Why Incorporate in Luxembourg

Updated time: 09 Jan, 2019, 17:44 (UTC+08:00)

Some benefits why incorporate in Luxembourg:

Internationally recognised financial centre
Strategic location in Europe with a high standard of living
The availability of a qualified multilingual workforce speaking English, French and German
Political and social stability
Favourable tax treaty agreements with 57 countries
Very competitive company taxation at 28.59% which is made up of a corporate tax of 21.00% plus an unemployment surcharge of 0.84% and a municipal business tax of 6.75% (for Luxembourg City).
Companies are also subject to a wealth tax of 0.5% of net assets with certain exemptions.
No withholding taxes on dividends, paid to EU or double tax treaty resident companies otherwise 15%.
No withholding tax on interest and royalties.
Lowest VAT rate in Europe at 15%.
Very competitive personal tax rates up to a maximum of 38.95%.
Very low social security rates of 12% for employees and 13% for employers