Long-term investment, wealth preservation and succession planning in Denmark
Luxembourg life insurance is a comprehensive, flexible and secure investment solution, ideal for supporting all your wealth-management objectives within a tax-efficient framework.
For 35 years, OneLife has been designing tailor-made solutions based on this best-in-class model to help you invest, protect and transfer your wealth with complete peace of mind.
As a Danish tax resident — whether an individual or a legal entity — you have access to dedicated wealth-planning solutions specifically designed to meet the requirements of the Danish legal and tax environment.
Wealth Denmark (§53A)
A sophisticated and fully customisable structure for long-term investment and wealth transfer, capable of adapting to evolving financial objectives
- Available from EUR 250,000 (or the equivalent in another currency) for individual asset management
- Qualifies as a capital insurance under Section 53A of the Danish Tax Code
Wealth Denmark is a unit-linked life insurance policy enabling multiple portfolio within one policy (internal collective funds, dedicated funds, specialised insurance funds, external funds), with the freedom to appoint multiple asset managers and custodian banks — or opt for self-management. It also offers full flexibility in beneficiary designation and allows for the continuation of the policy across up to three generations in the event of death.
Tax treatment
• Net gains are taxed as capital income under §53A
• Net losses are carried forward to offset against future net capital income
• Optimisation for wealth inheritance planning for the free active portfolio
• Simplification of taxation of securities (lagerbeskatning)
• Possible to offset net gains (kapital indkomst) against negative interests of for example private or mortgage loans
Capitalisation Denmark (VSO)
An efficient and compliant structure for managing retained corporate profits within a flexible, internationally portable framework
- Available from EUR 250,000 (or equivalent in other currencies)
- Designed specifically for business owners and companies using the Danish corporate tax scheme (Virksomhedsordningen – VSO)
Capitalisation Denmark is a unit-linked life insurance policy that enables efficient, long-term capital growth through a consolidated portfolio offering access to eligible asset classes, high liquidity through partial or full surrenders, and the freedom to choose investment managers and custodian banks.
Tax treatment
• Returns are taxed at the corporate rate applicable under VSO
• Losses can be offset against future gains according to Danish corporate rules
Pension Denmark (VSO)
Consolidation and management of retirement savings under one coherent structure
- Available from EUR 250,000 (or equivalent in other currencies)
- OneLife was among the first European life insurers authorised by Skat to offer pension products in Denmark
Pension Denmark enables the consolidation of various Danish pension types — term pension (Ratepension), capital pension (Kapitalpension), and retirement savings (Aldersopsparing) — into a single account. It offers full freedom in selecting custodian banks, asset managers, and investment strategies, along with full portability across OneLife’s European core markets.
Tax treatment
• Premiums and benefits follow Danish pension tax rules
• Returns subject to annual PAL tax (Pensionsafkastskat)
Key advantages for Danish clients
OneLife’s Luxembourg life insurance and capitalisation solutions offer unique benefits within a compliant and transparent structure:
- Open investment architecture: broad access to eligible assets (UCITS, ETFs, equities, bonds, structured products, private equity and unlisted assets) and freedom in choosing asset managers and banks
- Tax efficiency: predictable annual taxation (PAL) on Danish Pensions, loss offsetting for §53A and VSO and 53A Free funds (Wealth Denmark) and Luxembourg tax neutrality
- Strong investor protection: safeguarded by Luxembourg’s “Triangle of Security” and “Super Privilege”
- Wealth-transfer flexibility: life insurance enables efficient inter vivos and mortis causa transfers
- International planning: suitable for clients with cross-border assets, business interests or mobility plans (portable policies)
- Compliance and transparency: full CRS conformity ("Common Reporting Standard")
How to access our solutions?
Our policies are exclusively distributed through our network of partners: wealth management advisers, brokers, private banks and family offices.
We invite you to contact our trusted partner Your Assets for personal guidance on this market:
Torben Maj
+352 621 217 131
torben.maj@yourassets.com
Lars Kornmod
+352 621 798 761
lars.kornmod@yourassets.com
