Open a Company in the FMCG Sector in Luxembourg
Open a Company in the FMCG Sector in LuxembourgUpdated on Friday 14th December 2018
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The Luxembourg economy relies on the fast-moving consumer goods (FMCG) which is one of the most prolific industries in the country. The quality of life of the Luxembourg citizens and residents has led to the opening of numerous shopping centers and supermarkets selling FMCG products. Foreign investors interested in starting a business in another industry than the financial one can choose the FMCG sector which is a very developed one.
Foreign investors must be aware of the fact that stores are subject to various requirements and laws which can be explained by our lawyers in Luxembourg.
How to register a FMCG business in Luxembourg
The first law to comply with when opening a business in the FMCG sector in Luxembourg is the Commercial Code which provides for the company registration process. Opening a company in Luxembourg is quite easy, however once this step is completed, various authorizations and permits must be obtained with the local authorities. Also, companies in the FMCG industry in Luxembourg are subject to several requirements, one of the most important of them being the mandatory closing hours. Our attorneys in Luxembourg can elaborate on this subject.
Licenses and permits for the FMCG sector in Luxembourg
When opening a company in the Luxembourg FMCG industry, the business owner is required to obtain a business license to start the activities. Also known as a commercial license or commercial authorization, this permit is issued based on several requisites.
The application for this license must be filed online with the General Directorate for SMEs and Entrepreneurship within the Trade Register in Luxembourg. Among the documents required to obtain this license, the FMCG business owner must submit the following documents:
- - copy after the identification papers;
- - documents stating the professional qualifications and integrity of the owner;
- - receipt of payment of the stamp duty.
Apart from this license, FMCG companies in Luxembourg are also be required to obtain an import/export license related to the products intended for sale.
For full information on how to establish a company in the FMCG industry, please feel free to contact our law firm in Luxembourg. We can also assist you with the company registration process.