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An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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+1 (888) 647 05 40The duchy possesses role of heavy-experienced and dynamically-progressing center for EU investmenting organizations. Its prosperity is due to politic steadiness, active encouraging of abroad-coming investments, favorable and clearly defined legislative basis, multilingual personnel and highly-set expert background level.
Our firm is made up of highly-qualified professionals being true experts in business-startup industry. We operate worldwide to help capital-holders start their own businesses and expand their commercial potential. Our team grants you fully-covering consultancy on issues connected with getting asset management licenses. We possess option of Luxembourg asset management license for sale.
Time-period for option to get asset management license in Luxembourg is 4-month-period; capital standards include a min amount of 1,250,000 EUR. For self-managed enterprises, min capital is 300 thousand EUR.
UCITS are designed for retail capital-holders and have the privileges of EU-Passport, allowing free passage in EU-markets with least formalities. EU-Passport gives UCITS possibilities to be vended to different categories of capital-holders and established for spreading in EU-States. It essentially speeds up the UCITS launch process and reduces associated costs.
UCITS’ stringent regulations and perfectly-guaranteed level of capital-holders safeguard made them widely-known among regulators and retail capital-holders worldwide. UCITS brand, incl. Luxembourg possesses essential market share in various countries in Asia and Latin America.
Considering facts and information about such permits obtained locally, features such as the firm’s structure, investment manager role as fund initiator, need to appoint 2 conductors residents, and involvement of custodian, supervisor and administrative provider are highlighted assistance.
Interested capital-holders might buy Luxembourg licensed asset management company. Additionally, we might provide plenty of asset management licenses for sale in UAE, China, Hong Kong and others.
Accounting and auditing:
Firm name if you’re intending to get asset management license in Luxembourg:
When you turn to option of asset management license in Luxembourg for sale, you’ll receive a structure already fully complying with normative parameters and standards. We’ll accompany you at every phase of transaction.
To comply with normative parameters for asset management license in Luxembourg, applicant firms need to document that its central administrative mechanism and officially-registered office are conducted locally. Central administrative sector contains operation of direction, supervision, execution and controlling, ensuring monitoring of all activities. Officially-registered office needs to contain a “decision center” and “administrative one”. It’s essential the firm effectively conducts business-activities from its officially-registered local office.
Firms need to strictly meet organizational normative parameters defined in Article 37-1 of appropriate Law for appropriate business-activities provided, and in Article 17 for the ancillary service spreaded.
To obtain asset management license in Luxembourg, firms are needed to implement sound internal governance arrangements including clear organizational structural mechanisms with defined, transparent and consistent lines of responsibility. Efficient processes are needed to identify, manage, monitor and report the risks to which the firm is or may be exposed. Robust internal controls are needed, incl. efficient administration and accounting, and controls and security schemes for information technologies systems.
All mentioned schemes and processes need to be comprehensive, appropriate and adapted to the nature, scale and complexity of firm’s business-activities, incl. its risks. Firm is needed to launch specialized internal control functions, incl. internal audit, risk-management and compliance.
Detailed regulatory norms and expectations regarding central monitoring, internally-governmented and risk-management contained in CSSF-Circular 20/758 need to be complied at all times.
Individuals and organizations may be shareholders or firm’s members, covered by prior approval from the CSSF. Applicants, to get a permit, need to provide CSSF with mandatory data according to regulations, incl. information regarding the qualifying holding. It notes that “qualified participation” means participation in firm that represents 10% or more of the capital or voting rights, or provides essential influence over firm supervision. As another option, capital-holders might turn to ready-made asset management license in Luxembourg for sale.
Share-holders or participants holding a significant interest need to meet conditions ensuring sound and responsible management. Concept of sound and responsible supervision is assessed on the basis of criteria determined in Article 18(9) of Operating Rules and Standards. Key parameters are:
Our team might offer you asset management license for sale in Luxembourg. Turning to our help, you’ll get your business-project easily and quickly.
Considering the above, capital-holders may resort to option of getting permit or a Luxembourg asset management licensed company for sale.
To obtain permission, members of administrative, controlling and supervisory bodies, and shareholders or participants with a significant interest, need to provide documentation confirming their reputation. Image is assessed based on police clearance certificates and other documentation confirming absence of violations on part of relevant persons.
Those responsible for day-to-day supervision needs to be authorized to efficiently manage the business-activities and possess sufficient professionally-directing expertise, incl. previous expertise with a high level of responsibility and autonomy. Prudential approval procedure applies to persons holding key functions in such firms.
Professional expertise of each member of interested body is assessed both at individual and collective level, bearing in mind characteristics of business-activities and organization of the firm.
Business-management officers are assigned to at least 2 individuals of repute and expertise with approximately equal authority. This principle allows for mutual control and shared decision-making without necessarily implying that they act together in taking responsibility for firm. Persons holding key functions must be available to contact the CSSF at all times and must reside locally. Exemption from the residency requirement may be requested for one of these individuals, but only for the first 6 months after approval is granted. Permission is granted for an indefinite period, provided the firm complies with applicable legal norms at all times. After receiving permission, firm may immediately begin to carry out its activities.
By contacting our firm, you’ll receive highly-qualified consulting and practical assistance. We’ve option of asset management licensed company for sale in Luxembourg. We’ve plenty of offers for sale of asset management licenses in Latvia, France, Denmark and others.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.