Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
---|---|---|---|---|---|
7460.00 EUR | 4980.00 EUR | 3 | 19.26% | 30987.00 | Yes |
Company registration in Luxembourg
Luxembourg is a small European country that compensates for the size of its territories with broad business opportunities. It is located in the heart of Europe, which allowed to establish close business ties in the largest EU markets. The state is open to direct investment to the maximum extent, which attracts international business. Luxembourg is a world-famous financial center with thousands of funds. Its stock and equity market is the second largest in the world. The funds of Luxembourg are divided into 3 categories:
These categories are not subject to fiscal obligations on income and capital gains. They are also exempt from stamp duty on transactions with shares. Incorporation in accordance with 7 steps
The procedure of incorporation in Luxembourg is simplified as much as possible for both local and foreign investors. Favourable organizational and legal formsPrivate Limited Liability Company (S.A.R.L.) - minimum capital is 31000 euros, during the registration period only 25% are paid. It is allowed to issue different types of shares (preferred, with / without voting rights, ordinary). Mandatory presence of the director, residence of whom does not matter. Nominee service is allowed. Taxes up to 29, 63%. Public Limited Liability Company (SA) - minimum capital is fully paid in the amount of 12,500 euros. It is allowed to issue various types of shares (preferred, with / without voting rights, ordinary). It is necessary to have a director whose residency does not matter. Nominee service is allowed. Taxes do not overcome the indicator of 29, 63%. Basic requirements for registrationAny company registered in Luxembourg is required to have certain documents confirming the validity of the legal entity in the Grand Duchy. It is necessary to develop a charter, and for founding members - it is necessary to provide samples of signatures, passport copies and other documents.
Minimum statutory contribution must be paid to the corporate account. Entrepreneurial activity should be carried out through the main office. Advantages of investing in LuxembourgIn terms of global economic crisis, Luxembourg manages to maintain stability. The economy of the country is based on several types of entrepreneurial activity: financial services, manufacturing, retail, e-commerce, communications and logistics, import and export.
High quality of life in the state is a fertile ground for the development of new projects and large corporations.
Working with our experts, you will be able to open and register a company in Luxembourg as soon as possible. For additional questions, please contact Law&Trust International. |
Set of documents | |
|
|
Nominee director and shareholder | |
EUR |
|
Square | 2 586.00 |
Population | 509 074.00 |
Capital | Luxembourg |
Unemployment | 17.20 |
State polity | Constitutional monarchy |
Telephone code | 352 |
Place in the world in corruption | 11 |
location | Western Europ |
Climate | Modified continental with mild winters, cool summers; avg. maximum temperature (July) +24°; avg. minimum temperature (January) -3° |
Literacy rate | 100.00% |
Ethnic groups | Luxembourger 63.1%, Portuguese 13.3%, French 4.5%, Italian 4.3%, German 2.3%, other EU 7.3%, other 5.2% |
National currency | Euro |
USD exchange rate | 0.75 |
GDP per capita | 3 |
Official language | Luxembourgish (national language), German (administrative language), French (administrative language) |
Credit rating | AAA |
The judiciary | The Constitutional Court, Courts and Tribunals (Supreme Court of Justice, including the Court of Appeal, the Court of Cassation, two areas of the Tribunal, the Tribunal three); administrative courts and tribunals. Judges of all courts are appointed by the |
Executive authority | Head of government: Prime Minister, Deputy Prime Minister. Government: Council of Ministers appointed by the monarch on the recommendation of the Prime Minister. |
Legislative authorities | The Chamber of Deputies (60 seats) |
Opportunity to purchase ready-made companies | Yes |
Legal system | Civil Law |
The use of the Cyrillic alphabet in the name | No |
Local registered office | Yes |
Organizational and Legal Forms | SOCIETE ANONYME (JOINT STOCK COMPANY) SOCIETE A RESPONSIBILITE LIMITEE GENERAL PARTNERSHIP LIMITED PARTNERSHIP BRANCH OF OVERSEAS COMPANY 'HOLDING' COMPANY |
Indication of BPA in the name | Société Anonyme, SA or AG |
Prohibited expressions in the name | Bank, Building Society, Savings, Insurance, Assurance, Reinsurance, Fund Management, Investment Fund |
Local registered agent | No |
The information required to be kept at the registered office | register of shareholders |
Standard currency | Euro |
Information about the beneficiary is disclosed | 30,990 euro |
The minimum amount of paid-in capital, nat. currency | 30,990 euro |
The minimum amount of the issued capital | 30,990 euro |
Bearer shares | No |
Terms of payment of the issued capital | 25%, payable before incorporation |
The usual size of the authorized capital | 31000 euro |
Terms of capital payment | No restrictions |
Usual nominal value of shares | 100 euro |
Possibility to issue shares without par value | Yes |
VAT | Yes |
Basic corporate tax rate | 19.26% |
Capital gains tax | Yes |
Withholding tax | Dividends - 15% (but maybe reduction or exemption); interest and royalties - no |
Currency control | No |
The tax on personal income | Progressive scale of rates to 39% |
Corporate tax rates details | Rate reduced from 19% to 18% as from 1 January 2018. 18% rate applies to companies whose taxable income exceeds EUR 30,000; 15% rate applies if taxable income does not exceed EUR 25,000. Surtax of 7% contributed to unemployment fund and municipal business tax also apply. |
Stamp duty | Yes |
Other taxes | Council tax on commercial activities (6% - 12%); property tax (0.5% of the operating assets); the real estate tax; property transfer tax |
Minimum number of directors | 3 |
The requirement for residency directors | No |
Director of legal entities are allowed | Yes |
The data reveals to the local agent | Yes |
Data field to the public registry | Yes |
Meeting / regularity / place | No restrictions |
The requirement for the presence of the Secretary | No |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 1 |
Data is entered in the public register | Yes |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | Yes |
Information may be disclosed to the local agent | Yes |
Shareholders-legal entities are acceptable | Yes |
Meeting / regularity / place | Yes / annually / as defined in the statute |
The requirement for filing reports | Yes |
Open access to reports | Yes |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | Yes |
Treaty on avoidance of double taxation (States which signed) | 62 |
Membership in the OECD | No |
Is it offshore according to Russian legislation | No |