Small business setup in Luxembourg
Having a favorable tax environment, a well-established financial sector, and being conducive to international business operations, Luxembourg offers a supportive environment for small businesses. We specialize in assisting start-up and expanding small businesses. Our extensive knowledge of the local market and expertise in company formation allows us to help you with the necessary documentation and processes to establish your small enterprise in Luxembourg. Let’s talk about the benefits of starting a small startup company in Luxembourg and how our specialized solutions can help facilitate your success.
Formalities and procedure
The process of obtaining registration for a small business in Luxembourg consists of a number of steps that can be finalized within a short period of time.
Choose a business name
The name of the business must be original and not currently being used. You can verify if a name is available by visiting the website of the Luxembourg Trade Registry.
Select legal entity type
Choosing the right legal structure is crucial for the prosperity of your small business. In order to assist you in making a knowledgeable choice that meets your unique needs and future goals, we offer expert advice on Private Limited Liability Company (SARL), Public Limited Company (SA), Simplified Limited Liability Company (SARL-S), Branch Office, Holding Company.
Set up legal address
It is critical to have a legal address when launching a business, as it acts as the primary point of contact for government agencies, legal entities, and important business communications. Selecting a legal address that complies with local regulations and aligns with your business needs is crucial.
Get the necessary paperwork ready
Our team will assist you in developing detailed and tailored documentation specific to your company’s needs and objectives. We ensure compliance with all legal requirements and will handle the submission process on your behalf.
Open a bank account
Setting up a business in Luxembourg necessitates having a corporate bank account. We will support you every step of the way to ensure you meet all requirements and aid you in opening a bank account with a well-known financial institution in Luxembourg for your small business activities.
Company registration
We take care of registering your small business with authorities such as the Trade and Companies Register and tax authorities, freeing you from the administrative responsibilities. This ensures that your small business is legally recognized and compliant from the beginning.
Setup accounting
In order to effectively start a small business, it is crucial to keep precise financial records. Our group of accounting professionals can assist in setting up efficient accounting and bookkeeping procedures that adhere to Luxembourg’s laws.
Small business examples
Small businesses are found in various industries and sectors, each with their own unique requirements. Here are a few examples of small businesses:
- Business support: Smaller consultancies, individual service providers
- DIY retail: Locally-owned hardware shops, small home improvement stores
- Education: Tutoring services, small language schools, independent trainers
- Farming: Smaller, family-run farms
- Fitness: Individual trainers, small local gyms or studios
- Food and beverage retail: Independent grocery stores, coffee shops, bakeries
- Hotels and motels: Smaller, independent hotels or motels
- Laboratory: Smaller independent testing labs
- Marketing: Freelance marketers, small local agencies
- Media: Independent content creators, niche publications, small production companies
- Printing: Small local print shops
- Real-estate: Individual realtors, very small brokerage firms
- Restaurant: Independent, non-chain restaurants
Benefits of establishing a small business in Luxembourg
Luxembourg is an attractive option for starting a small business, providing a wide range of benefits.
Strategic location
Luxembourg provides a beneficial tax environment, a well-established financial sector, and a welcoming atmosphere for international business activities. With a stable economy, top-notch infrastructure, and a central location in Europe, it is an appealing choice for businesses looking to set up operations in the region.
Favorable tax regime
Luxembourg offers a beneficial corporate tax system, with a flat corporate income tax rate of 24.94% and possible deductions and exemptions available. The country is recognized for its wide range of double tax treaties.
Banking
Luxembourg’s banking sector provides a complex and steady financial setting that includes various investment options, appealing to global investors in need of wealth management and financial services.
Our small business setup solutions
We understand the value of your time and resources. That’s why we offer two convenient choices to make the company formation process easier.
Business formation online
By utilizing the online platform offered by Luxembourg, individuals can start and finalize the process of setting up a business from any location globally. The option to track advancement, submit necessary paperwork, and access our services via secure digital platforms guarantees a seamless and hassle-free experience.
Business formation remotely
If you would rather have a more hands-off experience, we are able to manage all the paperwork for you. Our team of experts will handle all the necessary paperwork, complete all the required documentation, and communicate with the appropriate entities on your behalf to ensure your peace of mind.
Contact us today and launch your small business success
Contact us today to schedule a consultation and begin pursuing your business goals. Let’s embark on this journey together.