1. What are the requirements for starting a company in Luxembourg?

To start a company in Luxembourg, you need to choose a legal structure (such as S.à r.l. or S.A.), register with the Luxembourg Trade and Companies Register (RCS), provide the necessary documentation, and meet minimum capital requirements. Additionally, you must appoint a local manager or director, and comply with local tax and legal regulations.

2. How long does it take to register a company in Luxembourg?

The company registration process in Luxembourg typically takes between 2 to 4 weeks, depending on the complexity of the business structure and the completeness of submitted documentation. Bris Group streamlines this process for faster and efficient setup.

3. What is the minimum capital requirement for setting up a Luxembourg company?

The minimum share capital for a Luxembourg S.à r.l. (private limited company) is €12,000, which must be fully paid upon registration. For an S.A. (public limited company), the minimum capital is €30,000.

4. What are the benefits of establishing a company in Luxembourg?

Luxembourg offers numerous advantages, including a favorable tax regime, access to the European market, political and economic stability, a skilled workforce, and extensive double taxation treaties. It’s an ideal jurisdiction for holding companies, financial services, and international business.

5. How much does it cost to establish a company in Luxembourg?

The total cost includes registration fees, notary fees, legal and consulting fees, and initial capital. On average, setting up a company in Luxembourg costs between €5,000 and €15,000, depending on the company type and services required.

6. Do I need a physical office to register a company in Luxembourg?

No, Luxembourg law does not require a physical office for registration. However, having a registered address or a local virtual office is necessary for legal and correspondence purposes.

7. Can a foreigner set up a company in Luxembourg?

Yes, foreign entrepreneurs and investors can establish companies in Luxembourg without residency restrictions. Bris Group provides assistance to international clients throughout the process.

8. What legal structures are available for company formation in Luxembourg?

The most common legal structures include S.à r.l. (private limited company), S.A. (public limited company), and branch offices. Each has different requirements, benefits, and purposes, which Bris Group can help you choose.

9. What are the tax benefits of doing business in Luxembourg?

Luxembourg offers a competitive corporate tax rate, attractive tax treaties, and incentives for specific sectors like finance and holding activities. It also provides tax exemptions for certain income and favorable transfer pricing rules.

10. How can Bris Group assist with Luxembourg company formation?

Bris Group offers comprehensive support, including company registration, legal compliance, tax planning, banking setup, and ongoing management services to ensure a smooth and compliant establishment process.

11. What are the ongoing compliance requirements for Luxembourg companies?

Luxembourg companies must submit annual financial statements, maintain proper accounting records, file tax returns, and hold annual general meetings to stay compliant with local laws.

12. Is it necessary to have a local director or shareholder in Luxembourg?

No, Luxembourg law does not require local directors or shareholders, allowing 100% foreign ownership. However, having a local agent or director can facilitate certain administrative procedures.

13. How long does it take to open a bank account for a Luxembourg company?

Opening a bank account in Luxembourg usually takes 1 to 3 weeks, depending on the bank’s requirements and your company’s documentation. Bris Group can assist with the banking process to ensure a smooth setup.

14. Can I set up a holding or investment company in Luxembourg?

Yes, Luxembourg is a popular jurisdiction for holding companies due to its favorable tax regime, extensive double taxation treaties, and flexible legal structure options. Bris Group specializes in establishing holding companies tailored to your investment needs.

15. What is the process of dissolving a company in Luxembourg?

Dissolving a Luxembourg company involves passing a resolution, settling debts and liabilities, notifying the Trade and Companies Register, and submitting relevant documentation. Bris Group offers guidance to ensure a compliant and efficient dissolution process.