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Comment créer son entreprise au Luxembourg

La procédure administrative requise pour créer et exploiter une entreprise au Luxembourg, que ce soit en tant qu'entité ou en tant qu'indépendant, est compliquée et prend du temps. Pour vous aider à comprendre les démarches ainsi que les documents nécessaires, nous avons rédigé cet article. Pour être clair, nous ne sommes pas des avocats et les informations suivantes ne doivent pas être considérées comme des conseils juridiques. Vous devriez chercher un avocat approprié pour votre propre situation. Ce matériel est destiné aux réfugiés et autres nouveaux arrivants au Luxembourg. Si vous faites des affaires en dehors du Luxembourg, nous vous encourageons à trouver des sources pertinentes pour y faire des affaires.

Préparation et premières étapes

Préparation et premières étapes avant de lancer votre propre entreprise ou en tant qu'expert indépendant

1. Maîtrise de la langue
2. Reconnaissance du diplôme
3. Formation
4. Plan d'affaires

Si vous êtes demandeur d'asile, vous ne pourrez pas obtenir d'autorisation d'établissement tant que vous n'aurez pas obtenu votre titre de séjour. Cependant, nous vous encourageons à commencer par 4 étapes initiales, afin que vous puissiez créer une entreprise plus tôt une fois que vous aurez obtenu la résidence. Et si vous n'obtenez pas de résidence, vous aurez acquis des compétences précieuses - telles que la maîtrise de la langue, des connaissances en informatique, des compétences en rédaction et en présentation qui peuvent vous aider à trouver un emploi partout dans le monde.

 

Ces quatre étapes initiales sont :

 

 

  1. Maîtrise d'une langue couramment parlée au Luxembourg (français, luxembourgeois, allemand ou anglais).

  2. Obtenir votre diplôme d'études secondaires, si vous en avez un, reconnu par le Service de la Reconnaissance des Diplômes.

  3. Participer à au moins un programme de formation pertinent à votre projet.

  4. Création d'un plan d'affaires de base.

REMARQUE : Ces étapes sont utiles pour tous les entrepreneurs et ne nécessitent pas de papiers résidentiels à remplir.

 

 

1. Maîtrise de la Langue

 

Les langues sont importantes pour faire des affaires dans n'importe quel pays, mais au Luxembourg, le manque de communautés ethniques non européennes fortes la rend encore plus importante. Au Luxembourg, parler principalement le français, mais dans certains cas aussi l'allemand, le luxembourgeois ou l'anglais est crucial pour communiquer avec les clients, les fournisseurs et les fonctionnaires.

  • Pour vous inscrire aux cours de langue, rendez-vous sur la plateforme "Youarewelcome.lu" pour explorer les différentes options.

  • "Mes 500 premiers mots et phrases dans les 5 langues du Luxembourg" est une recherche que vous pouvez trouver ici :  http://www.amcham.lu/language-learning/. Il a été développé par la Chambre de Commerce Américaine à Luxembourg.

  • Il existe de nombreuses ressources en ligne gratuites (c'est-à-dire Youtube ou duolingo) ou payantes qui peuvent compléter votre programme d'apprentissage des langues.

  • Enfin et surtout, interagir avec les habitants, regarder la télévision et lire des livres ou des journaux vous aidera à parler couramment.

 

2. Reconnaissance du diplôme

Faire reconnaître votre diplôme d'études secondaires ou universitaires est important pour éventuellement obtenir un permis d'entreprise. Même si vous ne créez pas d'entreprise, un diplôme reconnu pourrait s'avérer utile pour trouver un emploi ou négocier un salaire plus élevé.

 

 

Si vous souhaitez faire reconnaître votre diplôme d'études secondaires, vous pouvez le faire avant d'obtenir la résidence en contactant le Service de la reconnaissance des diplômes et en suivant les procédures nécessaires. Si vous souhaitez faire reconnaître votre diplôme universitaire, votre certificat de formation ou toute autre qualification non secondaire, vous devez attendre de recevoir les papiers de résidence. Ensuite, contactez le Ministère de l'Enseignement Supérieur pour effectuer les démarches nécessaires.

