CRS and FATCA in Luxembourg, automatic exchange of information.
Financial Services Luxembourg handles CRS and FATCA reporting: entity classification, account due diligence and filing of returns. We operate the reporting process; legal questions are coordinated with your counsel. FSL handles reporting and operational compliance; regulated legal advice and authorisations (CSSF) are coordinated with our partner lawyers.
Reply within 24 h · NDA on request before any confidential document
CRS and FATCA are the two automatic exchange of financial account information regimes applied in Luxembourg. CRS rests on the law of 18 December 2015, FATCA on the Luxembourg-US agreement approved by the law of 24 July 2015. Reporting financial institutions report to the ACD by 30 June following the calendar year concerned.
CRS: Directive 2014/107/EU (DAC2), transposed in Luxembourg by the law of 18 December 2015. FATCA: Luxembourg-US intergovernmental agreement, law of 24 July 2015. Filings via the ACD platform.
Key takeaway
- CRS and FATCA require annual reporting of reportable financial accounts.
- Correct entity classification is the decisive step.
- Financial Services Luxembourg operates due diligence and filing; legal matters are coordinated.
Further reading: opening a bank account and licensed accountant in Luxembourg.
Who this is for
- Funds, SOPARFIs and entities classified as financial institutions
- Family offices and wealth holdings
- Entities with reportable financial accounts
What we do
- CRS/FATCA classification of the entity
- Account due diligence and residence identification
- Preparation and filing of returns with the ACD
- Tracking of annual obligations
Ready to structure your crs / fatca reporting?
First reply within 24 working hours, from a named adviser. Firm quote within 48 working hours once the scope is defined. NDA on request before any confidential document.
Official sources and verification
This page is published under the editorial responsibility of Mickaël LOC for Financial Services Luxembourg (business permit 10077274). The rules cited should be checked against competent authorities and the circumstances of the case.
Frequently asked questions
Is my entity a financial institution?
It depends on its activity and structure (a fund or wealth holding may be one). We perform the CRS/FATCA classification to determine your obligations.
How often to report?
Reporting is annual, via the ACD platform, after account due diligence. We manage the deadlines.
Request a quote: CRS / FATCA reporting
First reply within 24 working hours, from a named adviser. NDA on request before any confidential document.