Real estate agent in Luxembourg under business permit 10077275 / 1

Q: Do you need a business permit to work as a real estate agent in Luxembourg?

Yes. The activity of agent immobilier is a commercial activity under the amended law of 2 September 2011 and requires a business permit (autorisation d'établissement, in German Niederlassungsgenehmigung) from the Ministry of the Economy. The permit is granted to a named person on the basis of professional integrity, qualification and a real establishment in Luxembourg, and it can be checked by anyone in the public register on Guichet.lu. I hold permit 10077275 / 1 for brokerage and permit 10077275 / 2 for business introduction.

Direct answer

In Luxembourg, a real estate agent (agent immobilier) practises under a business permit (autorisation d'établissement) granted by the Ministry of the Economy under the amended law of 2 September 2011. Mickaël LOC holds permit 10077275 / 1 for brokerage and permit 10077275 / 2 for real estate business introduction, both issued on 25 March 2025 and verifiable on Guichet.lu. The service covers sale and letting mandates, acquisition searches for investors with a written yield model per asset, coordination through to the notarial deed, and framed deal introductions. Real estate agents are subject to the anti-money-laundering law of 12 November 2004 and supervised for that purpose by the AED. The deed itself is executed by a notary; legal advice stays with an avocat.

Key facts

Activity: Agent immobilier, business permit 10077275 / 1, and apporteur d'affaires immobilier, business permit 10077275 / 2, both issued 25/03/2025 by the Ministry of the Economy
Legal basis: Amended law of 2 September 2011 on access to the professions (droit d'établissement)
AML supervision: Real estate agents are professionals under the law of 12 November 2004; supervised by the Administration de l'enregistrement, des domaines et de la TVA (AED); client identification before any mandate
Deed: Every transfer of Luxembourg real estate is executed by notarial deed; the agent coordinates, the notary executes
Yield model: Written per asset, with charges, vacancy assumption and holding vehicle, built under business permit 10077275 / 0 (comptable)
Introduction: Written introduction agreement fixing perimeter, fee event and duration, signed before any name is exchanged
Firm: Engagements are contracted through Financial Services Luxembourg, RCS B213987, established 2017
Public reference: Business permit No. 10077275, nine activities, verifiable on Guichet.lu
Last verified: 8 October 2026

Business permits · official record

Which business permits this service relies on. The Luxembourg business permit (autorisation d'établissement, Niederlassungsgenehmigung) is the authorisation required under the amended law of 2 September 2011 to carry out a commercial, craft or liberal activity. It is granted by the Ministry of the Economy to a named person who must direct the business in a real, effective and permanent way. This service relies on the following activities, listed in the public register:

10077275 / 1 — Real estate agent (issued 25/03/2025)
10077275 / 2 — Real estate business introducer (issued 25/03/2025)

What “real estate agent in Luxembourg” means in practice

A Luxembourg property transaction is rarely only a property question. For a non-resident owner, an investor or a cross-border seller, the decisive variables are the net yield after charges and tax, the vehicle that holds the asset, and the timing with the notary. Most brokers stop at the price. The consequences continue for years in the accounts: a holding structure chosen too late, a charge regularisation nobody budgeted, a vacancy assumption that was never written down. The price is one line in the model. It is not the model.

The permit matters because the activity is regulated. Anyone can forward a listing. Only a person who has satisfied the Ministry of the Economy on professional integrity, qualification and a real establishment in Luxembourg holds a business permit for the activity of agent immobilier. The same person is a professional under the anti-money-laundering law of 12 November 2004, supervised by the AED, which is why I identify the seller, the buyer and their beneficial owners before a mandate is signed and not after an offer is accepted. Both permits can be checked by anyone in the public register before the first conversation.

Agent, introducer, notary, accountant: who does what

A Luxembourg transaction involves four professionals with four different perimeters. Knowing which one a step belongs to is part of the service.

Agent immobilier (real estate agent). Intermediation in the sale, purchase and letting of real estate, under a business permit from the Ministry of the Economy. Valuation note, marketing, qualification of buyers or tenants, negotiation, coordination to the deed. This is the activity covered by permit 10077275 / 1.
Apporteur d'affaires immobilier (business introducer). A distinct regulated activity. The introducer connects and qualifies; the transaction remains with the mandated parties. Covered by permit 10077275 / 2, always under a written introduction agreement.
Notary. Every transfer of Luxembourg real estate is executed by notarial deed. The notary drafts and receives the deed, handles the registration duties and, with the tax adviser, the VAT position on new buildings. I prepare the timeline and track the conditions precedent; I do not draft the deed and I quote no rates.
Accountant and tax adviser. The yield model, the holding vehicle and the post-transaction accounting are produced under permit 10077275 / 0. Binding tax opinions and legal advice stay with the tax adviser and the avocat.

