TSI Services GmbH either establishes its own (compartment) SPV as S.A. or S.à r.l. on behalf of its clients in Luxembourg or, alternatively, can also open new compartments for market participants within MainBridge S.à r.l. for their transactions.
The use of the SPV platform in Luxembourg offers the following advantages:
Trade and leasing receivables as well as bank loans can be securitized in Luxembourg in a tax-neutral manner
- In addition to single-purpose vehicles, compartment SPVs can also be provided in Luxembourg in accordance with Luxembourg securitization law
- Legal and insolvency law separation of the compartments from each other and from the SPV
- Compartments are separate asset pools that can conclude contracts and acquire assets
- Compartments are opened quickly and cost-effectively by resolution of the SPV's managing directors
- Compartments themselves do not have to maintain their own share capital
Compartments save time, effort, documentation and money (both one-off and ongoing) by utilizing synergies, e.g. at management level or in terms of the annual audit
- Process reliability through transparent corporate governance
KYC process at foundation level is significantly simplified by transparency and established processes
Legal tax uncertainties do not exist in Luxembourg in some cases or have already been made clear by law
- TSI Services GmbH works with established corporate services providers at the client's request when setting up in Luxembourg
