Luxembourg Business Register (Full Overview)

[Launder Expert]

Luxembourg Business Register: Everything You Need to Know​

Luxembourg is known to be an excellent destination for all the entrepreneurs and traders who want to establish a market in Europe. This is because of its business-friendly environment, Great Location, and tax benefits. The most important thing is that it is open to all, whether you have a start-up, an established business, a trader, or an entrepreneur.
In this blog, we will learn about the Luxembourg Business Register, its importance, the steps to apply for registration, its fees, who needs to register their business, and more.

Overview of the Luxembourg Business Register​

A Luxembourg company registration or Luxembourg business register (LBR) manages the Trade and Company Register (RCS). It is an official index that includes all legal traders and companies. A Luxembourg business directory allows the user to monitor a company's activity, such as filing, and receive email notifications when new filings are received. An LBR also provides technology solutions to the companies registered.

Who Needs to Register Their Business?​

Having the name of your company in Luxembourg Trade Register must register with RCS (Luxembourg Trade and Company Register). The list includes companies like:

• Civil Companies
• Commercial Companies
• Non-Profit Associations
• Foundations
• Economic Interest Groups (EIGs)
• Pension Saving Associations
• Agricultural Associations
• Public Sector Enterprises
• European Economic Interest Groups (EEIGs)
• Mutual Insurance Associations

Importance of Registering Business in Luxembourg​

There are many key benefits of Corporate Registration Luxembourg, including:

• It provides authorized pension benefits, social security, and work insurance.
• Protects the confidential information of shareholders and has very strict rules for that.
• Provides low corporate tax rates.
• A stable political environment.
• Central European Location which is easy to access to major markets of europe.
• Provides highly skilled multilingual workforce.

What is the Purpose of the Luxembourg Business Register?​

The main purpose of Luxembourg Enterprise Register is:

• Make the information of the company accessible to the public, government, other businesses, and investors.
• It makes sure that information of the company mentioned in the site matches the information of the company mentioned in the files.
• It interconnects the Luxembourg RCS with the business registers with the other EU member states.

How to Search For Businesses in Luxembourg Business Register​

For Luxembourg Company Search in Luxembourg Business Register, one must follow these steps:

1. Visit the official website of LBR.
2. Go for the search function located on the website page.
3. Now, enter the search criteria, such as the full or partial company name, registration number, or VAT number.
4. Now, the page will display the list matching your search criteria.
5. Click on the required company and go for the detailed information.

Accessing Public Records in the Luxembourg Business Register​

To access the public records in the Luxembourg Business Register, the first one must go to the official website. Afterward, go to the search panel and search for the company you are looking for. After some more searching, you will get access to the information about the company you are looking for.

Updating or Modifying Business Details in the Register​

To update or modify the business details in the Luxembourg:

• Get access to the Business Business Register portal.
• To get access, you must require a "Luxtrust Certificate" for authentication.
• The certificate must be made one month after the change.
• Now file the changes like address, activities, or management.
• It must be done within one month of the change taking place.

Fees Associated with Business Registration​

The fees in Luxembourg Business Registration include incorporation fees, administrative fees, and annual costs.

1. Incorporation Costs: If someone wants to incorporate a company in Luxembourg, the costs may range from 13,600 euros to 30,000 euros.
2. Administrative Costs: The administrative fees range from 1,250 euros to 3,000 euros. If a business demands an additional permit, then extra charges are required.
3. Annual Costs: A yearly cost of maintaining a company in Luxembourg Business Registration is around 2,500 euros.

Steps to Register Your Business in Luxembourg​

To register a company in Luxembourg, one must follow the mentioned steps:

1. Choose a suitable or legal corporate entity.
2. Choose a good name for your company.
3. Prepare the required documents for registration.
4. File the document to register the company in Luxembourg.
5. Open a bank account for your corporate organization.
6. Finally, it is important to meet the financial reporting and tax obligation.

Common Questions About the Luxembourg Business Register​

1. What is the Luxembourg Business Register?
A Luxembourg Business Register is an official index keeping records of all natural and legal persons involved in the trade.

2. How can I register a business in Luxembourg?
To register a business, one must choose a legal business, get a business permit, and then register with the Luxembourg business register.

3. Is it mandatory to register with the Luxembourg Business Register?
Yes, it is mandatory to set up a business in Luxembourg.

4. How do I search for a company on the Luxembourg Business Register?
Anyone can search for a company on Luxembourg's business register official website.

5. What information is available in the Luxembourg Business Register?
Luxembourg Business Register includes company details, registration certificates, and other documents.