Establishment of companies
Luxembourg Consulting Group AG establishes all types of private companies/non-incorporated firms and also corporations.
Establishment procedure
The establishment of a Luxembourgian corporation takes place, as a rule, in the following steps:
- Selection of company name
In this respect, there are no special regulations; the name must not be expressly related to the company purpose; creative names are allowed.
The company’s name must solely be distinguishable from that of any other Luxembourg-based company.
- Preparation of the articles of incorporation
The articles of incorporation are determined by the founding partners and then submitted to a notary. The articles of incorporation can be written in Luxembourgian, French, German or English. If originally written in English, a translation to Luxembourgian, French, or German must be included.
- Capital provision
In case of a cash deposit, the deposited capital is paid, as a rule, to a blocked account at a European bank. The Bank then sends to the notary a written conformation statement, as evidence of the deposit.
Where investments of material assets are concerned, a report issued by an independent auditor must be submitted to the notary. This report should verify that the value of the material investment at least equals the value of the shares issued in return.
- Notary Certification
The following documentation is required:
- Bank certification or a report from an auditor;
- Copy of the applicant’s passport (for corporate entities, the excerpt from
the commercial registry), as well as those of the directors, administrative
councillors and oversight organs;
- Proxy statements for the persons appearing before the notary as the
partners’ representatives;
- Declaration of the final commercial beneficiary of the company.
The articles of incorporation are then signed, either by the founding partners themselves or in accordance with the proxy statement, and certified by the notary. Following this process, the company can begin its intended work.
- Registration and publication of the articles of incorporation
The articles of incorporation must be registered and entered into the commercial registry. Then, it must be published in the gazette.
- Time frame
Several days.
- Trading certificate
A potentially required trading certificate is obtained from the Ministry for Mid-Sized Businesses following establishment of the company.
Notice: as a rule, the company is already able to act in an unrestricted fashion according to the certification by the notary, and not required to await entry/publication in the trade registry.
Establishment costs
The establishment costs amount to ≥ 2,900.00 EUR – depending on the legal form and the amount of available share capital - and encompass the following:
- Concept for the articles of incorporation;
- 1% corporate tax;
- Notary fees;
- Registration and entry of the articles of incorporation into the commercial registry, publication in the gazette.
Detailed price lists for SA / AG and SARL / GMBH
Shelf companies
Luxembourg Consulting Group AG also sells companies already established - or overall corporate assets.
- Term of delivery: 3 days.
Request a list of shelf companies here
Company Leasing
In order to effectively manage and transact projects, a corporation may only be required for a limited period of time or occasionally – or for a limited number of transactions.
LCG has been founded for this purpose and will provide its own corporations.
Head offices / Branch offices / Representative office
LCG will register, in Luxembourg, the Representative Office, Branch Office or Head Office of your foreign-based company.
