Capitalization
contract
Save and transmit your wealth with the capitalization contract, while diversifying the assets you hold.
- From 1,000 EUR with Investisseur Privé.
- Gift of the contract possible.
- Eligible for legal entities.
The capitalization contract in 3 points
A tax wrapper similar to life insurance but with different taxation and transfer mechanisms.
Unlike life insurance, the capitalization contract can be gifted during one's lifetime, preserving the tax seniority.
Companies (SCIs, holding companies) can subscribe to a capitalization contract to invest their cash reserves.
Euro fund, unit-linked, REITs, structured products... with taxation similar to life insurance.
Transfer your wealth with the capitalization contract!
The capitalization contract offers the possibility of gifting during your lifetime through dismemberment. You transfer part of your wealth while continuing to benefit from it. This mechanism combines flexibility, preservation of your interests as donor and appreciation of savings for your heirs.
Advantages of the capitalization contract
The advantages of the capitalization contract.
Diversity of investment vehicles.
Euro funds eligible.
Attractive taxation on withdrawals, after 8 years of holding.
Open to legal entities.
Choice of management mode: self-managed or delegated.
Tool for transferring your wealth through dismemberment or full ownership.
Constraints of the capitalization contract
The constraints of the capitalization contract.
No tax advantage upon death of the holder.
No beneficiary clause, unlike life insurance.
Risk of capital loss depending on invested assets, except for euro funds.
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Characteristics of the capitalization contract
A capitalization contract to grow your savings and prepare your succession.
Minimum investment
1,000 EUR with Investisseur Privé
Tax allowance
Every 15 years, as part of a donation
Contributions
Free or scheduled
Withdrawals
Before 8 years (taxed) or after (advantageous taxation)
Entry fees
None with Investisseur Privé
Management fees
0.8% with Investisseur Privé
Risk level
From 1 to 7 depending on assets
Return
Depends on invested assets
Liquidity
Depends on invested assets
Availability
Partial withdrawals possible at any time
Your capitalization contract
in delegated management
With Investisseur Privé, delegate the management of your capitalization contract.
01
Tailor-made
Your asset allocation, based on your objectives and risk profile.
02
Diversification
Your diversified and balanced asset portfolio.
03
Management
Your trades, monitoring and reporting 100% delegated.
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Our portfolios eligible for the capitalization contract
We manage targeted portfolios to invest through your capitalization contract, based on your risk profile and return objectives.
Audace
A portfolio composed of 100% equities to benefit from stock market growth and performance.
Equilibre
A portfolio of equities and bonds continuously arbitrated to benefit from all financial markets.
Sortino
A portfolio integrating the best equity funds and the most consistent over time, driven by the Sortino ratio.
Audace
A portfolio composed of 100% equities to benefit from stock market growth and performance.
Equilibre
A portfolio of equities and bonds continuously arbitrated to benefit from all financial markets.
Sortino
A portfolio integrating the best equity funds and the most consistent over time, driven by the Sortino ratio.
Adopt the capitalization contract
With Investisseur Privé, you choose the tax wrappers that meet your life projects! The capitalization contract is interesting: After age 70 when life insurance allowances are used. For making a gift with dismemberment. As a legal entity.
Understanding the capitalization contract
Educational content to learn about and subscribe to a capitalization contract: articles, white papers, newsletters, videos and webinars.
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Other tax wrappers than the capitalization contract
In addition to the capitalization contract, other wrappers are available to boost the performance of your investments.
Life insurance
Life insurance combines flexibility, tax advantages and diversified management. It allows you to secure part of your savings and prepare for retirement.
Luxembourg life insurance
Luxembourg life insurance offers enhanced capital protection, investment freedom and a high-performing international framework.
Securities account
The securities account combines flexibility and access to a wide selection of assets: equities, ETFs, structured products, REITs.
Equity savings plan
The PEA and PEA-PME combine a tax-advantageous framework for the long term and investment in European companies.
Retirement savings plan
The retirement savings plan combines building a long-term annuity and immediate tax relief through deductible contributions.
Life insurance
Life insurance combines flexibility, tax advantages and diversified management. It allows you to secure part of your savings and prepare for retirement.
Luxembourg life insurance
Luxembourg life insurance offers enhanced capital protection, investment freedom and a high-performing international framework.
Securities account
The securities account combines flexibility and access to a wide selection of assets: equities, ETFs, structured products, REITs.
Equity savings plan
The PEA and PEA-PME combine a tax-advantageous framework for the long term and investment in European companies.
Retirement savings plan
The retirement savings plan combines building a long-term annuity and immediate tax relief through deductible contributions.
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Frequently asked questions about the capitalization contract
Want to open a capitalization contract? Here are the answers to your questions.
The capitalization contract is a multi-asset tax wrapper for medium and long-term investment in various asset categories. It is also a key tool for gift-giving. After age 70, it is an interesting alternative when life insurance allowances are fully used.
There are three key differences: A capitalization contract forms part of the estate upon death, whereas life insurance has its own tax regime. The capitalization contract can be gifted and dismembered, which is not the case for life insurance. A capitalization contract can be subscribed by individuals over 70, which is less common for life insurance, as well as by legal entities.
Euro funds. UCIs: SICAVs, FCPs, etc. Structured products. ETFs. Private equity funds. SCPIs...
Taxation on withdrawal (partial or total) is the same as for life insurance: Before 8 years: interest and capital gains are subject to the 30% flat tax (12.8% income tax + 17.2% social contributions). After 8 years: the annual allowance applies to withdrawn gains (4,600 EUR single / 9,200 EUR couple). Upon death, the capitalization contract enters the estate, unlike life insurance.
Yes, you can open as many capitalization contracts as you wish. However, the tax exemption ceiling in France is limited.
No, the capitalization contract has no cap. Unlike regulated savings, it is unlimited in amount. Having no specific tax advantage unlike life insurance or the PEA, you can invest as much as you wish, in a lump sum or successive contributions. Self-managed or in delegated management by Investisseur Privé.
Transfer of a capitalization contract is possible in certain cases, particularly with the same insurer. Investisseur Privé supports you in evaluating the most suitable options for your situation.
Yes, with Investisseur Privé. We manage your capitalization contract based on your risk profile and wealth objectives.
Several fee categories may apply, noting the initial investment starts at just 1,000 EUR with Investisseur Privé: Entry, transfer and closure fees depending on the account holder. Fees related to unit-linked or investment vehicles: purchase, management... Contract management fees if delegated or managed.
No, the capitalization contract is not subject to IFI unless the assets held are SCPI, SCI or OPCI shares concerning real estate properties.
The risks are related to the assets held: Risk of capital loss. Specific risk related to each asset held. Risk of the account holder.
The capitalization contract is for individuals and legal entities (companies, associations, foundations, etc.) wishing to grow their capital long-term. For individuals, it is a tax wrapper similar to life insurance for growing capital through diverse eligible assets and no cap, but also for transmitting wealth (gift). For legal entities — companies, SCIs, family holdings, associations and foundations — it is a vehicle for long-term cash investment through diverse assets.