Training Session

Sep 29, 2022
9:30 AM


Sep 29, 2022
12:30 PM
Where ?
Arendt House
41 Avenue John F. Kennedy
L-2082 Luxembourg-Kirchberg
Who ?


This training session aims at explaining to the participants the VAT rules governing investment funds. The content is based on the legislation in force at the European level (Directives, case law of the EU Court of Justice, etc.) and at the Luxembourg level (laws, circulars of the VAT authorities and local case law). In particular, participants will be able at the end of the session to identify:

  • Any obligation for the investment fund (as well as for its management company, its general partner (if any) and investment holding vehicle (if any)) to pay VAT to the Luxembourg Treasury;
  • Any obligation to register for VAT in Luxembourg;
  • How to efficiently manage the fee flows and service flows in a cross-border environment where the foreign VAT aspects are also to be taken into consideration (relationships with third parties, with intra-group entities, with investors, etc.);
  • How to interpret and apply the fund management VAT exemption criteria to outsourced services.


Transposition of the VAT principles to the fund industry in terms of

  • VAT status as taxable person or as non-taxable person
  • VAT deduction
  • Place of supply rules
  • VAT compliance obligations

Practical part

  • The science of a proper and optimal invoicing
  • The necessity to manage documentation for VAT purposes (letters of engagement, service agreements, accounts, etc.)
  • The importance to set up an efficient VAT reporting process (invoices, VAT returns, EU Sales listings, etc.)

VAT for assimilated investment funds


Sophie Weyten (Counsel, Tax Law, Arendt & Medernach).

Target Group

People in charge of fund administration such as financial directors, accountants, domiciliary agents, tax specialists.


3 hours 






For more information please contact us by e-mail at

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Sophie Weyten

Sophie Weyten is a Counsel in the Tax Law practice of Arendt & Medernach. She advises on Luxembourg and cross-border VAT aspects of financial and commercial transactions. She has also gained broad experience in investment fund-related matters, advising clients on the structuring of services and fees from a VAT perspective. Since 2017, Sophie Weyten also offers her international VAT expertise to clients present in the UAE market, helping them to get ready for theimplementation of the GCC VAT system as from 2018. Prior to joining Arendt & Medernach, she worked as VAT Senior Advisor at another Luxembourg law firm. She also practiced as Senior VAT Manager within two Big Four firms, where she adv...

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