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Luxembourg fund structures for institutional investment platforms.

Last Updated: April 2026

Luxembourg is one of the world's premier fund domiciles, offering political stability, a robust regulatory framework, and a comprehensive toolbox of fund structures.

Start your Luxembourg fund

Luxembourg fund formation is the process of establishing an investment fund under the Commission de Surveillance du Secteur Financier (CSSF). Luxembourg is Europe's leading fund domicile with over EUR 5 trillion in assets under management, offering RAIF, SIF, Part II, and UCITS structures with AIFMD passport access across the EU. Setup takes 4-16 weeks depending on structure.

Luxembourg at a Glance

RegulatorCommission de Surveillance du Secteur Financier (CSSF)
Common Fund TypesRAIF, SIF, Part II Fund, UCITS, SICAR
Typical Setup Time4-6 weeks (RAIF); 8-16 weeks (SIF)
Min. SubscriptionEUR 125,000 (qualified investor)
Tax TreatmentTax efficient; subscription tax 0.01-0.05%
Legal SystemCivil law
EU PassportYes (AIFMD passport)
Best ForEU institutional distribution, UCITS, European PE/RE

About the Jurisdiction

Luxembourg

Luxembourg is globally recognized as a premier fund domicile with one of the most diverse fund structuring regimes in the world.

Political and economic stability
Strong investor protection
Mature legal and regulatory framework
Deep ecosystem of service providers
Gateway access to European and global capital markets

Regulator

Commission de Surveillance du Secteur Financier (CSSF)

Luxembourg offers one of the most diverse and sophisticated fund structuring regimes in the world, supporting both retail and alternative investment strategies.

Type of Fund

Common Luxembourg fund types supported by Unefund

Modern Favorite

RAIF

Reserved Alternative Investment Fund
  • Indirect supervision via authorized external AIFM
  • Extremely fast time-to-market (weeks)
  • Suitable for all asset classes
  • Subject to 0.01% annual subscription tax

SIF

Specialised Investment Fund
  • Directly regulated and approved by CSSF
  • Flexible investment scope
  • Minimum investment EUR 125,000
  • For well-informed investors

SICAR

Investment Company in Risk Capital
  • Directly regulated by CSSF
  • Must invest in Risk Capital
  • No diversification limits
  • Income from Risk Capital generally exempt

Part II UCI

Retail-Plus Alternative
  • Heavily regulated and CSSF approved
  • Allows alternative strategies for retail
  • More flexible than UCITS
  • Commonly used for ELTIF strategies

UCITS

Global Retail Standard
  • Maximum regulatory supervision
  • Restricted to liquid transferable assets
  • EU passporting enabled
  • Global benchmark for retail funds

Our Approach

Structure is not a form. It is a system.

Unefund does not treat Luxembourg funds as standalone legal entities. Each structure is designed to ensure the fund operates as part of a coherent institutional platform.

01Investment strategy alignment
02Investor profile assessment
03Regulatory positioning
04Banking and custody feasibility
05Reporting and governance requirements

Important Note

Luxembourg structures offer institutional credibility and European market access. That flexibility requires disciplined governance and operational design.

Unefund's role is to ensure flexibility remains institutional.

Your Journey

From vision to launch

Why Unefund

A single orchestration layer for your Luxembourg fund.

Single Coordination

One point of contact for your entire fund setup and operations.

Integrated Support

Fund setup and operational support working seamlessly together.

Regulatory Alignment

Strong compliance frameworks built into every structure.

Multi-Jurisdictional

Expertise across Luxembourg, Cayman, BVI, Mauritius, Bermuda, UAE, and more.

Asset Class Experience

PE, VC, Hedge, Credit, and Real Estate fund structures.

Technology-Enabled

Modern reporting and portal access for full transparency.

Transparent pricing — Cost-effective and predictable, with no hidden fees.

Why Luxembourg

Benefits of the Luxembourg jurisdiction

Global fund hub and EU gateway
Passporting access across European Union
Strong investor protection and legal stability
Regulatory flexibility across strategies
Tax efficiency and treaty access
Deep ecosystem of expertise

FAQ

Frequently asked questions

Approximately 8–16 weeks, depending on regulatory approvals and documentation readiness.

The Commission de Surveillance du Secteur Financier (CSSF).

No. Unefund acts as the central coordination point with all key service providers.

We follow a transparent and all-inclusive pricing structure with no hidden or unexpected charges.

Yes. Local governance and decision-making presence is required, including board members and regulated service providers in Luxembourg.

Typical documentation includes: Incorporation documents; Constitutional documents (Articles of Association / LPA); Offering documents (PPM, Subscription Agreement, Risk Disclosures); Management and governance documents; AML and compliance policies; Service provider agreements (Administrator, Depositary, Auditor, Legal Counsel).

Design your Luxembourg fund structure with institutional clarity.

Structured. Integrated. Accountable.

Talk to Unefund