Luxembourg
PRESENTATION
- A Grand Duke, a government and a parliament elected by universal suffrage
- Borders with Lorraine, south-eastern Belgium and western Germany
- 2 600 km2 and 500 000 inhabitants. Luxembourg City, capital of 100 000 inhabitants
FEATURES
- Access via motorway and TGV (2 hours from Paris). Luxembourg International Airport
- Official Languages: French and Luxembourg
- GNP per capita: $ 64,500 (Atlaséco of 2009)
COMPANIES
- SOPARFI (Financial Holdings Corporation). See SPECIAL ADVANTAGES
- SA or SARL
- Capital: 31 000 €. Created by us, a notary
- Payroll Taxes: 14.40% for the company and 10% for the employee
- 15% VAT on goods, services 12%, 6% and 3% on lower rates
- No estate duty or EWB, for non-residents
- Refund of VAT on costs (fuel, restaurants, etc ...)
- SPF (Society of Family Wealth Management)
RESIDENCE
- Treaty of Rome: "Every European citizen has the opportunity to create a company in one EU member country, where he found his interest and that, legally"
- Nationality Luxembourg possible after 7 years of residence
BANKS
- Some 150 banks from 24 different nationalities
- Banking secrecy enshrined in the constitution. Its violation is a criminal offense
- Research funding at preferential rates
SPECIAL ADVANTAGES
- Tax at 6% for patents and intellectual properties, as part of a SOPARFI
- Imposition of 0% for dividends from a foreign ownership SOPARFI
- Anonymity and VAT exemption for purchases of gold
- Tax exemption on stock exchange transactions, as part of an SPF
- Creation and acceptance of offshore company
- Luxembourg is not a tax haven
- Benefits and status of the 1929 Holding company

