Business plan in Luxembourg: points to clarify before creating your company

The business plan is not only a document intended for a bank or an investor. For a company creation in Luxembourg, it is mainly used to check that the project is coherent before the first expenses incurred.

Clarify the economic model

Before choosing a legal form or opening administrative procedures, the manager must identify his sources of income, his fixed costs, his expected margins and the rate of collection. This reading allows you to anticipate cash flow needs.

Provide for local obligations

Luxembourg imposes a rigorous framework: registration, establishment authorization when necessary, accounting obligations, direct taxation, VAT and social monitoring if the company employs staff.

Items to prepare

• A clear presentation of the activity and the targeted customers.
• A launch budget including incorporation costs, domiciliation, insurance and tools.
• Conservative turnover forecasts over 12 to 24 months.
• An estimate of recurring charges and tax due dates.

With appropriate support, the business plan becomes a basis for dialogue between the manager, the trustee and the financial partners.