 

Si vous n'avez pas de diplôme d'études secondaires ou universitaires, vous pouvez remplacer cette exigence par une licence commerciale en suivant un cours de gestion d'entreprise de 50 heures en français ou en anglais à la House of Training et en réussissant un examen. Voici le lien.

 

 

Vous pouvez également remplacer cette exigence par l'obtention de quelques années d'expérience professionnelle dans l'activité choisie, mais vous devez vérifier les exigences spécifiques à votre profession sous le lien suivant : http://www.guichet.public.lu/[. ..]/autorisation-etablissement/


Les exigences diffèrent selon le pays et le type de diplômes. Pour obtenir des informations à jour sur la manière de faire reconnaître votre diplôme, veuillez consulter : http://www.luxembourg.public.lu/[...]reconnaissance-diplomes/

 

Vous pouvez également contacter le ministère de l'Enseignement supérieur et de la Recherche par téléphone (+352 247 86619) ou par e-mail (registre@mesr.etat.lu) pour vous renseigner sur votre cas particulier.

 

3. Formation 

Le projet Touchpoints Sleeves UpHouse of TrainingNyukoFit4Entrepreneurship et Chambre des Métiers offrent une formation sur "comment devenir entrepreneur" ou améliorent les compétences connexes. C'est un bon moyen d'améliorer vos qualifications professionnelles tout en améliorant vos compétences linguistiques. Pour des informations à jour sur les derniers cours et les sujets, veuillez visiter les liens ci-dessus.


Pour tout projet impliquant la préparation ou la consommation d'aliments ou de boissons sur place, la réussite du cours HORECA de 13 heures et la réussite du test à la fin sont également requises. Le cours est en français avec la possibilité de passer les examens en anglais. Certaines exceptions peuvent être faites pour les cas où les personnes ont plus d'un an d'expérience HORECA au sein de l'UE.


Pour ceux qui souhaitent exercer des activités considérées comme artisanales (telles que la boulangerie, la coiffure, le nettoyage ou les travaux liés à la machinerie), il est généralement exigé de présenter une preuve officielle de qualifications et d'expérience professionnelles délivrée par le gouvernement. Cela peut impliquer quelque chose d'aussi simple qu'un bordereau d'enregistrement officiel ou un avis d'imposition de votre pays d'origine. Veuillez contacter la House of Entrepreneurship et/ou la Chambre des Métiers pour recevoir des informations sur les exigences de votre métier spécifique.

 

 

Dans le passé, le cours de gestion d'entreprise (également disponible en anglais deux fois par an), y compris un examen à la fin, peut être requis dans les cas où une expérience commerciale ou éducative suffisante fait défaut. Ce n'est plus une exigence, mais le cours offre toujours des informations détaillées sur la façon de faire des affaires au Luxembourg.

4. Business Plan

Un plan d'affaires vous aide à réfléchir à tous les aspects du projet, à tester votre idée sur papier, à planifier les détails de votre entreprise et à obtenir un financement (si nécessaire) pour votre projet. Cela n'a pas besoin d'être complexe au début, mais vous devriez être capable de répondre à des questions de base sur votre projet.

Quel est votre produit/service ? Qui va l'acheter et pourquoi ? Comment/où/quand allez-vous distribuer votre produit/service ? Qui sont vos concurrents et qu'est-ce qui vous rend unique?

Il y a toujours une forme de concurrence.
Nous sommes soit en compétition pour le temps, soit pour l'argent, soit pour les deux.​
Alors, que font les gens de leur temps et de leur argent lorsqu'ils ne consomment PAS votre produit ou service... ?

Afin de tester l'idée, le plan d'affaires comprend des chiffres concrets, comme les dépenses, les revenus et les bénéfices prévus. L'entreprise ne peut réussir que si les revenus sont supérieurs aux dépenses. Pour obtenir des financements (crédits, investissements ou subventions), les chiffres doivent être défendables. Le plan d'affaires contient également une évaluation réaliste des coûts de démarrage. Lorsque vous demandez un prêt ou un investissement, il est important d'approcher les investisseurs potentiels avec des chiffres concrets que vous pouvez expliquer.

