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mercredi 21 novembre 2012
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LuxembourgforFinance: Watches and wine in a bunker
The first cut of the spade has been made and the Luxembourg Freeport will be operational in September 2014. The Freeport’s benefits to investors and the economy were one of the topics at ALFI’s (Association of the Luxemburg Fund Industry) European alternative investment funds conference. Luxembourg’s Freeport, a storage facility of 20,000 square meters, will increase the supply of logistics services for high-value goods such as art, fine wines, jewels and other valuable goods. It is located at the Luxembourg airport; deliveries can be taken from both land and air. David Arendt is Managing Director of the Luxembourg Freeport. During a panel at the ALFI conference, he spoke about the tax free environment at the Freeport. “There is no VAT on the import of valuable goods...
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