Luxembourg
14 Boulevard Royal L-2449 Luxembourg
 
Monday to Friday
8.30 am to 5 pm

IMPORTANT: RISK OF FRAUD

Individuals purporting to work for Banque de Luxembourg are contacting people and misusing the Bank’s name, logo and address to offer fraudulent savings and investment products.

Staying vigilant online

 
Wallonie - Brussels
Chaussée de La Hulpe, 120 – 1000 Brussels
FLANDERS
Kortrijksesteenweg 218 – 9830 Sint-Martens-Latem
 
Monday to Friday
8.30 am to 4.30 pm

IMPORTANT: RISK OF FRAUD

Individuals purporting to work for Banque de Luxembourg are contacting people and misusing the Bank’s name, logo and address to offer fraudulent savings and investment products.

Staying vigilant online

VAT

The Luxembourg government had decided to temporarily reduce the VAT rate by 1% from 1 January 2023, for one year.

This measure was intended to alleviate inflation and strengthen consumer purchasing power.

From 1 January 2024, rates will return to normal:

  • The standard rate of VAT returns to 17% and
  • The intermediate rate of VAT to 14%.

Below is a summary of the Bank’s services to which the standard and intermediate VAT rates apply.

Standard VAT

  • Discretionary management and investment advisory (flat-rate management fee, performance fee, quarterly fee on the value of the portfolio in EUR)
  • Gold and precious metals
  • Account fees (DHL delivery)
  • Tax and legal services
  • Safe-deposit boxes (quarterly rental, holding fee for sealed envelopes)
  • Bank cards(DHL delivery, duplicate statements)
  • Fees for declarations and searches (duplicates and certificates, fees for miscellaneous information).

Intermediate VAT

  • Custodial fees

Details of services subject to VAT can be found in our Rates and Conditions brochure available on our website or from your adviser.