Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Luxembourg belongs to the dwarf states of Europe, and is popular for its steadily developing financial system and good conditions for doing business. Even non-residents of the country can open an account in Luxembourg. Everything you need – is to prepare the relevant documents and go through the procedure. The law firm Crystal TAX and its experienced staff will help you with these tasks.
Luxembourg has a reliable data protection system, thanks to which all banking institutions are developed and with high security indicators. Opening a bank account in Luxembourg can be done in state-owned banks, in banks with a long history. There are also special banks with savings programs. Bank accounts can be free or have a low monthly fee, depending on the financial features of the account.
Our specialists advise on the choice of a banking institution:
We will also help you prepare basic and additional documents according to the requirements of a banking institution.
For individuals, the procedure for issuing an account is simple – a package of basic documents and their registration in the bank system. This includes a passport, any proof of address in Denmark, an employment contract from the place of work and a tax number.
While for legal entities it is important:
For compliance, you will need statutory documents, documents with the structure of a legal entity indicating the beneficiary, and reference data about the – its activities, contractors, volumes of operations.
The procedure takes within 10 working days, and with the help of our specialists and the preparation of the entire set of documents, all due diligence checks will be carried out in an accelerated mode.
At the same time, for residents of the European Union, registration takes place in a simple format. If you are citizens of Ukraine and do not have residency in a European country, then the procedure will consist of additional steps. Therefore, use qualified support to go through everything correctly and without unnecessary difficulties.
Crystal TAX provides competent assistance in completing the procedure for issuing turnkey bank accounts. We cooperate with individuals and legal entities and analyze the client's situation in detail in order to recommend the best solution.
You can use our services:
Opening an account in Luxembourg with Crystal TAX – it is security in registration and prompt solution of all legal problems. Our clients register with minimal risk of being rejected by the bank, since Crystal TAX lawyers are aware of the law and always monitor the latest innovations in the field of business and account opening.
Maksym Stepanenko
Managing Partner, Crystal Tax
International client projects since 2012: company structures, tax, immigration, DUNS and NCAGE. 50+ jurisdictions.
Briefly describe your task: the country, the business activity and the timing. That is enough for us to propose a solution and the order of work.
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Our advantages
Corporate structuring, company registration in Ukraine and abroad, tax and reporting, migration, bank accounts, DUNS and NCAGE codes. We run the whole project, from choosing the solution to the finished documents.
Confidentiality terms are set out in our contract. We do not pass information about a client or their project to third parties, except where the law expressly requires it.
We compare jurisdictions against your business task: tax regime, reporting, substance requirements and access to banking. On the call we go through the upsides and the limits of each option.
We name the timeline for every step before the work starts — it depends on the jurisdiction, the registrar and the bank. Personal data is used only to deliver the service.
We handle the correspondence with registrars, government bodies and banks and answer their requests ourselves. From you we need documents and signatures.
We take each case to the finish: if an authority or registrar comes back with remarks, we revise the documents at no extra charge. The fee is calculated for your task before work starts.