When setting up an investment structure, and for a fund product to be successful, it is vital to take into account both investor and asset manager needs. Important fund factors include time to market, corporate governance, operational efficiency, costs and taxation.
More recently, we have also seen an increased focus on investor preferences and their tax attributes when setting up alternative investment funds. OECD Base Erosion Profit Shifting “BEPS” and EU anti-tax avoidance measures, in particular anti-hybrid mismatches rules, will increasingly affect returns on alternative fund products, unless they are structured appropriately. Moreover, how investors are taxed could have a material effect on a fund's after-tax returns.
Also important to setting up, distributing and operating investment funds in Luxembourg, are the regulatory aspects. Not only are the local regulations complex, but they need to be considered holistically in conjunction with regulations applicable in each target investment country.
PwC Luxembourg experts are dedicated to help you:
We help you maximise the likelihood of successful fund raising, by setting up the most appropriate structures and meeting your investors’ needs as well as yours.
Alternatives Leader, Tax Partner, PwC Luxembourg
Tel: +352 49 48 48 3193
Alternatives Assurance Leader, PwC Luxembourg
Tel: +352 49 48 48 2435
Alternatives Tax Leader, PwC Luxembourg
Tel: +352 49 48 48 5106
Alternatives Advisory Partner, PwC Luxembourg
Tel: +352 49 48 48 4137