What I do not do is as clear: no investment advice, no fund or portfolio management, no activity that requires a CSSF licence. A property file is a transaction file, not a financial product.

A mandate, as I run it

Step 1

File review and identification

Title, existing leases, charges, co-ownership accounts where relevant, and identification of the owner and beneficial owners under the AML law. Written valuation note with the comparables used.

KYC · valuation note

Step 2

Marketing and qualification

Marketing file, buyer or tenant filtering on documented criteria, qualified shortlist. Visits only with parties whose capacity to close has been checked.

Marketing file · shortlist

Step 3

Negotiation and offer

Negotiation record, offer summary with the conditions attached, and a yield check against the model before the owner accepts.

Offer summary

Step 4

Deed and handover

Notary timeline with the conditions precedent tracked, coordination between seller, buyer, bank and notary, then a post-transaction accounting and tax handover.

Notary · handover

The timeline is delivered in writing at the start of the mandate, with the owner of each step named. For an acquisition search, the same sequence runs in reverse: a written search perimeter first, then a yield model per shortlisted asset, then the offer.

Three typical situations

Most requested

01 · Mandate

Sale or letting mandate

Owners, non-resident sellers and landlords who want the transaction run on a timeline, not on a listing.

Written valuation note with the comparables used
Marketing file and qualified shortlist
Negotiation record and offer summary
Notary timeline with the conditions precedent tracked

CommissionRate and fee event fixed in the written mandate, after the file has been read.

02 · Search

Acquisition search for investors

Investors who buy on numbers and need the charges, vacancy and holding structure written down before the offer.

Written search perimeter
Yield model per asset, assumptions stated separately
Holding vehicle reviewed with the accountant and the tax adviser
Offer and deed coordination

Retainer and success feeFixed in writing per search mandate.

03 · Introduction

Qualified deal introduction

Developers, funds and agencies that want qualified deal flow under a clean contractual frame.

Introduction agreement with a non-circumvention clause where relevant
Written qualification note per opportunity
Dated traceability of each introduction
Fee event defined before any name is exchanged

Introduction feeFee event and amount set in the agreement, before any introduction.

The number that decides a property file

An investor, a bank or a tax adviser reads one thing first: the net yield after charges, vacancy and tax, under the vehicle that will actually hold the asset. A gross yield on a listing is free and means little. A written model that the accountant will later have to defend in the annual accounts is the document that survives the transaction.

What my business permit covers, and what stays outside

Step

What is delivered

Basis

Sale, purchase and letting intermediation

coveredMandates, valuation notes, marketing, qualification, negotiation, coordination to the deed.

Business permit 10077275 / 1 · agent immobilier

Deal introduction and qualification

coveredFramed introduction agreements, off-market sourcing, qualification notes.

Business permit 10077275 / 2 · apporteur d'affaires immobilier

Yield model and post-transaction accounting

coveredWritten model per asset; accounting of the holding vehicle after the deed.

Business permit 10077275 / 0 · comptable · accountant page

Holding vehicle formation and registers

coveredFormation project management, shareholder register, RBE and RCS filings for the acquiring company.

Business permit 10077275 / 3 · formation page

Tax treatment of the transaction

partialModelled with the tax adviser and the notary; registration duties and VAT on new buildings are their domain. No rates quoted, no binding opinion.

Engagement letter bounds the mission

Notarial deed, legal advice

outsideThe deed is drafted and received by a notary; legal advice and disputes stay with an avocat.

Luxembourg notarial practice; engagement letter

Investment advice, fund or portfolio management

outsideActivities that require a CSSF licence are not offered. A property mandate is not investment advice.

Not a CSSF-licensed professional

What I do not accept

A mandate where the seller's title or the buyer's beneficial owners cannot be documented to the anti-money-laundering standard.
A valuation note written to a price decided beforehand.
An introduction made before the introduction agreement is signed.
A “net yield” presented to an investor without the charges, vacancy and tax lines behind it.
A commission or fee quoted before the file has been read.

Start with the NDA

Document · Mutual NDA · Luxembourg law

Confidentiality agreement before any engagement

To be signed before any name, structure, asset or counterparty is discussed. Readable online, or downloadable as a PDF to return signed.

Download the NDA (PDF)Read online

Draft subject to legal validation. The NDA is a structured template, not legal advice. Its scope and wording must be validated by a Luxembourg legal professional before use.