Il existe de nombreux modèles différents de plans d'affaires, et vous devriez vous sentir libre d'adopter celui qui vous convient le mieux. Cependant, Sleeves Up propose une version simplifiée de trois pages que vous pouvez télécharger ici :

 

 

 

Démarches administratives pour créer une entreprise au Luxembourg 

Les étapes du processus de création d'entreprise diffèrent selon votre situation personnelle et la nature de votre activité commerciale. Par conséquent, il est préférable de demander l'aide d'un professionnel. Néanmoins, cet article est destiné à vous donner un bref aperçu des étapes de base impliquées.

1. Demander une autorisation d'établissement

To legally practice a business activity in Luxembourg, you must first apply for a business permit. To submit a successful application, you generally need 4 things:

  • Residency in Luxembourg or in neighboring countries not too far from the Luxembourgish border ("frontalier"),

  • The necessary qualifications,

  • A clean professional reputation,

  • And a fixed and suitable place of operation.

Pour exercer légalement une activité commerciale au Luxembourg, vous devez d'abord demander une autorisation d'établissement. Pour soumettre une candidature réussie, vous avez généralement besoin de 4 choses :

  • Résidence (titre de séjour) au Luxembourg ou dans les pays voisins pas trop éloignés de la frontière luxembourgeoise ("frontalier"),

  • Les diplômes nécessaires,

  • Une réputation professionnelle propre,

  • Et un lieu d'exploitation fixe et adapté.

Artisanat contre commerce

Les qualifications professionnelles pour les activités commerciales ne nécessitent généralement aucun diplôme ni expérience.​

 

 

Pour les entreprises impliquant la préparation ou la consommation d'aliments et de boissons sur place (comme les cafés et les restaurants), la participation à un cours Horeca spécifique est généralement requise. Pour des conditions plus spécifiques liées à votre profession particulière, veuillez consulter cette page : guichet.public.lu/[...]autorisation-etablissement/

______

Professional qualifications for business activities like cleaning, hairdressing, baking, vehicle repair, and other crafts require a recognized diploma or certificate. These business permits are usually more difficult to obtain, as the requirements are strictly regulated. Business permits for craft-related activities fall under the responsibility of the Chamber of Crafts (Chambre des Métiers). Here's a list of available crafts: http://www.cdm.lu/artisanat/les-activites-artisanales

​Les qualifications professionnelles pour des activités commerciales telles que le nettoyage, la coiffure, la boulangerie, la réparation de véhicules et d'autres métiers nécessitent un diplôme ou un certificat reconnu. Ces autorisations commerciales sont généralement plus difficiles à obtenir, car les exigences sont strictement réglementées. L'autorisation d'établissement pour les activités liées à l'artisanat relève de la compétence de la Chambre des Métiers. Voici une liste des métiers disponibles : http://www.cdm.lu/artisanat/les-activites-artisanales

Reputation & honorability
 

As a newcomer to Europe, Luxembourgish authorities don’t have an extensive history of your professional reputation (for example, if you have a history of bankruptcy and/or dishonest business dealings). To prove that you have a clean professional history, you will need to visit a notary and (for a small fee) sign an attestation/affidavit.


 

Fixed location


For the last condition, a fixed location means a place in Luxembourg where you are allowed to work and that is adapted to the business you want to conduct there. Depending on the nature of your business activity, this can be a place you rent specifically for your business (shop, office, warehouse etc.) or a dedicated space in your private apartment (with a contractual agreement from the owner). There are also a few "coworking" spaces in Luxembourg available for this purpose. Your fixed location must be suitable for the activity.

You may be able to request a “business permit” before you obtain a fixed location. This implies that while you begin your market study and search for a suitable location you can already apply for a business permit. In such situation, you may be given a conditional approval pending when you provide a fixed location/address for the business.This way, you can find out for sure whether you’ll be able to obtain the business permit before signing a costly rental contract.

2. Choose a legal form

When filling out the business permit application, you have to chose under which legal form to start and run your business on. There are multiple options for legal forms in Luxembourg, but we focus here on the most common ones:

  • Sole proprietorship (independent)

  • Limited liability company (SARL)

  • Simplified limited liability company (SARL-S)

  • Public Limited Company (SA)

  • Not-for-profit association (ASBL)

  • social enterprise (SIS)

Sole Proprietorship (self-employed)

Establishing a sole proprietorship means setting up your business as a private person instead of establishing a separate legal entity. It is different from other business forms in that it involves the most flexibility as well as the least administrative procedures and fees for setting up, but it is also the riskiest. A separate legal entity protects you from bankruptcy by allowing you to divide your private property from your commercial/business property.

