Country's features:

Geographic location	Between Germany, Belgium and France
Political regime	Constitutional monarchy
Population	509 074 (2012)
Language	Luxembourgish, French and German
Currency	Euro
Time zone	GMT+1

Features of the incorporation of a company:

Type of company	SARL (SOPARFI REGIME) SA (SOPARFI REGIME)
Capital required	SARL: 12 500€ -­> disbursed in full at the time of incorporation SA: 31 000€ -­> 25% disbursed at the time of constitution
Legal system	Civil Law
Number of directors/shareholders	Minimum 1 administrator/ 1 shareholder
Anonymity and confidentiality	The name of the administrators is public (published in the Official Journal and available on the RCS), so the service of a trustee with a power of attorney can be used
Secretary service	No
Corporate tax	SARL y SA -> Income Tax of the Groups (ICC) + tax on wealth (IF) If income < € 15,000: 20% If income > € 15,000: 21%
Wealth tax	0%
Tax on dividends	Between 0 and 15%
VAT	15% (standard)
Government taxes	Yes: 75€
Accounting requirements	Mandatory to keep accounts and file annual reports
Bearer shares	SARL -> Registered: with a register recording the identity of the partners, the mention of assignments and the date of notification or acceptance SA -> Registered or bearer Registered until their release but, if requested by the shareholder, may be converted into bearer shares
Exchange control - non-residents	No

Related links:

• Luxembourg’s government website: http://www.gouvernement.lu