Europe

Registration and complete legal support of the companies in Luxembourg, France, Italy, Germany and other European Union countries.

GLENIC INDUSTRIAL S.A. is a command of skilled lawyers and advisers on corporate and tax law, capable to grant the client qualitative and reliable service. Our company renders competent help to businesses and individuals, wishing to open a company in European Union countries.

Offshore business has already become for a long time a part of modern economy. Mainly such companies are used for minimization of taxes, capital protection, as the intermediary at import-export operations and for international payments.

There are three types of offshore zones:

  1. A classical offshore zone - here are countries, which legislation allows the companies to be completely released of taxation. But thus the company pays to the country government the fixed duty on extension of the license for activity. Also there are no requests for conducting financial reporting or they are minimal. Examples of the countries: Panama, British Virgin Islands.
  2. A zone of low taxation – here are countries where the companies use privileges at taxation, with the obligatory financial reporting. Examples of the countries: Cyprus, Hungary, Luxembourg.
  3. A zone of high taxation - here are the countries which can grant tax incentives, only under condition of fulfillment of certain requests. But at drawing up of the competent financial scheme and under such circumstances it is possible to minimize taxes on operation of the company. Examples of the countries: the Netherlands, Great Britain.

In the given section it is a question of the companies of the 2nd group, the leader here is Great Duchy of Luxembourg.

Luxembourg is:

  • The main European jurisdiction in the field of preferential investment services.
  • The recognized centre of issue of Eurobonds and other European securities.
  • Availability of several models of taxation depending on the type of enterprise and its profile.

In the international business the following types of Luxembourg companies are used:

  • Societe Anonyme (SA) - open limited liability company
  • Societee a Responsabilite Limite (SARL) - closed limited liability company
  • Société en Nom Collectif (SENC) - partnership with unlimited liability
  • Societe en Commandite Simple (SCS and SCA) - partnership with limited liability (with share issue or without share issue)

The requests necessary at establishment of Luxembourg company:

  • The name of the company should be approved by local registrar of companies
  • Shares can have or not have nominal size, can be nominal or bearer
  • The company should have minimum completely paid up capital
  • The company should have not less than 2 shareholders
  • Should be not less than 3 directors
  • The auditor should be nominated
  • Statuses correspond to the English-Saxon memorandum and the charter
  • The registered office should be located in Great Duchy of Luxembourg

The task of our experts is to find the company, which tax laws guarantee realization with allowance for business process of the customer a required financial transaction at the minimum costs.

Services

  1. 1. Opening of accounts in the largest Western banks for businesses and individuals
  2. 2. Creation of funds, trusts, etc. according to your needs in Luxembourg
  3. 3. Registration and complete legal support of the companies in Luxembourg, France, Italy, Germany and other European Union countries
  4. 4. Creation of representation of your company (Representative Office), branch (Branch Office) or branches (Head Office)
  5. 5. Visa support. The residence and job permit
  6. 6. Submission of your interests in countries of Western Europe
  7. 7. Purchase/ sale/lease of real estate in Europe
  8. 8. Purchase and lease of air and sea-crafts