EVTrader ®
EVTrader® is more than just a name; it's a powerful brand built on a solid foundation of intellectual property, ensuring global reach and long-term security for any future owner or partner.
Just as Luxembourg understands the critical role of intellectual property in driving innovation and economic growth, we recognize the vital importance of safeguarding our brand.
EVTrader® boasts:
Starting a Company
Luxembourg offers a variety of legal structures for businesses, each with its own requirements and benefits. When choosing the right structure, consider your business goals, capital requirements, and desired level of liability:
Sole Trader: Ideal for single-person businesses with minimal administrative burden. However, the owner is personally responsible for all debts and legal issues.
Public Limited Company (SA): Suitable for larger companies seeking public share trading and flexibility in adding shareholders. Requires a minimum capital injection of €30,000.
Private Limited Company (SARL): Popular choice for SMEs and startups, with a minimum investment of €12,000. Shareholders are responsible for all company assets.
Simplified Limited Liability Company (SARL-S): Designed for startups and companies with less initial capital (from €1 to €12,000). Requires a business permit but is simpler and less expensive than a SARL.
Taxes
After obtaining your business permit, register for taxes with the Luxembourg Inland Revenue (Administration des Contributions Directes – ACD). While you may receive automatic communication, it's advisable to register proactively.
Here are the key taxes to be aware of:
Corporate Income Tax (CIT): Ranges from 15% for profits under €175,000 to 17% for profits exceeding this threshold.
Value-Added Tax (VAT): Luxembourg has the lowest standard VAT rate in the EU at 17%. Businesses with annual turnover exceeding €35,000 must register for VAT.
Social Security Registration: Required for sole traders and companies, covering unemployment, health insurance, and workplace accidents. Register with the Joint Social Security Centre (Centre Commun de la Sécurité Sociale – CCSS) for specific details.
By understanding these essential aspects of starting a business and navigating taxes in Luxembourg, entrepreneurs can lay a solid foundation for success in this dynamic economy.