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Service Information

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Contact Details

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Payment

Luxembourg business bank accounts are only for resident and non-resident Luxembourg companies. Personal bank accounts in Luxembourg do required a minimum deposit of EUR500,000 by Luxembourg banks. No physical visits are required.

Turnaround time: 2-3 weeks for a private bank account and a business bank account

Our fees* for private and business bank account applications include

Service fee
Compliance application fee payable to Banks
Preparation of legal and regulatory documents for bank account opening
Courier Fee
Lifetime Customer Support/business advice/advisory support 24/7
Certified documents as an authorised agent
Complimentary advice on account review ,if any
Complimentary document templates for business
Negotiating with the bank on behalf of clients
Our fees for opening a business bank account are payable when placing an order on our website.

OUR BANK ACCOUNT OPENING STEPS

We will need to receive an order from you.
We get back to you within 24 hours confirming all the required documentation.
We will run due diligence checks with you on your business and any persons associated with the business.
Once all the documents and information have been gathered, we will make an application with the Bank on your behalf.
We will act on your behalf and liaise with the Bank for any queries and/or submit any additional documents on your behalf if needed.
We will act on your interest until the account is up and running.
You will receive all bank details from the Bank.
We provide lifetime client services to you for any queries.

NOTES FOR UNSUCCESSFUL BANK ACCOUNT OPENING

We endeavour to connect you to the right Bank for bank account opening. However, there are circumstances for which the Bank did not approve the application. In this case, we will continue to connect you to the right bank in the same or different jurisdiction, depending on your requirements and how your business portfolio fits the Bank.
If you do not wish to continue after the first refusal, we will then issue you a partial refund, after deducting 15% of the total fee you paid as the administration cost. The refund will be processed within 5 workings once we have received a request from you at customerservice@sindacorporation.com
The above arrangements are in line with our business Terms and Conditions, which can be accessed on ‘Business Terms and Conditions‘.

Luxembourg

$39,795.00

Luxembourg’s private banking sector has long since played an important role in wealth management and financial markets in Europe and across the world. Banking in the country enjoys a strong international reputation, built up over many years, with high levels of expertise behind banking institutions in the country.

Luxembourg has one of the lowest tax regimes in Europe, with an absence of wealth tax, dividends are subject to a 15 per cent withholding tax. Non-residents are not required to pay inheritance tax nor tax on capital gains. Luxembourg also has double tax treaties in place with more than 64 countries.

The tax system are also appealing to businesses looking to relocate or invest in Luxembourg, with VAT the lowest in the EU at a standard rate of 15 per cent, while corporate taxes are designed to encourage investment.

FAQ

Looking for Something Else? Contact Us

WHY CHOOSE SINDA CORPORATION ?

As a business services provider to thousands of businesses and individuals, we pride ourselves on being a leader in global trade in many of the industries we are involved in. Our objective is we always put the interest of our clients first, hence we build long term relationships with our clients based on trust, respect and integrity.

WHAT ARE YOUR AREAS OF EXPERTISE ?

At Sinda Corporation we specialise in cross border trade and take care of the whole process, meaning we are able to assist with anything that arises from trading in different countries. Our consultants work with freight forwarders, suppliers, factory owners, designers, immigration agencies, investors, students, universities and NGOs. When you have a problem you can talk to us for a free no-obligation consultation.

HOW CAN YOU HELP MY COMPANY ?

We will try to identify the issues of your company that arise from global trade and rectifies them for you in the long term. Our approach to our clients Is aimed at taking care of the whole trade procedure for them, including assistance with relocation, investment and education in a different country. We as a business services provider, for example, can help a supplier in China export their products to a customer in Europe. We will ensure that your goods can be delivered from door to door in a time given. Moreover, when you intend to open a company overseas, say in Hong Kong, we are able to assist with company incorporation, trademark registration, searching for an office and, in some cases, introducing any potential customers to you.

HOW CAN YOU ENGAGE WITH YOUR CLIENTS LOCALLY ?

We work with many suppliers over the world to ensure that their goods are traded successfully. Hence, we have built a friendship with many of our suppliers in most industries. Simply contact us for what products you’ll need, we will then liaise with the most appropriate supplier for you. Meanwhile, we will take care of all import and export procedures, ultimately assuring that both buyers and sellers are happy with their business.

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