In the very center of Europe, there is a small duchy called Luxembourg. This state is famous for its 1000-year-old culture, and the largest number of investment funds and banks operate on its territory. Moreover, Luxembourg is one of the biggest financial centers in the world. The convenient location and presence make favorable conditions for doing business in this country. It is a country of developed infrastructure, flexible tax policy, high investment climate, and much more.
Considering Luxembourg
Luxembourg provides land plots at relatively low prices. These lands have all the necessary infrastructure and are located near airports, train stations, etc.
Business incubators are business development centers that help hi-tech startups and some other types of businesses. Incubators, as in most other countries, help new projects develop.
The state assists in addition to banking and equity investments. As a rule, the state offers financial resources to small and medium-sized businesses.
Luxembourg has a low VAT rate, profitable income tax, accelerated depreciation, and other tax benefits.
Business formation steps
Entrepreneurs who are interested in starting a business in Luxembourg must meet several requirements to quickly and correctly get started on the Luxembourg market.
1st Market research
The very first step in the company formation process is market research and entry.
2nd Choosing the company name
The second step is to choose the legal name of a company in Luxembourg.
3rd Document preparation
The third step includes a lot of paperwork and document preparation.
4th Bank account
Every company goes through a corporate bank account opening step.
5th Tax identification number
Obtaining from the tax service a tax identification number and a VAT number.
6th License acquisition
The last step is to acquire a business license for the business.
Our company offers comprehensive services for the formation of a company, we will help you prepare documents, obtain the necessary licenses, open a bank account so that your company successfully enters the Luxembourg market.