Luxembourg
Luxembourg is a small landlocked country bordered by Belgium, France and Germany. Its roots stretch back to the 10th century and its history is filled with fairy-tale stories of wars and victories, fortresses and promontories, dynasties and knights.
Luxembourg culture has been influenced by both Romance Europe and Germanic Europe, producing a unique mix. Luxembourgers are proud of their country with their national motto being: “Mir wëlle bleiwe wat mir sin” (‘We want to remain what we are’).
The official languages are French, German and Luxembourgish – a dialect of German.The country is a representative democracy lead by a grand duke. However, it still remains a constitutional monarchy. Luxembourg is a highly developed economy, it has the second highest world GDP per capita when adjusted to the Purchasing Power Parity.
Low taxes and strict banking secrecy laws have created its reputation as a tax haven and lead to the development of Europe’s most powerful investment management centre.
Key Corporate Features |
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|---|---|
General |
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| Basis of Legal System | Civil |
| Type of Company | Ltd |
| Tax on Offshore Profits | 0-25.5% |
| Redomiciliation Permitted | Yes |
| Time to Form | 1-2 weeks |
Corporate Requirements |
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| Minimum Shareholders | 1 |
| Minimum Directors | 1 |
| Corporate Administration | |
| Corporate Directors Permitted | Yes |
Local Requirements |
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| Registered Office/Agent | Yes |
| Company Secretary | No |
| Director | Yes |
| Meetings | No |
Public Filings |
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| Directors | Yes |
| Shareholders | Yes |
| Beneficial Owners | No |
Annual Filing Requirements |
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| Annual Return | Yes |
| Audited Accounts | Yes/No |