 

personal property = business property

appartment                               truck                        

appartment furniture                 oven                         

personal bank savings              office furniture      

...                                               ...                              

 

Establishing a separate legal entity

In this situation, there is a strict separation between the property belonging to you and the property belonging to the company. This means that in the case of business failure, you lose the property belonging to the company (for example, the company car, refrigerator, desks, etc), not your personal property (your personal car, apartment, clothes, etc). In exchange for these protections, however, you must follow certain rules, such as a not using company property for personal use without fair compensation.

 

Some entrepreneurs with low capital investment requirements start as sole proprietors and switch over to a company structure once the business grows.

 
personal property ≠ business property

appartment                            truck                        

appartment furniture              oven                         

personal bank savings           office furniture      

...                                             ...                              

 

A simplified SARL

 

Until recently, the SARL, which required over a thousand euros in initial administrative costs as well as a minimum of 12,500 euros in capital investment, was the primary alternative to the sole proprietorship. However, in a bid to make entrepreneurship accessible to more people, Luxembourg created a new form in January 2017 called SARL-S. The SARL-S is mostly similar to the classic SARL, except that it only requires 1 euro in capital investment and a few hundred euros in initial set-up costs.

 

Specificities:

  • Partners/shareholders in a SARL-S must be natural persons. A company can never be a partner in a SARL-S.

  • A natural person may only be a shareholder in one SARL-S at a time.

  • Five per cent of your annual profit is blocked as capital until you reach 12,500 euros. At this point, you would need to switch to a SARL or other legal form in order to unblock these funds and make them available for use.

Find additional details about the SARL-S here : SARL-S on guichet.lu

Non-profit and social impact

 

If you intend to create a project that aims at a social objective, consider creating a non-profit organization (Association Sans But Lucrative or ASBL) or a social enterprise (Société d’Impact Societal, SIS).

 

Although ASBLs are not allowed to produce any profit, they can employ people and pay them salaries under certain conditions (!). ASBLs require at least three co-founders and typically receive most of their funding from donations and foundations. For more information on establishing an ASBL, please consult this link from CLAE (Comité de Liaison des Associations d'Étrangers).

 

Simply put, an SIS is a mix of the SARL and ASBL and has been created to better protect and regulate commercial activities performed by non-profits. SISs are allowed to make a profit, though with substantial restrictions. To obtain SIS status, you will first need to create a company (like SARL) following the normal SARL procedure. To find out more about creating an SIS, please visit this link.

_______________

 

Ultimately, selecting the legal form depends on your personal situation and type of commercial activity
  • For help in establishing a company, obtain assistance from the House of Entrepreneurship.

  • For help in establishing an ASBL, obtain assistance from CLAE.

  • For help in creating an SIS, obtain assistance from 6zero1.

3. Register with the Luxembourg Trade  and Companies Registry 

 

You must register your company, sole proprietorship or non-profit with the Trade and Companies Register. First, check availability of company name. Then register using a Luxtrust Certificate (connexion guide PDF) or in person at their office in Luxembourg or Diekirch. If you’re creating a company or a non-profit, you must include the constitutional document along with your application.

4. Registering for Social Security

The fourth step is to visit the Centre Commun de la Sécurité Sociale (CCSS) to register for social security. Social security benefits include unemployment insurance, a pension for retirement, disability insurance, parental leave, health insurance, and other benefits. If you plan to directly live off your business without a fixed salary, you will likely be required to pay 25% of your taxable income in social security. As a result, CCSS will ask you to estimate how much you expect to make in the first year, and you will need to pay 25% of this amount spread through the 12 months starting the moment you register for social security (Ex.: if annual taxable income = 24,000€, then 24,000€ X 25% divide by 12 months)

 

It is important to estimate your income as accurately as possible. If you estimate it too little, CCSS will ask you to repay the discrepancy a year later. If unanticipated, CCSS repayments can create a short-term cash shortage for your business.

