IAS - INTERNATIONAL AUDIT SERVICES
WHY CHOOSE LUXEMBOURG?
 
  • Strategic location in Europe with a high standard of living
  • The availability of a qualified multilingual workforce speaking English, French, German and other languages
  • Political and social stability
  • AAA rating by Standard & Poor’s, Moody’s and Fitch
  • Favourable tax treaty agreements with more than 70 countries, plus around 20 treaties pending
  • Very competitive company taxation at 29.22% which is made up of a corporate income tax (CIT) of 21% plus a solidarity surtax of 7% of the CIT plus a municipal business tax of 6.75% (for Luxembourg City)
  • Companies are also subject to a wealth tax of 0.5% of net assets with certain exemptions
  • No withholding taxes on dividends, paid to EU or double tax treaty resident companies, otherwise 15%
  • No withholding tax on interest and royalties
  • Lowest VAT rate in Europe at 17% or less
  • Very competitive personal tax rates up to a maximum of 40%.
  • Very low social security rates of maximum 12% for employees and 15% for employers.
     
Further information on Luxembourg For Finance
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