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24 June 2016

Brexit: Businesses to re-domicile in Luxembourg

Company re-domiciliation and impact

Following the brexit referendum, Great Britain will leave the European Union. In this context, many business, entrepreneurs, many actors of the financial sector and family offices are now thinking of transferring their company registered office or place of residence to Luxembourg.

 

Transfers of seat or residence / domicile to Luxembourg may be much easier than one may think.

For companies, as soon as the transfer is effective, the company is fully recognised as a Luxembourg national company and can then benefit from the advantages of the Luxembourg tax law, the EU Directive and the double tax treaties signed between numerous countries and Luxembourg.

For individuals (HNWIs), the establishment to Luxembourg can be done in a matter of days for EU nationals and in a matter of weeks for non EU nationals.

 

The whole financial sector is also awaiting many businesses, management companies, advisors and other professionals to move to Luxembourg to enjoy the European Passport for their activities within the EU.

 

Creatrust can provide one-stop-shop advice and solutions for corporations and individuals who wish to redomicile to Luxembourg . 

 

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