Tax Law – VAT pocket guide to directorship

Contents:

I. Foreign independent directors: not subject to Luxembourg VAT rules

II. Luxembourg independent directors: Luxembourg VAT rules apply

   1. Overview of the main VAT localisation rules

   2. Luxembourg VAT taxation/exemption applicable to Fund/ManCos directorships

III. Luxembourg VAT compliance obligations

   1. VAT registration

   2. Deadlines for the submission of the VAT returns

   3. Invoicing requirements

IV. Arendt “All in Solution”