 

CCSS assumes that you expect to make at least the social minimum salary (which is 2,141.99 euros per month as of Jan 2020). That means that you’ll be asked to pay a minimum of about 500 euros in social security each month - even if your business is not yet generating any profit. However, there are exceptions to this procedure for persons who earn less than the minimum salary on a yearly basis or exercise their independent activity in addition to a job as an employee in the private sector.

 

If your total income as an entrepreneur is less than 666.20 euros per month, you can ask not to pay social security at all (see exceptions above). In this case, however, you may receive reduced social security benefits and lose your health insurance. This option only makes sense, when other incomes already cover your social security.

 

Like many institutions in Luxembourg, the CCSS operates largely on a case-by-case basis. Contact them before and after launching your business to see how best they can help, either by going to their offices or writing an email.

 

For more detailed information about social security, follow this link.

5. Register for VAT

To register for VAT, you must submit an initial declaration to the Land Registration and Estates Department (Administration de l’enregistrement et des domaines - AED).

 

VAT, or Value Added Tax (known as TVA “Taxe sur la Valeur Ajoutée” in French), is paid by the final consumer on all purchased goods. Usually, the rate is 17%. However, from January 1st 2021, the exemption threshold which allows some businesses to pay less or not pay at all, is raised from an annual turnover of €30,000 to €35,000. More about this and the criteria for benefiting can be found hereIt is your responsibility to collect this tax from your clients and transfer it to the government. To reward you for this service to the government, as a company, you are allowed to subtract the VAT you pay on goods and services you need for your business. This means that, in the end, a company doesn't pay VAT on goods or services that it buys.

 

Example:

 

  • You have to invoice 1,000.00€ of services. To your customer, you make an invoice with 1,000.00€ + 170.00€ VAT (17%).

  • At the same time, you buy a cell phone for your business for 200.00€ + 34.00€ VAT (17%).

  • The VAT you will have to pay to the government is 170.00€ - 34.00€ = 136.00€

  • So, a private person would have paid 234.00€ for the cell phone. The company only pays 200.00€.

 

Of course, calculating VAT on a monthly, quarterly or annual base (depending on your revenue) is much more complex, especially when you are selling goods and services to other European Countries. In any case, you should seek professional help from a tax adviser to prepare VAT declarations for submission to the Land Registration and Estates Department (Administration de l'enregistrement et des domaines) every month, quarter or year (depending on your revenue).

 

 

Regime de franchise - Invoices without VAT

 

If your total annual income is strictly less than €35.000,00, you can ask the AED for what's called the "Regime de franchise" when you register for VAT. This means that you don't have to add VAT on your invoices and your customers don't have to pay it. This option reduces paperwork considerably and could be useful for starting small or as a sole proprietorship.

 

Please note that either way, you must register at the Administration de l'Enregistrement et des Domaines. 

 

 

Other taxes: Income Tax

 

The Luxembourg Administration des contributions directes, ACD, which is responsible for income tax, will contact you by post. If it fails to do so, you must contact the ACD and provide an initial declaration including details of your business and how much you expect to earn in the first two years of activity. For more information about how to register for income tax, click here. Note that there are minimum amounts of taxes to pay for capital companies, even if they haven't been profitable.

An important question entrepreneurs tend to ask after developing an idea is, "where do I get the money...?". A good start to answering that question is by asking, "how much do I need and what for?".

 

However you decide to finance your project - whether through loans, investments or personal savings - It is important to prepare a proper business plan and have strong knowledge about what you need to succeed.

1. Preparation

Before you present your project to investors or sponsors, experts advise strong preparation, a complete and updated file, and an understanding of key numbers, including anticipated costs, revenues, and profits. Be realistic about those numbers and be able to justify them. Research well your area of activity, and be prepared to answer in details questions about your project or the sector in which you’ll be involved.

 

When meeting with potential investors, remember to bring an updated CV, as this can help them assess your abilities as a project owner and your personal capacities/experience to realize the project (or the capabilities of your team). The CV (written, online or spoken) should include civil status, address, training and diplomas, professional experiences & skills, soft skills, and network. Your skills, abilities, and viability of your plan are critical.

