Luxembourg

Many businesses set up a holding company in Luxembourg due to the fact that there are many ways to be exempt from paying corporate tax on dividends and capital gains of a subsidiary.  There are benefits such as double taxation treaties with 75 countries. Also, Luxembourg banks are one of the best in the world. In some cases, we can open a bank account remotely there with a reputable bank. Luxembourg is also known as a land of investment funds companies. Setting up a family trust in Luxembourg is famous for more reasons: holding assets are very well protected, there is high confidentiality, it’s a supplement to a will or a testament and great benefit of efficient tax planning.

Luxembourg has the lowest VAT in Europe.

Corporate tax VAT
25% 17%

Limited liability company

SARL

Minimum Share capital

12500 EUR

Registered office required

Yes

Physical office required

No

Min. number of Shareholders

1

Min. number of Directors

1

Local Director required

No

Other requirements

Trade license

Bank signatory must travel

In some cases

Timescale for company formation

30 days

Timescale for bank account opening

14 day

Timescale for obtaining VAT number

7 days

Statutory audit requirements

Yes

Shelf companies available

No

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