Luxembourg Investment Advisers License_Guideline
|Entity Requirements||The entity making the application is Luxembourg:
|Director’s Requirements||The licensee will need at least 2 (two) natural person Fit and Proper Directors of any jurisdiction.|
|Shareholder requirements||The applicant will need at least one shareholder.|
|Auditor||The auditor must be a registered company auditor with appropriate professional experience.|
|Professional indemnity insurance||The applicant must have indemnity insurance coverage of €1,000,000 per claim and €1,500,000 per year.|
|Minimum Capital Requirements||The minimum capital requirement for the Investment Advisers is €50,000.|
- Investment Advisers are subject to the accounting principles set forth by the modified law of 19 December 2002 (title II, chapters II and IV) for the annual accounts and by the modified law of 10 August 1915 (section XVI) on commercial companies, for consolidated accounts. The annual accounts must give a true and fair view of the assets, the liabilities and the income statement of the PSF. Furthermore, the presentation of the balance sheet and the income statement may not change from one year to the next.
- Investment Advisers are required to submit financial information to CSSF as per circular 05/187 as amended and supplemented by CSSF circular 10/433 on a monthly basis, the deadline being the 20th of the next month.
- Investment Advisers must maintain their professional indemnity insurance cover of €1,000,000 per claim and €1,500,000 per year.
- Company formations and Administration
- Assistance with Bank Account opening
- Collective Investment Setup and Administration
- Intellectual Property Registrations and Maintenance.
- Trusts and Foundations setup and administration
- Online Payment Gateway Solutions
- Banking Licenses and PSP, E-Money, E- Wallet Licenses
- Yacht and aircraft registrations.
- Cryptocurrency Solutions (ICO, STO, Crypto Exchanges etc)
The Valsen Advantage
- We will advise you on the optimal legal structure for your requirements, size, expectations and circumstances. We have extensive knowledge of a wide range of securities dealer licenses in all major jurisdictions.
- Valsen will assist to complete every form for each process in the best way we know how (Based on our many years’ experience with various regulators and service providers across the world)
- We are very hands on in the post filing period checking with re regulator and service providers and updating you regularly. Any queries raised by the regulators and service providers during processing will be quickly synthesized by us and we shall craft the right responses to move the process forward fast.
- We have a full in-house compliance support for all compliance requirements with the regulator and service providers
- Tel: +248 4321018
- WhatsApp: +248 2525217
- Skype: vf-international.com
- Email: [email protected]