Doing business in Luxembourg
Luxembourg is included in the top ranking of the richest countries in Europe. It is a highly developed industrial country with stable economic growth, low inflation, and low unemployment. Luxembourg has tax incentives for investment activities. The GDP is the highest European indicator. The Grand Duchy of Luxembourg is the country with the highest incomes.
Starting a business in Luxembourg as a foreign investor is quite easy given that the same rules apply to local and foreign entrepreneurs. The first step in starting a successful company in Luxembourg is choosing the right type of company. According to Luxembourg Commercial Law, there are several types of legal entities that can be registered here: société anonyme (SA) is a joint-stock limited company; Societe a Responsabilite Limite (SARL) – limited liability company; Société à Responsabilité Limitée Unipersonnelle (SRLU) – Private limited liability company (analogous to an individual entrepreneur);
Forming a company in Luxembourg is quite simple but each country has its own difficulties. Our experts will help you prepare the necessary package of documents and choose the type of company that suits for your business, we will also advise you on taxes and we are going support you at all stages of a company formation in Luxembourg.
In modern companies, the transfer of power to a hired manager occurs in four main causes are as follows – business owners live abroad, the businessman is planning to start a completely new business, business is rebuilt the functional structure into a decentralized holding Usually, the business transfer should be a preferred tool to structure a deal. Our team of lawyers and economists will help you carry out a business transfer and advise you on all issues.
Business in Luxembourg
Luxembourg is one of the most attractive countries for setting up an offshore company. Here legislation rarely changes; taxes are among the lowest in Europe. However, opening a company requires knowledge of the regulatory framework, the selection of shareholders, directors. An independent study of all the necessary documents, the search for a registered agent can take a significant amount of time. Lux Legal will help you register a company in Luxembourg. We will assist in choosing the best type of company following your business and goals and consulting on what licenses are required for your business.