Property developer
Last update
Property (or real estate) developers build and oversee real estate projects for a client, for an agreed price.
In order to operate as a property developer, the business manager must have a business permit.
Depending on the legal form chosen, applicants must also complete various registrations/affiliations before starting their business (see 'How to proceed').
Who is concerned
Property development involves commissioning and supervising the construction of a real estate project for a client, for an agreed price.
The following persons do not require a business permit:
- owners who carry out real estate transactions on a non-professional basis for property they own, as well as any persons mandated by them to carry out these tasks in their place;
- persons acting on behalf of their spouse, relatives in an order of succession, or on behalf of protected adults or minors;
- persons who carry out the duties of commonhold association for a multi-occupancy building comprising a maximum of 9 residential units, at least one of which belongs to the proposed commonhold association.
Real estate professionals legally established abroad (in the Swiss Confederation or in a country belonging to the European Economic Area) may provide temporary and occasional services in Luxembourg without a business permit and without giving prior notification.
Prerequisites
Compliance with the conditions for access to the profession is verified at the time the application for a business permit is submitted.
- Sole proprietorship
- Company
Natural persons who wish to engage in the activity in their own name and within the framework of a sole proprietorship, must:
- meet the legal requirements in terms of professional integrity; and
- prove that they have the mandatory civil liability insurance.
Companies carrying out the activity must appoint at least one natural person, the managing director, who must:
- meet the legal requirements in terms professional integrity;
- effectively manage the day-to-day business on a permanent basis;
- have a genuine link with the company (be the owner or authorised representative registered in the Trade and Companies Register); and
- have paid all social security contributions and taxes, either in their own name or through the company they manage or have managed.
Business permit
The business permit is issued to the company (either to the manager operating in their own name, or to the company they run) if the manager:
- meets the legal requirements in terms professional integrity; and
- proves that they have the mandatory civil liability insurance.
The information page 'Applying for a business permit' contains all the information relating to this procedure.
Place of business
The company or sole proprietorship must have a fixed place of business in Luxembourg (no 'letter-box' companies).
Qualifications and insurance requirements
Applicants must prove that they have the necessary qualifications and insurance required to enter this real estate profession, by providing:
- a certificate of successful completion of the final examination of the 'Property Developer' course (Promoteur immobilier), which concludes the training for access to real estate professions organised by the House of Training;
- a specific professional civil liability insurance.
Please note: anyone who can provide proof of 3 years' professional experience in a managerial position in a Luxembourg company with a business permit in the real estate sector does not need to take this training course.
How to proceed
Registrations/affiliations depending on the legal form of the company
- Sole proprietorship
- Company
After obtaining a business permit, the manager of a sole proprietorship must:
- go to the Joint Social Security Centre to register as self-employed;
- submit an operating declaration to the social security administration (if they intend to hire staff);
- register for VAT.
After obtaining a business permit, the manager of a:
- partnership (SCS, SENC);
- capital company (SA, SARL, SCA, SE);
- simplified limited liability company (SARL-S);
must:
- submit an operating declaration to the social security administration (if they intend to hire staff);
- register themselves as employees (or self-employed) with the social security;
- register for VAT.
Please note: the manager of a simplified limited liability company must also file the draft articles of association of the company with the Trade and Companies Register. There is, however, no need to incorporate the company in the presence of a notary. A private deed will suffice.
Obligations of all professionals
As long as they are in operation, professionals must comply with:
- all requirements with respect to obtaining a business permit; and
- all laws and regulations with respect to business management.
Sanctions
Professionals without a business permit run the risk of criminal sanctions (imprisonment and fines) and the temporary closure of the establishment.
