Valsen Corporate

Luxembourg Foundation

  • Luxembourg Private Foundation
  • Foundations in Luxembourg are separate legal entities without members or shareholders, established to reflect the wishes of the founder, who may be an individual or a corporate entity. These wishes are contained within the Foundation’s Charter and Regulations. Foundations in Luxembourg can be established for a fixed or indefinite period of time and can be used for charitable, commercial or family purposes.

    Key Features

    Luxembourg Private Foundation

    Corporate Details

    General
    • Legal System

    Common Law/ Civil Law ( Hybrid)
    • Language

    English
    • Time to Establish

    1-3 Days
    • Registered Agent and Office

    Yes
    • Foundation Legislation

    Luxembourg Foundations Act
    • Type of Entity

    Private Foundation
    • Taxation

    Yes on Income Tax

    Secretary

    • Requirement

    Yes
    • Resident Secretary

    Yes

    Assets
    • Minimum Requirements

    EUR 50.000 initial assets
    • Beneficial Owner

    Yes

    Founder
    • Minimum No Founders

    2
    • Nominee

    Yes
    • Qualifications 1

    An Individual or Legal Entity
    • Qualification 2

    Beneficiary but not a sole Beneficiary

    Foundation Council
    • Minimum No of Councillors

    2
    • Qualifications 1

    Founder may be a Councillor but not the sole Councillor
    • Qualification 2

    May be natural persons or legal entities
    • Publicly Accessibility

    No

    Protector
    • Requirements

    Yes

    Foundation Charter
    • Requirements to Prepare

    Yes
    • Public Accessibility

    Yes

    Accounts
    • Requirements to Prepare

    Yes
    • Requirements to file accounts

    Yes