As a founding member of the European Union (EU) and part of the Eurozone, Luxembourg is strongly committed to an open EU without borders. Trading from Luxembourg gives you easy access to:
- 1 market consisting of the 27 EU member states
- 19 countries in the Eurozone using the same currency (euro)
- 445 million consumers
- Free mobility of capital, products, services and labour
Luxembourg is located between two of the EU’s main consumer markets, namely France and Germany. 60% of the EU’s GDP can be reached within a one-hour flight. Luxembourg City is close to other EU centres:
- Paris: 380 km
- Frankfurt: 250 km
- Brussels: 200 km
Excellent base for international trade
Luxembourg’s economy is strongly export oriented, and as a leading financial centre specialised in global and European cross-border activities, the country has a well-developed legal and regulatory framework for international trade. The country is quick to implement EU legislation.
The country’s well-known commercial and political neutrality helps to facilitate good international business relationships. Having a base in Luxembourg often facilitates the reach to markets with different cultures and business approaches from one single location.
With its highly multicultural and diverse population, relatively small size and closeness to a range of technological hotspots in Europe, Luxembourg is an ideal testbed for the development and commercialisation of new products and services targeted at the European market.