Online services and forms
Who to contact
-
Ministry of the Economy General Directorate for SME, Administrative Simplification, Craft and Retail (Business Permit department)
- Address:
-
Luxembourg
PO box 535 / L-2937 Luxembourg
- Phone:
-
(+352) 247 74 700
Monday to Friday from 9.00 to 12.00 and from 13.30 to 16.30 (except on public holidays)
- Email address:
- info.pme@eco.etat.lu
- Website:
- https://meco.gouvernement.lu/en.html
-
House of Entrepreneurship
- Address:
- 14, rue Erasme L-1468 Luxembourg Luxembourg
- Phone:
- (+352) 42 39 39 330
- Email address:
- info@houseofentrepreneurship.lu
Closed ⋅ Opens at 8.30
- Wednesday:
- 8.30 to 17.00
- Thursday:
- 8.30 to 17.00
- Friday:
- 8.30 to 17.00
- Saturday:
- Closed
- Sunday:
- Closed
- Monday:
- 8.30 to 17.00
- Tuesday:
- 8.30 to 17.00
-
House of Training
- Address:
-
7, rue Alcide de Gasperi
L-2981 Luxembourg
Luxembourg
B.P. 13, L-2010 Luxembourg
- Phone:
- (+352) 46 50 16 1
- Fax:
- (+352) 46 50 19
- Email address:
- customer@houseoftraining.lu
- Website:
- https://www.houseoftraining.lu
Closed ⋅ Opens at 8.00
- Wednesday:
- 8.00 to 12.00 , 13.15 to 17.15
- Thursday:
- 8.00 to 12.00 , 13.15 to 17.15
- Friday:
- 8.00 to 12.00 , 13.15 to 17.15
- Saturday:
- Closed
- Sunday:
- Closed
- Monday:
- 8.00 to 12.00 , 13.15 to 17.15
- Tuesday:
- 8.00 to 12.00 , 13.15 to 17.15
-
Chamber of Commerce
- Address:
- Luxembourg
-
Chamber of Commerce Chamber of Commerce
- Address:
- 7, rue Alcide de Gasperi L-2981 Luxembourg
- Phone:
- (+352) 42 39 39 1
- Email address:
- chamcom@cc.lu
- Website:
- http://www.cc.lu/index.php?page=13
Closed ⋅ Opens à 8h00
- Wednesday:
- 8h00 à 12h00, 14h00 à 18h00
- Thursday:
- 8h00 à 12h00, 14h00 à 18h00
- Friday:
- 8h00 à 12h00, 14h00 à 18h00
- Saturday:
- Closed
- Sunday:
- Closed
- Monday:
- 8h00 à 12h00, 14h00 à 18h00
- Tuesday:
- 8h00 à 12h00, 14h00 à 18h00
-
Chamber of Commerce The Companies Exchange of the Chamber of Commerce
- Address:
- 7, Alcide de Gasperi L-2981 Luxembourg
- Phone:
- (+352 ) 42 39 39 362
- Email address:
- business.exchange@cc.lu
-
Chamber of Commerce Business Mentoring Programme
- Address:
- House of Startups, 9, rue du Laboratoire L-1911 Luxembourg
- Phone:
- (+352) 28 81 00 18
- Email address:
- rachel.gaessler@houseofentrepreneurship.lu
- Website:
- http://www.businessmentoring.lu
Coordinator: Rachel Gaessler -
Chamber of Commerce Enterprise Europe Network (EEN)
- Address:
- 7, rue Alcide de Gasperi L-2981 Luxembourg
- Phone:
- (+352 ) 42 39 39 333
- Fax:
- (+352) 43 83 26
- Email address:
- een@cc.lu
- Website:
- http://www.enterprise-europe.lu/
-
Chamber of Commerce Anti-Crisis-Vaccine secretariat
- Address:
- L-2981 Luxembourg
- Phone:
- (+352) 42 39 39 440
- Email address:
- secretariat@vaccinanticrise.lu
-
Chamber of Commerce House of Sustainability
- Address:
- 14, rue Erasme L-1468 Luxembourg
- Phone:
- (+352) 42 39 39 450
- Email address:
- sustainability@cc.lu
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Related procedures and links
Procedures
Links
Further information
- La Chambre Immobilière du Luxembourg
-
Formation pour l'accès aux professions de l'immobilier
sur le site de la House of Training
-
Liste des activités soumises à autorisation d’établissement
Pdf • 236 Ko
Legal references
réglementant l'accès aux professions d'artisan, de commerçant, d'industriel ainsi qu'à certaines professions libérales
