As a key financial hub in Europe, Luxembourg is always at the forefront of significant business developments. Over the past two weeks, the Grand Duchy has witnessed several noteworthy events and updates that highlight its dynamic business environment. Here’s a recap of
Read More
Unlocking Business Potential: A Guide to Company Formation in Luxembourg Why Luxembourg? Luxembourg, often referred to as the heart of Europe, offers a strategic location, political stability, and a business-friendly environment. It’s no wonder that this small yet influential country is a
Read More
On 19 April 2024, a Grand Ducal Decree on CRS was published in the Official Gazette. The Grand Ducal Decree dated 18 April 2024 amends the previous Grand Ducal Decree dated 23 December 2022 and modifies the list of CRS Participating and
Read More
Luxembourg taxes its corporate residents on their worldwide income and non-residents only on Luxembourg-source income. Businesses with taxable income lower than 175,000 euros (EUR) are subject to corporate income tax (CIT) at a rate of 15%. Businesses with taxable income between EUR 175,000
Read More
Brief Summary From 1 January 2024 onward, investment tax credits will change in the following ways: Detailed Look On 19 December 2023, the Luxembourg Chamber of Deputies adopted a law to modernize the current investment tax credit; it will take effect 1
Read More