|
|
Luxembourg
| Location | Central Europe. |
| Time Zone | Greenwich Mean Time +1. |
| Population | +450,000. |
| Capital | Luxembourg. |
| Airport | One. |
| Language | Luxembourgish, French, German. |
| Currency | Euro. |
| Dialing Code | +352. |
| Centre's Expertise | Financial. |
| Political System | Democracy. |
| Legal System | Roman law. |
| Personal Income Tax | 0% to 38.95%. |
| Corporate Income Tax | 28.59%. |
| Exchange Restrictions | No. |
| Tax Treaties | USA, Netherlands, France, Denmark, Finland, United Kingdom, Qatar, Austria, Norway, Armenia, Bahrain, India. DTAs: South Africa, Albania, Germany, Argentina, Austria, Azerbaïdjan, Bahreïn, Barbuda, Belgium, Brazil, Bulgaria, Canada, China P.R, Cyprus, Korea (Rep. of), Denmark, United Arab Emirates, Spain, Estonia, United States of America, Finland, France, Georgia, Greece, Hong Kong, Hungary, Maur |
| Permitted Currencies | Any convertible currency. |
| Minimum Authorised Capital | €12,500 (SARL) or €31,000(SA). |
| Minimum Share Issues | 25% of capital for an SA. 100% of capital for an SARL. |
| Shelf Companies | Yes. |
| Incorporation Time Scale | Two days. |
| Incorporation Fees | €5,700 (some costs min capital). |
| Annual Fees | €7,500 (some costs min capital). |
| Minimum Number | One. |
| Residency Requirements | No. |
| Corporate Directors | Yes. |
| Meetings/Frequency | Annual minimum. |
| Disclosure | Yes, Nominee possible. |
| Bearer Shares | SA: yes. SARL: no. |
| Minimum Number | One. |
| Public Share Registry | Yes (SA: only first shareholders). |
| Meetings Frequency | One per year minimum. |
| Annual Return | Yes. |
| Audit Requirements | Yes, if two of the conditions are exceeded: average number of employees of 50; balance sheet total of €3,125,000; turnover of €6,250,000. SA requires |
| Registered Office | Luxembourg. |
| Domicile Issues | No. |
| Company Naming Restrictions | Different from existing ones. |
|