Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Our network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo.
Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. We also have strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property.
Our corporate administration business, Ogier Global, works closely with Ogier's partner-led legal teams to incorporate and administer a wide variety of vehicles, offering clients integrated legal and corporate administration services.
We have the knowledge and expertise to handle the most demanding and complex transactions and provide expert, efficient and cost effective services to all our clients.
Luxembourg's long-awaited "step-up" for individuals who become Luxembourg resident as of tax year 2015, has been greeted as a positive step by an Ogier tax specialist.
Luxembourg's long-awaited "step-up" for
individuals who become Luxembourg resident as of tax year 2015, has
been greeted as a positive step by an Ogier tax specialist.
"The Luxembourg government has taken a major step in the
right direction to attract individuals to Luxembourg," said
Luxembourg partner Caroline Bormans.
As a result of Bill 6891 the Luxembourg administration will
renounce its right to tax capital gains accumulated by the
individual while residing outside of Luxembourg.
The measure applies to capital gains on substantial
participations and on convertible loans granted to entities in
which such substantial participation is held.
The Bill also abolishes the minimum corporate income tax and
replaces it with a minimum net wealth tax as of the 1st of January
2016 due by all corporate entities having their statutory seat or
central administration in Luxembourg, including SICARs,
securitisation vehicles, SEPCAVs and ASSEPs. The net wealth tax
regime itself will also be modified.
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