Whether your activity is of a commercial nature, related to craftsmanship, industry, or a liberal profession, you need a business permit from the economy ministry. Depending on the activity, you may have to prove you have relevant professional qualifications.
If you come from a non-EU country, remember you will need a residence permit if staying in Luxembourg for more than 90 days.
The structure you choose dictates how your business can operate. A sole proprietorship gives greater flexibility and is less onerous on an administrative level. If establishing a company, will it be a public limited company (SA), a limited liability company (Sarl), or a simplified limited liability company (Sarl-s)?
Getting your head around tax in Luxembourg is not easy. Did you know there are four different VAT rates applicable? Other basic taxes to consider are personal income tax and social security contributions.
Home for your business
If you’re not ready to sign a long-term office lease, the coworking space and serviced offices sectors are booming in Luxembourg. You might even find other businesses to work together with on projects. Check out our favourites here.
This article was originally published in the Delano 2020-2021 Expat Guide.