Luxembourg SARL - Corporate Environment Summary

Luxembourg has been recognised across the world as offshore vehicles that can be successfully used in a variety of International Business, carry out commercial and industrial activities. Luxembourg is a member of the European Union and member of the Eurozone.

A Luxembourg company, is a limited liability company which conducts its trading and business outside the Luxembourg and is intended for offshore activities. It takes up to 7 days to incorporate a company in Luxembourg.

The Directors of the company may be of any nationality and may reside anywhere. At least one director is required and there is no requirement to appoint a local resident director.

Shareholders of the company may be of any nationality and may reside anywhere. At least one shareholder is required, this can be the same person as one of the directors. There is no upper limit to the number of shareholders and a shareholder can be a person or a corporation.