 

 

 

2. Opening a Bank Account

Banking and financial services are key factors to the survival, sustainability and success  of small businesses and independent professionals. In Luxembourg, the procedure for having a business bank account is fraught with challenges. It is common for registered businesses and/or independents to be refused a professional bank account by multiple banks. The situation is worse for entrepreneurs of certain nationalities. With the country being a vital international finance and banking hub, financial institutions are obligated to adhere to strict regulations such as regulations on anti-terrorism  and anti-money laundry. In response to this challenges, our organisation has created the SCORE Project to serve as a bridge between small businesses/independent professionals and banks/financial institutions. To find out more about the project and if you are facing difficulties opening a business bank account, click here.

 

Although the focus of this article is on business/professional bank accounts, we advice budding entrepreneurs to open private bank accounts in Luxembourg as soon as they possibly can upon arriving. Residents of Luxembourg are legally entitled to one private bank account. The financial history that will ensue from this will be useful in the process of opening a business account. 

 

Steps and requirements

 

Generally speaking, the requirements and procedures for opening a professional bank account in the various banks in Luxembourg are similar. Among other things, upon approaching the bank of choice, an entrepreneur is expected to submit a complete dossier consisting of (but not limited to) the following:

 

  • Personal identification documents (e.g, title de séjour, social security no., c.v/portfolio)

  • Business certifications and licence

  • Statement of accounts (for an existing business)

  • Business plan (with details of financial projections)

  • Application letter (stating the reason and intended purpose of the bank account, the origin of business capital, projected annual turn-over and expected sources of income for the business)

  • Evidence of professional address (contract of lease/rent)

 

It is important to prepare your dossier with as many details and documents as possible before getting in touch with the bank, as incomplete information or numerous back and forth contacts can lead to very long processing delays.

 

There are no guarantees that a bank will surely offer you a professional account even if all the obvious checklists are correctly ticked. They reserve the right to refuse with or without a stated reason. That said, we must add that some banks are more receptive to these categories of clients than others.

 

 

 

2. Funding Small Businesses

 

Traditional banks and investors in Luxembourg usually require you to have a long-time residence in Europe, some credit history in Europe, own some property and have a regular salary. As a newcomer to Luxembourg, you will probably not be able to fulfil these kinds of requirements.

Nevertheless, there are other options to finance small businesses with a good idea, a strong business plan, and a motivated project owner, among which:

  • Microlux: Provides microcredits up to 15.000 euros for the creation and up to 25.000 € for the development of existing micro or social companies in Luxembourg. They also offer free personalized coaching to help prepare and later set up the project. Follow the link for more.

  • FUSE: Provides a small interest-free loan from up to 5.000 euros typically to guarantee a rental deposit or cover start-up costs. Their idea is to provide you with just the little boost you need to start out on your own. Find more information here.

  • MCAC: The Mutualité de Cautionnement et d’Aide aux Commerçants facilitates access to traditional bank loans by vouching for your company. They also provide helpful information on the various public aids for SMEs (financial helps that usually require pre-financing). More information on their website.

  • Crowdfunding: These are collective websites or platforms where anyone can donate money to fund your project, often in exchange for some sort of reward. Different crowdfunding sites have different approaches and models. Find some of the most well-known platforms and useful advice on this link.

 

If you are setting up a business that doesn’t necessarily need investments to start (i.e. selling only services or various online businesses), you should consider starting out without any foreign money such as investments and loans. You can build on your own private resources and an organic (natural and slow) growth of your activities. With the Sàrl-S company model (see above) and the various possibilities to combine salary work or certain social benefits with an independent income, Luxembourg strongly encourages micro-entrepreneurs to start out.

 

3. Funding a non-profit organisation or collective

 

A non-profit organization in Luxembourg (either ASBL or NGO – see above) shouldn’t sell products or services to generate revenue. ASBLs in Luxembourg typically receive most of their funding from private donations, public institutions or foundations. If your project is entirely non-profit and in relation with culture, sports, environment or in the social field, you can submit your project idea and financial plan to the concerned ministry as well as to the following institutions (among others):

 

  • Oeuvre: The Oeuvre Nationale de Secours Grande-Duchesse Charlotte supports social, cultural and environmental projects that meet the needs of society in Luxembourg in their start-up phase. Check out the recurring calls for projects on their website.

  • Fondation de Luxembourg: The Foundation regroups multiple foundations from private donors with different philanthropic objectives. Organizations can submit projects related to a certain cause and the Foundation submits it to members who want to support that topic. Submit your project proposal here.

