Luxembourg
General Overview
- Currency: Euro (EUR)
- Languages: Daily and business communication in French, German, Luxembourgish.
- Public Holidays: Total of 10 days national public holidays.
- Capital: Luxembourg City
- Fiscal Year: Running from Jan 1 to Dec 31.
- Minimum Hourly Wage: €13.14 (2023).
Tax Essentials
- Income Tax Range: Up to 42%.
- Other Taxes: VAT 17%, Corporate tax 17%.
Social Security Contributions
- Employer Charges: From Approx. 12.22% to 14.69%.
- Employee Charges: From Approx. 12.45%.
Employment Contracts & Conditions
- Contract Types: Permanent, Fixed-term.
- Trial Periods: Up to 6 months.
- Paid Holiday: 25 days annually.
- Salary Payment Frequencies: Monthly.
- Termination Notice: Notice varies by tenure, up to 3 months.
Legal Benefits for Employees
- Medical Coverage: State (comprehensive healthcare).
- Common Non-Compulsory Benefits: Meal vouchers, additional pension.
Hiring Non citizen or resident
- Visa & Work Permits Obligation: Yes, for non-EU/EEA citizens.
- High-Skilled Worker Permits: EU Blue Card; requires a university degree and a job offer with a salary at least 1.5 times the average gross annual salary.
- Visa & Work Permits Timelines: Up to 3 months.
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
Get an Instant Hiring Cost Estimate
Calculate total employment cost, including taxes and contributions.