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20474-e1588152543177 Wage portage, salary in Luxembourg: an optimal solution. Blog Business Business
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Wage portage, salary in Luxembourg: an optimal solution.

Wage portage, salary in Luxembourg is the right solution under specific conditions. Namely that there is no clearly defined legal framework as in France but it is possible to use the legislation in order to achieve the same results.

People wishing to become self-employed or wishing to start a business can use this simple, easy and fast alternative to be able to invoice their clients immediately.

This solution is very interesting from a speed point of view because it takes more than a month to create a simple business in Luxembourg.

It is important to emphasize the fact that the majority of the time lost and due to the administrative delay.

Freelancers who cannot wait a month or more can turn to this alternative and interesting solution, which is wage portage in Luxembourg.

 

Luxembourg: a business friendly country

 

Luxembourg is a very opened country towards entrepreneurship. It is seen as a business friendly country allowing to set up solid legal structures such as SARLs, SA and various investment funds.

A large volume of foreign workers comes daily to work on Luxembourg territory on behalf of banks, investment companies, investment funds and for large insurance companies. These workers may also be residents of the European Union or from third countries such as India and China.

It is obvious that Luxembourg relies on border labor first of all.

The country is constantly search for highly qualified workers such as computer scientists, accountants and people with good knowledge in insurance and finance.

For the sake of flexibility due to the crisis COVID-19, many companies are turning more and more to the self-employed to the detriment of internal recruitments.

This makes it possible to develop new entrepreneurial opportunities for highly qualified freelancers.

 

Advantages

 

There are lots of advantages for wage portage, getting salary in Luxembourg :

  • Social security contributions are half lower than in the neighbouring countries
  • Taxation of private persons reduced and deducted at source
  • The advantage of receiving family benefits is almost two times higher than in other countries
  • A health system allows reimbursement much higher than in neighbouring countries

Conditions

 

Of course, these different advantages are very attractive, but it is very important to respect the conditions imposed by European laws to work in perfect legality.

A basic principle to apply is based on the spatial aspect: the activity must be carried out on the territory of the Grand Duchy of Luxembourg.

 

The possibilities

 

Few companies offer the service of wage portage in Luxembourg because the legal framework is not clearly defined and the tax aspect is not mastered by most of the players.

Therefore, our company is positioned as a reliable partner with one-stop shop solutions because our group of companies «Groupe Advensys Luxembourg SA» consists of a Franco-Luxembourg accounting office with more than 12 years of experience, IT service company as well. There are also a large number of our Luxembourg clients that are looking for highly qualified candidates in finance, IT and accounting.

 

We are fully available to the candidates interested in this wage portage service in Luxembourg to carry out a free, in-depth study and define together the best solution between setting up a company and wage portage.

 

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Wage portage, salary in Luxembourg is the right solution under specific conditions. Namely that there is no clearly defined legal framework as in France but it is possible to use the legislation in order to achieve the same results. People wishing to become self-employed or wishing to start a business can use this simple, easy and fast alternative to be ...

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