Luxembourg's open economic policy and pro-business environment have attracted many foreign investors. Its geographical proximity to France, Germany and Belgium makes it a country with a well-developed economy, finance, and service industry. Due to the advantages of its tax system and open financial markets, it attracts many companies to register here.
Types of company registration in Luxembourg.
Types of business entities to consider before registering company in Luxembourg. There are several types of business structures in Luxembourg, each with varying degrees of personal liability protection, tax implications, ownership and management flexibility, and compliance requirements.
There are three common business structures in Luxembourg:
1. Special limited partnership.
2. Private limited liability company.
3. Public limited liability company.
Conditions for Luxembourg company registration.
1. Company name: The company name must be unique and cannot be the same as other registered company names.
2. Shareholders: The company needs at least one ** east, which can be an individual or a company.
3. Registered capital: The registered capital of the company must meet the low requirements, generally about 12,000 euros.
4. Company address: The company needs to be registered in Luxembourg and must have a physical address.
Process of registering a Luxembourg company.
1. Company name selection.
The first step in registering a Luxembourg company is to choose a company name. The company name should comply with the provisions of Luxembourg laws and regulations and cannot duplicate a registered company name. After that, the company name application needs to be submitted to the ** register, and a certain fee is paid.
2. Selection of registered address.
Company registration requires the selection of a registered address. The registered address of the company must be located in Luxembourg. If you don't have your own office space, you can use the address provided by a professionally registered company.
3. Company type selection.
According to Luxembourg law, companies can choose different types to register. For example, Limited Liability Company (SARL), Shares *** SA), etc. Each type of company has different advantages and disadvantages, and the specific choice needs to be judged according to your actual situation.
4. Selection of shareholders and directors.
After choosing the type of company, the shareholders and directors of the company need to be determined. In Luxembourg, the shareholders and directors of a company can be natural or legal persons, foreigners or nationals. However, if you are a foreigner, there are some additional documents that need to be submitted for review.
5. Registered capital.
When registering a Luxembourg company, it is also necessary to determine the registered capital. The registered capital can be currency,** or other assets and must be deposited into a designated bank account before the company is registered.
6. Register a company.
Once you have completed the above steps, you will need to submit your application for incorporation to the ** register. When submitting the application, you will need to provide information about the company, including the company name, registered address, shareholder and director information, etc.
7. Tax registration.
After completing the company registration, it needs to be registered with the local tax department. Within 30 days of registration, the application must be submitted to the tax department.
It is important to note that in most cases, both directors and shareholders are required to provide basic KYC documents. Some of these documents include the names of the directors, certified copies of genuine passports, proof of address, bank reference letters, and resumes for due diligence purposes.