Minimum share capital of €31,000
At least 2 shareholders and 3 directors
Audited accounts required
Registered office must be in Luxembourg
Company cannot trade or lend money except to its subsidiaries
Activities restricted to owning shares in other companies
Exempt from Corporate Income Tax and Wealth Tax
Limited taxes, such as 1% tax on subscribed capital and 0.2% tax on shares issued
A 1929 Holding Company with funds in excess of €24.8 million – one billion francs in Luxembourg’s former currency – has Billionaire Holding status. This entitles it to an even more favourable tax regime.
The minimum tax liability of a Billionaire Holding company is €50,000, much less than an equivalent 1929 Holding company would pay.