Lyubomir (Lubo) Georgiev

Partner

Baker McKenzie Switzerland AG

Zurich

Admitted to practice in Switzerland as UK lawyer (Solicitor) in accordance with Art. 28 BGFA

T + 41 44 384 14 90

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Biography

Lyubomir (Lubo) Georgiev co-heads the International Tax, Private Investments & Family Office practice in Switzerland. Previously he was EMEA Tax Knowledge Management lead and a member of the EMEA Wealth Management Steering Committee. Lyubomir has assisted high-net-worth individuals and entrepreneurs, family offices, fiduciaries, insurance companies, banks, asset managers, investment advisers, sovereign wealth funds, private equity funds, hedge funds, FinTech, start-ups and non-profit foundations. He participated in the negotiations of the special arrangements between the Principality of Liechtenstein and the UK on voluntary disclosure, tax compliance certification and tax information exchange. Lyubomir has practiced law since 2003 in the United States and Switzerland and is admitted to practice in Washington DC, US Tax Court, and in Switzerland as a foreign-qualified solicitor in England and Wales. He has been mentioned and ranked in Chambers Global and Legal 500 as an expert in practice areas such as private client, net wealth, insurance, and taxation.

Practice Focus

Lyubomir regularly advises on issues relating to classification, disclosure and reporting rules under the US Foreign Account Tax Compliance Act (FATCA), Qualified Intermediary / QDD regime; OECD Common Reporting Standard (CRS), Crypto-Asset Reporting Framework (CARF), and Mandatory Disclosure Rules (MDR); FATF AML and Virtual Asset Service Providers (VASP). He practices in the areas of cross-border taxation, withholding and tax treaties, and regulatory compliance in the context of private capital, global wealth management and succession, life insurance and annuity products, trust and estate planning, expatriation and relocation, Section 892 benefits, and digital assets / cryptocurrencies.

Professional Associations and Memberships

International Bar Association / Private Client Tax, Insurance, Banking Law - Member
Law Society of England & Wales - Member
District of Columbia Bar (USA) - Member
American Bar Association / Taxation; Law Practice Division - Member
Society of Trust and Estate Practitioners (STEP) / Tax Advisory Trusts and Estate Planning; Insurance; Family office; Digital assets; Philanthropy - Member
British-Swiss Chamber of Commerce, Baker McKenzie membership representative
Private Client Dining Club, Baker McKenzie membership representative

Admissions

Zurich Art. 28 BGFA~Switzerland (2013)
England & Wales~United Kingdom (2009)
U.S. Tax Court~United States (2008)
District of Columbia~United States (2003)

Education

Duke University (Coursera Online Specialization in Decentralized Finance (DeFi): The Future of Finance) (2023)
University of Pennsylvania Wharton School (Coursera Online Specialization in Fintech: Foundations & Applications of Financial Technology) (2022)
New York University (LL.M. Taxation) (2008)
Cornell University (J.D.) (2003)
University of National & World Economy (B.A.) (1999)

Languages

Bulgarian
English
German
Russian

Previous Offices

New York

Presentations

Co-presenter, "Trust & Foundation Planning US, Switzerland, Spain & UK," Baker McKenzie Switzerland Business Briefing, 5 November 2024

Co-presenter, "Gift and Inheritance Taxation Impact on Mobility: Switzerland and UK," Baker McKenzie Switzerland Business Briefing, 29 October 2024

Co-presenter, "AI and Blockchain Enforcement Actions and Regulatory Compliance," Baker McKenzie Switzerland Wealth Management Strategy Meeting, 7 June 2024

Co-presenter, " Beneficial Owner Reporting, AML, Transparency, Blockchain," Baker McKenzie Switzerland Wealth Management Strategy Meeting, 7 June 2024

Co-presenter, "AI and Blockchain: Concepts, Policy, Biases, Data Security and Risks," Baker McKenzie Switzerland Wealth Management Strategy Meeting, 6 June 2024

Baker McKenzie Switzerland AG is a member of Baker & McKenzie International, a Swiss Verein.