Luxembourg
Luxembourg is one of the 27 Member States of the European Union.
Basic VAcTs
| Latest update | 01.06.2024 |
| Country ISO Code | LU |
| EU Member State | Yes |
| VAT Rates | |
| Standard VAT Rate | 17% |
| Reduced VAT Rate | 8% |
| Special Reduced VAT Rate |
3% + 14% |
| VAT Compliance | |
| Standard VAT Return filing period | Monthly * |
| Standard VAT Return filing deadline | 15th day of the month following the filing period |
|
VAT Representation required for non-resident |
No |
| Record retention period | 10 years * |
| Electronic invoicing | Not mandatory for B2B transactions |
| Real-time reporting | n.a. |
| Special Rules | |
| General domestic reverse charge for domestic supplies of goods by non-resident businesses? |
No |
| Other domestic reverse charge mechanisms? | Yes, e.g. supplies of specific goods (e.g. IT-products, supply of CO2-certificates |
| Postponed Accounting on Import | Yes |
| VAT Grouping possible? | Yes |
| VAT Refunds for non-EU businesses? | Yes (no reciprocity) |
| Remarks | |
| Link to VAT Law | HERE |
| Remarks | * A SAF-T file may have to be kept ('FAIA'). |
Here's an overview of the latest VAT news for this country.