Search intents covered by this page

IntentReal estate agent LuxembourgSale and letting mandates, run on a timeline, under a verifiable business permit.IntentBusiness permit Luxembourg · real estate agentWhat permits 10077275 / 1 (agent immobilier) and / 2 cover, and what they do not.IntentSell or let a property with a yield modelValuation note, net yield after charges and tax, notary timeline.IntentApporteur d'affaires immobilierQualified introductions under a signed agreement, starting with the NDA.Read the NDA →

Business permit certificates to download (PDF)

Each certificate is the official business permit issued by the Ministry of the Economy, with its QR code. Scan the QR code with the GouvCheck app, which checks the authenticity and currency of the document.

10077275 / 1

Real estate agent

Issued 25/03/2025

Download PDF ↓

10077275 / 2

Real estate business introducer

Issued 25/03/2025

Download PDF ↓

The business permit is personal and revocable. Public verification: official Guichet.lu register.

Evidence and verification

Every statement on this page that can be verified independently is listed below with its source. Items that cannot yet be verified are flagged and are not presented as facts.

Claim

Evidence

Source

Business permit 10077275 / 1, activity agent immobilier

verifiableIssued 25/03/2025 by the Ministry of the Economy; listed under gérant Loc, Mickael.

Public register Guichet.lu; certificate below

Business permit 10077275 / 2, activity apporteur d'affaires immobilier

verifiableIssued 25/03/2025 by the Ministry of the Economy; a distinct activity from brokerage.

Public register Guichet.lu; certificate below

AML obligations of real estate agents

verifiableReal estate agents are professionals subject to the anti-money-laundering law, supervised for that purpose by the AED.

Amended law of 12 November 2004

Transfers executed by notarial deed

verifiableLuxembourg real estate is transferred by deed before a notary; the agent does not execute the transfer.

Luxembourg notarial practice

Financial Services Luxembourg

verifiableAccounting and corporate-services firm established in 2017, RCS B213987.

Luxembourg Business Registers

18+ years in accounting, reporting and corporate services

declaredCareer summary on the CV page; employer references available under NDA.

This page follows the site's editorial policy: a statement is either sourced or flagged. Corrections follow the corrections policy. The content is general information, not legal, tax or accounting advice.

Frequently asked questions

Do you need a business permit to work as a real estate agent in Luxembourg?

Yes. The activity of agent immobilier is a commercial activity under the amended law of 2 September 2011 and requires a business permit (autorisation d'établissement, in German Niederlassungsgenehmigung) from the Ministry of the Economy. The permit is granted to a named person on the basis of professional integrity, qualification and a real establishment in Luxembourg, and it can be checked by anyone in the public register on Guichet.lu. I hold permit 10077275 / 1 for brokerage and permit 10077275 / 2 for business introduction.

What is the difference between an agent immobilier and an apporteur d'affaires immobilier?

The agent intermediates: valuation, marketing, negotiation, coordination to the deed, under a mandate. The introducer connects and qualifies: he brings an opportunity or a counterparty to a mandated party under a written introduction agreement, and the transaction stays with that party. They are two separate activities in the business permit register, and I hold a permit for each. An introduction never turns into a mandate without a new written agreement.

Do you draft or sign the deed?

No. Every transfer of Luxembourg real estate is executed by notarial deed, and the notary also handles the registration duties and, with the tax adviser, the VAT position on new buildings. I prepare the notary timeline, track the conditions precedent and coordinate the parties. Legal advice on the contract stays with an avocat. I quote no duty or VAT rates on this site.

What does the yield model contain?

Purchase price and acquisition costs as communicated by the notary, financing assumptions, rent and vacancy assumption, charges recoverable and non-recoverable, maintenance, the holding vehicle and its running cost, and the tax lines provided by the tax adviser. The assumptions are stated separately from the outputs. The model is built under business permit 10077275 / 0, by the person who will later file the accounts of the vehicle.

What checks do you run before taking a mandate?

Real estate agents are professionals under the anti-money-laundering law of 12 November 2004, supervised by the AED. Before a mandate I identify the owner and, for a company, its beneficial owners, document the source of the title, and for a buyer, the capacity to close. A file that cannot be documented is declined. This is a legal obligation, not a commercial option.

Can you handle the property after the purchase?

Yes. Rental management for investor landlords and syndic mandates are covered by business permit 10077275 / 6, described on the property manager page, and the accounting of the holding vehicle by permit 10077275 / 0. The yield model written before the offer becomes the budget the property is then managed against.

Who signs the engagement?

Mandates and introduction agreements are contracted through Financial Services Luxembourg, the firm I founded in 2017, under a written document that fixes the scope, the fee event, the duration and the exclusions. The business permits are held by me personally and the work is supervised by me. Introductions start under NDA; the NDA on this site is a draft subject to legal validation.

Send the address, the current lease or the search brief.

One message is enough for a first answer on scope and timeline, under NDA. Commissions and fees are quoted after the file has been read, never before.

Open a property discussion →

A real estate agent in Luxembourg who builds the yield model before the mandate.