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Luxembourg

Luxembourg is, undoubtedly, highly recognised as an international financial centre, partly due to its political and social stability as also due the numerous favourable tax treaties of which it is a party, which ,render it advantageous, especially, for the incorporation of Holding Companies. The type of the company formed is that of a Private Limited Company (Ltd) i.e. it has a legal identity distinct from its Shareholder(s) and Director(s) and is thus preferential for Owners, inter alia, due to the fact that it provides protection of personal assets and limits ones personal liabilities.
The incorporation process takes 5 to 7 days. The tax on offshore profits is 0-25.5% and there are no exchange controls. GFA TRUST operates with in-house qualified EU lawyers and the service for Malta and other EU countries for company formations is pristine.

The jurisdiction’s Local Requirements are limited to the existence of a Registered Office/Registered Agent which/who is to be located in Luxembourg with no obligation attached as to the presence of a local Company Secretary, Director or with the legal obligation that the meetings of the company take place in Luxembourg, as the location of the Board Meetings, can be placed anywhere in the world as also the company’s administration. The minimum number of Directors and Shareholders is 1.

Public filings are obligatory for the Director(s) and the Shareholder(s) of the company, hence, safeguarding the Ultimate Beneficial Owner(s) from publicly disclosing their information. Furthermore Annual Filing Requirements exist both in connection to the submission of the company’s Annual Return and in connection to the Audited Accounts of the company.

Both the issuance of bearer shares and company re-domiciliation is permitted, as also, the acquiring of shelf companies and the appointment of Corporate Directors.

In addition to the above mentioned, Luxembourg is one of the most attractive jurisdictions for the incorporation of a Holding Company, known as SOPARFI or Societe de Participations Financieres which is especially attractive for entrepreneurs engaging in industry, commerce, real estate etc.. This so, as the foreign investors and entrepreneurs, can benefit from a regime of exemption in connection to dividends and capital gains on shares provided that certain criteria are met, in connection to which, our team of experts can inform you and guide you accordingly.