thereby appealing to various types of investors. Ultimately, with Luxembourg being a highly developed centre of legal and financial services, private individuals wishing to structure their assets’ holding and financing benefit from a one-stop-shop meeting all their expectations.

Main characteristics and benefits of the SPF

  • Private character and design – certainty regarding co-investor(s) and targeted approach
    to risk allocation
  • Separate legal personality – limited liability
  • Advantages of a holding company instead of a direct placement of capital for private
  • Flexibility in investment structuring
  • Simplified and attractive taxation
  • Simplified incorporation – low procedural and initial share capital requirements