Loading...
Branch in Luxembourg 2017-07-19T15:27:46+00:00

Branch in Luxembourg

What is it about ?

 A branch is a secondary establishment characterized by a commercial facility or an operational seat. Within the branch Luxembourg, a representative represents the company and deals with the public on its behalf. Hance Law is highly experienced in the set-up of Branches Luxembourg in the Grand Duchy and we will help you by getting the business license and taking care of the various formalities.

The Legal Framework

There are three instruments:

  •  The law of 10th of August 1915, as amended, on commercial companies;
  • The law of 4th of December 1967 regarding the Income Tax;
  • The law of the 2nd September 2011, relating to the business permit and access to certain professions;
  • Easy management of a branch in the Grand Duchy
  • The day to day management of a branch in Luxembourg is facilitated since :
  • The branch shall not need either a board of directors separated from its parent company nor holding general meetings, as the branch has no legal personality.
  • For most of the tax treaties concluded by Luxembourg, the financial result is non-taxable and non-deductible in the Grand Duchy, and will be taxable in the country of establishment of the branch Luxembourg.

Contact Hance Law

BRANCH IN LUXEMBOURG

AN ESTABLISHMENT CHARACTERIZED BY A COMMERCIAL FACILITY AND

REPRESENTS THE COMPANY AND DEALS WITH THE PUBLIC

Tax Treatment

The financial result such as a benefit of the branch is integrated in the accounts of the company, which are declared where it has the seat and included in those financial statements. If no tax treaty has been concluded between Luxembourg and the country where the seat of the company is located , the income generated by the branch is subject to Luxembourg tax with a system of tax credit for foreign taxes which have been paid (in the country where the company has its seat).

The State where the branch is established, i.e. here Luxembourg; may request a full examination of all the financial accounts of the company in case of control by the tax authorities.

Our Services

WE OFFER SOUND LEGAL ADVISE FOR ALL OF YOUR CORPORATE NEEDS.

Ready to Talk?

WE OFFER COMPREHENSIVE LEGAL SERVICES FOR ALL YOUR CORPORATE NEEDS

Contact Us