An LLC in Luxembourg has a number of benefits. It is particularly beneficial due to the limited liability of the shareholders. Its shareholders are only liable up to the amount of their contribution to the company’s share capital. Thus, creditors cannot pursue personal assets of shareholders to pay business debts. Additionally, an advantage of an LLC in Luxembourg is flexibility in taxation compared to other legal forms. Thirdly, since the business structure of an LLC is simple, the administrative formalities are reduced and the minimum capital is low.