Intellectual Property

Carey Group's experience and knowledge of Luxembourg tax structures, knowledge of corporate structures and intellectual property laws enables then to provide expertise to Luxembourg taxpayers, companies or individuals, who wish to take advantage of the new 80% exemption concerning the net income derived from intellectual property laws.

On 21 December 2007 Luxembourg passed a law providing for a partial exemption (80%) of income derived from intellectual property and capital gains realised on the disposal of intellectual property. The idea of the reform is to encourage regional research activities but also to promote Luxembourg as a centre for the holding and management of intellectual property. This new regime applies to Luxembourg taxpayers whether companies or individuals.

The proposed exemption concerns:

• Income derived from the use or the concession of the use of an IP right (software, patent copyright, trade-mark, design or model)
• The development and in-house use of a registered patent
• Capital gains realised on the disposal of intellectual property

For further information or for a full service offering, please contact +352 266 448 1 or email jean.lambert@careygroup.lu