About half of Luxembourg’s residents are expats. Many entrepreneurs strive to register a company in Luxembourg because of the complete absence of corruption and the absolute transparency of the tax system. However, before buying plane tickets, you need to get a business visa to Luxembourg.
Top 4 Advantages of Jurisdiction
- Despite its small territory and population of 549 thousand, it is one of the richest countries in Europe, where loyal conditions and offshore favors the placement of a large number of investments and financial institutions in the capital.
- Luxembourg is in the fourth position in the ranking of incomes of citizens of the country, which is 128 806 thousand euros per capita per year.
- The rich historical and cultural background offers several interesting sights to visit. Tourists willingly visit the monastery in Echternach, historical castles, Gothic churches, Renaissance and Baroque architecture, aristocratic residences.
- It is in the Grand Duchy that the town of Schengen is located, where the Schengen agreement on visa-free travel was signed.
What do you need to know when applying for a business visa?
- Business visa is suited for hold a conference, a meeting with business partners in Luxembourg;
- Business Visa in Luxembourg is opened for six months, the visa cannot be extended;
- It is necessary to prove your worth to the employees of the consulate, so you will not be able to do without bank certificates;
- If you plan to develop a business on the territory of this state, and not just a business meeting, you should apply for a national visa of category D. It will allow you to stay in Luxembourg for a long time;
- The applicant’s package of documents is considered at least ten days. This means that it is necessary to submit documents in advance so that there is enough time for the visa application process;
- The consulate may refuse the application if at least one document is executed with errors. It is very important to draw up certificates under generally accepted requirements and standards.
Business visa in Luxembourg: Obtaining process
It doesn’t matter if you have made the final decision to organize your own business, or if you want to pre-establish business contacts and meet with potential partners, you will need a business visa to Luxembourg.
Getting a business visa is no more difficult than the usual Schengen visa required for tourist trips. All the same standard package of documents and the procedure for passing the procedure. But there are also features:
First, a potential head or co-founder of a company needs to have a detailed business plan for the next 12 months. And also all the documentation on the enterprise that he is going to open in the country;
Secondly, when applying for a business visa to Luxembourg, a police clearance certificate is required;
Thirdly, all documents are submitted in French or English. And if this is not the case, the consular officers may require a notary-certified translation.
It is not easier for employees who need a business visa to Luxembourg for a business trip. They will also have to collect a whole heap of papers, enlist the support of their employer and wait for a personal invitation from European partners.
The consul has the right to refuse the application without explaining the reasons, simply because the businessman’s arguments did not seem convincing enough to the person.
Learn also: How to obtain a residence permit in Luxembourg by investment