company formation luxembourg

   +352 671 533 922


+352 671 533 922
Company Formation Luxembourg



The transfer of foreign employees to Luxembourg will become easier


The Grand Duchy of Luxembourg has an open economy and a welcoming attitude towards foreign direct investments. The country’s economic and political stability (even during the financial crisis) has attracted numerous foreign investors who prefer to bring their own staff when working in Luxembourg. However, intra-corporate transfers can be strenuous, especially for the employee’s family. Luxembourg officials have announced a proposal to ease the work permit conditions for third-country nationals.

Corporations can determine their taxable income in their own currency


The Luxembourg tax law was amended so that corporations in Luxembourg are allowed to determine their taxable income in the currency of their corporate capital, other than Euro. The circular issued by the Luxembourg tax authorities announcing this change provides guidelines on the procedure. This will allow taxpayers to avoid exchange differences between euros and other currencies.

Stable profits in Luxembourg’s financial sector


Luxembourg offers many investment opportunities for foreign investors. The number of new banks and bank branches opened in Luxembourg increased last year with approximately 100 new units, compared to 2012. The profits recorded in the banking sector have stabilized during 2013, as revealed by a report published by KPMG Luxembourg.

Stronger economic and trade relations between USA and Luxembourg


Luxembourg’s Foreign Affairs Minister, Jean Asselborn, and John Kerry, Secretary of State of the United States of America, examined the economic and trade relationships between the two countries during an official meeting. The two officials focused on the Transatlantic Trade and Investment Partnership (TTIP) and how to overcome certain concerns.

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As a BridgeWest partner for many years, is for sure a great choice when wanting to start a business in this important financial hub. International entrepreneurs can rely on the professionalism of this team.

Vlad Cuc, Director of BridgeWest

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