RATIONALE

The Liechtenstein Private Label Fund (PLF) is often seen as an alternative to its Luxembourg counterpart, especially by German-speaking clientele. The PLF is a very flexible AIFMD-compliant fund and benefits from passporting advantages for distribution to professional investors across the EU as specified under MIFID.

KEY TAKEAWAYS

• Embed multiple and nearly any non-bankable investment or business into such PLF portfolio

• The PLF constitute a fully tax transparent onshore solution and benefits from double tax treaties

• The portfolio must be managed by an authorized AIFM (client may act as...