  • European Funds: Numerous European funds support social or business initiatives for a certain period. I.e. the European Social Fund is Europe’s main instrument for supporting jobs, whereas the AMIF concentrates on topics related to asylum and integration. These financial aids require a heavy load of administrative work, fund only part of the expenses and often require pre-financing. Nonetheless, it can be interesting for project owners to see if their project fits the objectives of a fund and get in touch with the competent authority.

 

As an ASBL you can also rely on your personal network, including friends and family members, as well as some crowdfunding platforms to raise money for a cause.

We have listed and explained the various steps, resources and requirements leading to the creation of a business. Most of these steps involve tangible and countable resources. But often ignored, are the intangible yet very important resources required to be successful. 

 

1. Social capital

 

Social capital by nature is about connections and ties. In a nutshell, it is about the people you know, share common interests with. Without a doubt, the social network of newcomers to Luxembourg will be somewhat limited. Nonetheless, entrepreneurs can cultivate social skills such as being friendly, agreeable, hospitable and generally happy to meet new people. The entrepreneur can find out about events and activities that match his/her interests and :

  • Observe

  • Listen

  • Participate in discussions

  • Reach out to people

 

As a small and less populated country, information spreads easier and quicker in Luxembourg, than it would in bigger countries. It is very common to meet mutual friends or have overlapping encounters. It is also common to meet the same people over and over again. These help to enhance the level of knowledge and trust between locals and newcomers. Examples of such events can be formal or informal. They may include sports, hobbies, educational or religious activities. They can even be dates or spontaneous meetings in unplanned places such as in a supermarket or in the train. The underlining phrase is to know more people

The acquisition of certain resources you require to start a business may depend on other factors beyond your control. However, you can acquire a lot of social capital that can possibly make you many steps closer to achieving your entrepreneurial goals.

A few organisations that frequently host useful events are listed below. We encourage further internet search for specific Facebook and LinkedIn groups where most organisations list their events.

  • Touchpoints ASBL - True to its goal in creating meeting points for collaborations between locals and migrants/newcomers, Touchpoints organises several periodic events including the Business MeetUps and the Infosessions. These events offer newcomers, entrepreneurs (established and budding), local business owners and experts to meet and discuss topics relating to doing business in Luxembourg.

  • Nyuko - The organisation is a startup support/incubator for entrepreneurs of all backgrounds and offers workshops and networking events. It is currently located at the House of Entrepreneurship making it an interesting point for seeking contacts within the Luxembourg entrepreneurship circle. Find out more about them on their website.

  • House of StartUps - HoSt offers various services including business incubation, acceleration, space share and more. It is an innovation hub, especially for tech-based businesses and startups. They frequently offer workshops, get-togethers and networking events. Find more about them here.

  • House of Entrepreneurship - The HoE is powered by the Luxembourg Chamber of Commerce. It offers numerous topic-based workshops (many of them for free and in digital), networking events and a range of other useful services for entrepreneurs.

  • Technoport - This business incubator and business support company offer programs to assist entrepreneurs to get started and through their journey to success and expansion. It is located in Belval near the University of Luxembourg campus. It periodically offers workshops and events that offer participants opportunities to learn and also to network. It also offers space sharing for teams and small businesses. Find out more about them here.

  • Event websites and platforms - There are quite a lot of websites and digital platforms in Luxembourg for advertising and displaying events. Because most of them are free to event organisers, they are popular for looking up upcoming events around you in Luxembourg. They include :

 

 

 

 

 

This article is  continuously updated to reflect current realities.

Stay tuned!

Télécharger un exemple de plan d'affaires simplifié
Démarches administratives

Démarches Administratives

1

 AUTHORISATION D'ÉTABLISSEMENT

2

FORME JURIDIQUE

3

REGISTRE DU COMMERCE

4

SÉCURITÉ SOCIALE

5

TAXE SUR LA VALEUR AJOUTÉE (TVA)

1. Authorisation d'établissement
2. Forme juridique
3. Registre du commerce
4. Sécurité sociale
5. Taxe sur la value ajoutée (TVA)
Financing
1. Prepartion
2. Opening a Bank Account
3. Funding Small Businesses
4. Funding a Nonprofit
Other Resources
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