Setting up shop in Luxembourg is easy. In a nutshell, all you need is to select an appropriate corporate structure from Luxembourg’s sophisticated legal toolbox, fund it, choose premises, file bylaws, and you’re good to go.
Companies managing group holdings or assets or operating headquarter functions do not need a specific business license. If the company is intended to do business with third parties, such as sourcing or selling products or services, you may need a business license – but it can be granted in less than 10 days.
Corporate vehicles established as platforms for collective investment or to carry out financial service activities require licensing and oversight by the Financial Sector Supervisory Authority (CSSF), while insurance businesses are licensed and supervised by the Insurance Regulator. In the case of investment vehicles, the degree of scrutiny and supervision varies according to the investment strategy as well as the type of investors to which the product will be marketed.