Luxembourg
provides a unique
low-tax environment
for international
investors. It
is also a founder
member of the
EU, a fact that
sits oddly with
its status as
a tax haven.
The country
is widely used
in corporate
structuring
for cross border
transactions,
but due to its
place in Europe’s
political environment
it is constantly
adapting its
tax legislation
to avoid adverse
conflict with
the tax authorities
of other EU
countries.
REQUIREMENTS
If
there is
only 1 director
(i.e. the
company
form is
a Sarl,
share capital
is €12,500)
no company
secretary
is required.
Share
capital
can be used
as normal
company
funds after
incorporation.
You will
need an
office address.
Use
of nominee
Shareholders
is common
practise-we
can provide
this service.
FEES
Fee
for company
formation,
bank account
set up and
VAT registration:
£ 4,398.90
ex. VAT
Annual
fees: Administration,
accounting
etc. normally
charged
at an hourly
rate, ranging
from EUR
100 - 200
per hour.
(In general,
our associates
would expect
to spend
around 30
to 40 hours
on an annual
basis for
a trading
company).
TIMESCALES
Normally
1-2 weeks
- this assumes
all relevant
documentation
is provided.
OFFICES
Virtual
office (including
telephone,
fax and
mail forwarding
facilities):
£200 per
month payable
quarterly
in advance
plus £600
plus deposit
refundable
within 30
days of
termination
of office
contract
Serviced
office:
cost as
per requirement.
ACCOUNTANCY
Quote
based upon
approximate
number of
monthly
invoices
and projected
annual turnover.
HOW DO I PROCEED?
In order to commence the formation procedure, we will require the following:
Payment
of the company
formation
cost.
A
completed
application
form.
A
certified
copy of
each director/shareholders
passport.
Two
utility
bills that
are less
than three
months old.
