Luxembourg is renowned as a secure and reliable hub for cross-border business activities, with a government that does what it can to make it easy for companies, large and small, to thrive. The presence of major international groups and innovative companies – Amazon, Vodafone, Goodyear, Circuit Foil, SES, Ceratizit, Artec 3D and Spire, to mention just a few examples – testify to its success.
Openness and ease of interaction
The ease of interaction with public authorities and the readiness of decision makers to listen and understand the concerns and ideas of business are key to many successful business endeavours in Luxembourg. The social climate is characterised by dialogue and mutual understanding.
Close and direct human interaction comes naturally in Luxembourg and enables close relationships of trust to be built. Key partners can be connected swiftly and decisions are thus enabled in the interest of innovative business. Pioneering initiatives such as SpaceResources.lu or the launch of a unique, business-oriented high performance computer resulted from the capacity of policy makers to gain rapid and in-depth insights into innovative business opportunities and lay the ground in Luxembourg to turn them into reality. Thanks to the close-knit business community, companies can also be easily introduced to potential partners, clients, suppliers, and so on.
Business-oriented regulations
Luxembourg’s business-friendly attitude is reflected in various regulations, such as the following:
- Streamlined and transparent administrative procedures
- Competitive corporate tax rate
- Extensive network of double tax treaties
- Favourable indirect labour costs
- Advantageous import and export regulations
Supporting business-creation processes
Any company interested in incorporating in Luxembourg can benefit from the professional support and advice of the House of Entrepreneurship, a one-stop shop for entrepreneurs and established businesses offering its personalised services free of charge.
English can be used for all incorporation-related documents (with a French/German translation).
Premises
Luxembourg is home to a large number of private and public-private co-working spaces, incubators and accelerators that offer premises as a good starting point for companies looking to establish a foothold in the country. The national incubator Technoport offers 16,000 m2 of facilities – office space, co-working space and industrial workshops – to start-ups and international companies looking for their first premises in Luxembourg. Other types of land and office space are also available.