Open a Startup in Luxembourg

Luxembourg is a prolific business destination and support for a wide range of startups with foreign ownership. The startup ecosystem in Luxembourg and the social entrepreneurship are sustained by a stable and developed economy, and by a government focused on the attraction of foreign investments in a large percent. A startup in Luxembourg can be registered with complete support from our team of company formation agents in Luxembourg who can help foreign entrepreneurs with the formalities involved.

What are the main steps for opening a startup in Luxembourg?

1. Choose the business form in agreement with the future operations – SARL is often chosen by small entrepreneurs in Luxembourg.
2. Decide on a business name and make verification with the Trade Register in Luxembourg.
3. Prepare the Articles of Association – these are the constitutional documents of the startup, with information about the owners, general rules, business address, and many more.
4. Open a bank account and transfer the minimum share capital requested. In the case of SARL, EUR 12,500 is the minimum share capital.
5. Obtain the blocking certificate from the bank, a document that shows the minimum share capital has been drafted. With this document, the company can be incorporated.
6. Apply for a business license if applicable for the future activities of your startup in Luxembourg.
7. The registration for VAT, one of the most important tax in Luxembourg is made with the Land Registration and Estates Department, where a declaration must be submitted.
8. If your company will have employees, the registration for social contributions is needed.
9. The registration of a startup in Luxembourg can be overseen by one of our company formation representatives in Luxembourg, so you can talk to us at any time.

Reasons to consider Luxembourg a great destination for startups

• • About 45% of the population is represented by foreigners in Luxembourg, so your startup will have an international viewpoint from the beginning.
• • The stable economy and the multitude of business possibilities are Luxembourg’s strong points.
• • The tax regime is advantageous for foreign investors in Luxembourg, mentioning that the corporate income tax is set at 15% rate.
• • The registration formalities of a startup in Luxembourg are quite simple, and you can solicit our support if you want us to represent your startup in this country.

Why make investments in Luxembourg?

• • approximately USD 165,000 million was the total FDI stock for Luxembourg in 2018;
• • Luxembourg ranks 18th on the Global Competitiveness Index for 2019;
• • the 2020 Doing Business report issued by the World Bank ranks Luxembourg 72nd out of 190 economies in the world;
• • 50% of the FDI received by Luxembourg came from EU countries.