The Grand Duchy's fund infrastructure, without the grand price tag

No — Infra One charges zero setup and legal fees for Luxembourg fund formation. The RAIF SCSp structuring, AIFM arrangement, legal documentation, and digital LP onboarding are all included. Ongoing administration, NAV calculations, and regulatory reporting are covered by the annual platform fee.

No. A RAIF is not directly supervised by the CSSF, which is one of its main advantages — it removes the regulatory approval timeline. However, the RAIF must appoint a licensed AIFM (which can be a Luxembourg, EU, or third-country manager). The RAIF must be registered with the Luxembourg Trade and Companies Register (RCS) within 20 business days of formation.

The RAIF entity itself can be formed in 2 to 4 weeks once an authorised AIFM is in place. The SCSp is established by private deed (no notarial requirement for partnership form). With Infra One handling documentation, service provider onboarding, and investor KYC, total time from engagement to first close is typically 6 to 8 weeks.

A RAIF SCSp is tax-transparent for Luxembourg direct tax purposes — income flows through to investors with no fund-level income tax, net wealth tax, or withholding tax on distributions. RAIFs under the general regime pay a 0.01% annual subscription tax on net assets. RAIFs that opt for the SICAR tax regime (investing exclusively in risk capital) are exempt from subscription tax entirely.

Luxembourg is the leading EU fund domicile because its AIFMD passport allows marketing to professional investors across all 27 EU member states through a regulator-to-regulator notification — no separate national authorisation needed. The AIFM notifies the CSSF, which transmits the notification to the host state within 20 working days.