Luxembourg a good place to start YOUR business? A fact check

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  • Опубліковано 7 вер 2024

КОМЕНТАРІ • 49

  • @AskMeStartUp
    @AskMeStartUp  3 роки тому +1

    Please do check out the best Countries for Startups: ua-cam.com/video/9sLw_xxmCMA/v-deo.html

  • @mjwmontgomery
    @mjwmontgomery 2 роки тому +2

    I run a business in Luxembourg. Its good for outward looking international businesses, but the domestic market is tiny. Finance and fintech are good. Agree.

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      Thank you for sharing your own experience on this channel

    • @FizzyGravy
      @FizzyGravy Рік тому

      Hi there. I read online to be able to register a business in Luxembourg you must have a physical location/address. Is this true? We are an e-commerce brand that does not need a physical store.

    • @mjwmontgomery
      @mjwmontgomery Рік тому

      @@FizzyGravy you need an address / office in Luxembourg.

    • @FizzyGravy
      @FizzyGravy Рік тому

      @@mjwmontgomery Is there an alternative to having an office? Because we don't physically need office space. We work from home.

    • @mjwmontgomery
      @mjwmontgomery Рік тому

      @@FizzyGravy if your home is in Luxembourg, you can use it as an office.

  • @panoramamediastudio5288
    @panoramamediastudio5288 3 роки тому +3

    it has very good transit with neighbors countries as well you can use the connection in Luxembourg city free in case you don't have to use your car

    • @AskMeStartUp
      @AskMeStartUp  3 роки тому +1

      Very true point. Thank you for the addition 😀🙏

  • @toshitosliba4737
    @toshitosliba4737 6 місяців тому +1

    Well, i am going to start off by saying that I live in Portugal, but I would like to open my own business for the digital market (more like video-games and such), I am undecided, because Portugal, has so many wrong thing going on and even though I have a great easiness to open a business here, what worries me the most is what comes after, with big taxes and buroucracy. So I am still trying to decide, what option would be the best for me, I am divided between Luxembourg, Switzerland, UK and USA. But still I need to study more about all of those countries ofc, but what I want is to get away from my own country as it is a great country for foreigners but for locals it is crap imo

  • @TheNeelPrabhuExperience
    @TheNeelPrabhuExperience 3 роки тому +1

    Oliver it was an informative video. Happy you made mention of India in this video :)

    • @AskMeStartUp
      @AskMeStartUp  3 роки тому +1

      Thank you Neel. Glad You liked it and thank you 🙏🏻 for spending time on my videos. 😀

  • @lucaskenfack7103
    @lucaskenfack7103 3 роки тому +2

    Very interested

  • @anandtm19
    @anandtm19 3 роки тому +1

    Thank you 👍

    • @AskMeStartUp
      @AskMeStartUp  3 роки тому

      Thank you 🙏 for watching my videos 😀

  • @queenmakoma
    @queenmakoma Рік тому

    and great video by the way❤

  • @ozairakhtarcom
    @ozairakhtarcom 2 роки тому +1

    Which is the best place to register an IT company or an IT start-up, in terms of Tax exemption, online registration, online bank account, and other advantages?

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому +2

      Thank you for your comment.
      I would recommend to take a close look at Cyprus ua-cam.com/video/bb0_pKlYQsk/v-deo.html
      Else Estonia could also be worthwhile to check ua-cam.com/video/PUM79c1q4kw/v-deo.html

    • @souqsayara7644
      @souqsayara7644 2 роки тому

      UAE for sure as we have 0 tax

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому +2

      @@souqsayara7644 but UAE does not have direct access to the EU...

    • @mwiingamwiinga8196
      @mwiingamwiinga8196 2 роки тому

      ​@@souqsayara7644 it is also flagged for AML compliance more than other tax haven

  • @safiahnd488
    @safiahnd488 Рік тому

    Hello thanks for the great insights.
    About taxes.. You didn't mention the system, corporate tax or income tax.. How much etc

    • @AskMeStartUp
      @AskMeStartUp  Рік тому +1

      Will provide an update in the future, thank you

  • @ramonramsey6385
    @ramonramsey6385 2 роки тому

    I want to start a restaurant in Luxembourg but I need investors. A kind of food that is not
    yet existing there.

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому +2

      its hard to get Investors for restaurants that will not rip you off

  • @queenmakoma
    @queenmakoma Рік тому

    what about me as professional singer can i live in luxembourg as an independent ? and how tax do i pay for a singer independed ? and to be a resident in luxembourg 😊

    • @AskMeStartUp
      @AskMeStartUp  Рік тому

      To be honest I am not an expert on the legal situation there. Artist might be under special conditions, but I do not know

    • @Luxemburgbit..
      @Luxemburgbit.. Рік тому

      No you cant its do difficult to live there.I'm from Luxemburg

    • @Luxemburgbit..
      @Luxemburgbit.. Рік тому

      You dont pay very much taxes but all is expensive you can not compared with USA or other countrys .Imagine Switzerland but just in little size

  • @alexanderarabika1313
    @alexanderarabika1313 2 роки тому

    HI Oliver
    what the minimum budget need it someone has European visa already to start up in luxembourg like small company of web apps devlopment

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому +1

      Honestly this is an impossible question to answer the reason being it is depending on so many variables but I can’t give you a proper number. If you want to come up with more details just drop me an email and we might work on the number together. All the best Oliver

  • @jumokeawodola7
    @jumokeawodola7 2 роки тому

    Can you enlighten me or more of gold business in louxembourgh?

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      I am not sure what exactly you are interested in. 🤷🏻‍♂️

  • @samarthdigitalhouse1231
    @samarthdigitalhouse1231 6 місяців тому

    Hello,
    Thank you for your informative videos on Luxembourg.
    I'm interested in expanding my business in Luxembourg and would appreciate your assistance. I'm open to providing more information about myself and my business if you're interested. Please reach out to me if this opportunity piques your interest. Looking forward to hearing from you soon.

  • @user-uv6ip2vx2w
    @user-uv6ip2vx2w 2 роки тому

    السلآم عليكم ورحمة الله وبركاته انا من العراق لا افهم الغة الإنكليزية كم من المبلغ لكي استثمر في لوكسمبورغ

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      شكرا لك على مشاهدة أشرطة الفيديو الخاصة بي. لوكسمبورغ غالية الثمن. ماذا بالضبط تريد ان تفعل؟ استثمر في ماذا؟

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      @Eng Mrewan might be, but I doubt it. Stock will be 50k at least….

  • @valantispetmezas2241
    @valantispetmezas2241 2 роки тому

    Can i get a start up oan there without a collateral?

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      I do not know, but am sure that no one gets loans without collateral for businesses.

  • @raheemnzegwu9724
    @raheemnzegwu9724 2 роки тому

    What do you do for a living if you don't mind me asking?

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому +1

      I am co-CEO /COO in a cancer diagnostic startup

    • @raheemnzegwu9724
      @raheemnzegwu9724 2 роки тому

      @@AskMeStartUp Oh okay, you should do a video where the best country is to get startup funding easy. Thanks!

  • @toroblanco5070
    @toroblanco5070 2 роки тому

    Very superficial info without any insights and know-hows.

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      Thank you for your honest feedback. The video is intended to give a general overview to people who are unfamiliar with the situation in Europe.

  • @rohitkaintura2723
    @rohitkaintura2723 2 роки тому

    I am a chef may open cafe there

    • @AskMeStartUp
      @AskMeStartUp  2 роки тому

      Cafes are not startups, hence there will be no visa granted. However, if you have a Schengen Visa you might as well start a cafe there. Just keep in mind, that its really hard to earn money with these operations.