Large business setup in Luxembourg
Starting a large company requires meticulous planning and effort, as there are specific challenges and considerations to address. We can explore the benefits of establishing a major corporation in Luxembourg and how our tailored solutions can support your success.
The process of setting up a large business
Creating a big business in Luxembourg involves a similar procedure to establishing a small or medium-sized company. Nevertheless, because of its size and intricacy, the establishment of a large enterprise usually demands more time and resources. The steps involved are as follows:
Choose a business name
The name of the business should be original and not currently being used. You can verify the availability of a name on the Luxembourg Trade Registry’s site.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your large enterprise. Our expert guidance on Private Limited Liability Company (SARL), Public Limited Company (SA), Simplified Limited Liability Company (SARL-S), Branch Office, Holding Company can assist you in making an informed decision that meets your specific needs and future goals.
Set up legal address
A legal address is crucial in the initial stages of starting a business, as it acts as the primary point of contact for government agencies, legal authorities, and important business communications. It is important to select a legal address that complies with local regulations and fits your business needs.
Get the necessary paperwork ready
Our team of professionals will assist you in developing accurate and detailed documentation specifically tailored to your company’s structure and objectives. We ensure compliance with all legal requirements and will handle the filing procedure on your behalf.
Open a bank account
‘We will support you every step of the way when opening a bank account, making sure the company follows regulations and selecting a trustworthy financial institution in Luxembourg.’
Company registration
We take care of the registration process with entities such as Trade and Companies Register and tax authorities, taking away the administrative hassle from you. This ensures that your business is officially recognized and adheres to regulations from the beginning.
Setup accounting
In order to effectively start a major business, it is crucial to keep precise financial records. Our team of accounting professionals can assist in creating efficient accounting and bookkeeping techniques that adhere to Luxembourg’s regulations.
Large business examples
Large corporations operate within various industries and sectors, each having distinct requirements. The following are examples of large corporations:
- Aviation: Airlines, major aircraft manufacturers
- Bank: Large, national, or international banks
- Blockchain: Depending on the company, it can also be also medium or small sized business
- Cars and vehicles: Major car manufacturers, large fleet management companies
- Construction: Firms handling large infrastructure projects
- Energy: Utility companies, oil and gas producers
- Freight and package transportation: Major shipping and logistics companies (FedEx, UPS, etc.)
- Minerals: Large-scale mining operations
- Tourism and travel: Major hotel chains, international tour operators
Benefits of establishing a large business in Luxembourg
Luxembourg is an appealing location for establishing large enterprises, as it provides numerous benefits.
Strategic location
Luxembourg provides a beneficial tax environment, a strong financial sector, and a welcoming atmosphere for international business activities. It has a stable economy, high-quality infrastructure, and a central location in Europe, making it a desirable choice for companies looking to expand in the region.
Favorable tax regime
Luxembourg is known for its advantageous corporate tax system, with a flat corporate income tax rate of 24.94% that may be subject to deductions and exemptions. The country also has a wide-reaching network of double tax treaties.
Banking
Luxembourg’s banking industry provides a sophisticated and reliable financial setting with a diverse array of investment options, drawing in global investors interested in wealth management and financial services.
Our Large business setup solutions
We understand how valuable your time and resources are. That’s why we offer two convenient options to make the company formation process easier.
Business formation online
With the online platform offered by Luxembourg, individuals can begin and finalize the process of starting a business from any location worldwide. The option to track progress, provide necessary paperwork, and access our services via secure digital platforms guarantees a seamless and convenient experience.
Business formation remotely
If you’d rather not deal with the paperwork, we can manage it all for you. Our team of experts will handle all the necessary paperwork, including liaising with the appropriate authorities, to ensure your peace of mind.
Contact us
Contact us today to schedule a meeting and begin pursuing your business goals. Let’s start this journey together.