Setting up a company in Luxembourg involves several steps and requirements. Here are the general steps you need to follow:
Choose the type of company you want to create: In Luxembourg, you can choose between several types of companies such as a Public Limited Company (Société Anonyme - SA), Private Limited Company (Société à responsabilité limitée - SARL), Partnership Limited by Shares (Société en Commandite par Actions - SCA), etc.
Reserve your company name: You need to reserve your company name at the Trade and Companies Register (Registre de Commerce et des Sociétés - RCS) in Luxembourg. You can do this online via MyGuichet.lu.
Draft the articles of association: The articles of association are the legal documents that outline the purpose, structure, and management of your company.
Open a bank account: You need to open a bank account in Luxembourg and deposit the minimum share capital required for your chosen type of company. The minimum share capital required for a SARL is €12,000, while for an SA it is €31,000.
Register your company: You need to register your company with the Trade and Companies Register (RCS) in Luxembourg. You will need to provide the articles of association, proof of deposit of the share capital, and other relevant documents.
Obtain the necessary licenses and permits: Depending on the nature of your business, you may need to obtain specific licenses and permits from the relevant authorities.
Register for VAT: If your company will be selling goods or services subject to value-added tax (VAT), you will need to register for VAT with the Luxembourg VAT authorities.
Hire employees: If you plan to hire employees, you will need to register with the Luxembourg social security authorities and obtain a work permit for any non-EU employees.
It is advisable to seek the assistance of a lawyer or a business consultant to guide you through the process of setting up a company in Luxembourg.
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