Ready to open a professional bank account in Luxembourg?

Brochure (Pdf, 871 Kb) (PDF)

The launch of a company is a vibrant journey, the ultimate aim for the entrepreneur
being to achieve a vision that has been nurtured for months. It is the moment when
abstract ideas turn into a concrete and tangible venture. Choosing the entrepreneurial
path is thus a way of constantly developing new ideas.

In these endeavors, preparation should not be left to chance, and the entrepreneur
most not solely rely on initial intuition and passion. Preparing a business launch is very
similar to the process of gardening, where a plant can only thrive through consistent
care and the incorporation of essential ingredients at the right moment, that foster
fertile ground. Indeed, no business idea can be transformed into a tangible venture
without the application of key managerial practices and without following several
regulatory steps, which are crucial for a successful launch.

Just like in the process of growing a plant, from the initial germination of an idea
to the eventual establishment of a company, each administrative milestone must be
carefully considered. The flourishing of a business account opening is one of those
key milestones, to be undertaken in collaboration with a reliable banking partner.
To this end, bank advisors are essential partners, as your future success is tied to
theirs. That being said, it is important to keep in mind that banking professionals can
only operate within a certain legal framework made of constraints and obligations.
Being aware of those policies and regulations will help you move into this next
important step, while fostering a strong and enduring relationship with your banker.
For the purpose of facilitating your progression towards a bank account opening, the
House of Entrepreneurship of the Chamber of Commerce and the ABBL (Luxembourg’s
Banking Association) Foundation for Financial Literacy have jointly designed a practical
step-by-step guide dedicated to new business leaders.