Situated at the heart of Europe, Luxembourg is a unique gateway to the European market and its 500 million plus consumers. Luxembourg has long established a reputation as a favoured location for a wide range of international companies with diverse business models from a variety of sectors. Around 40% of the European Union’s wealth is concentrated in a 500-kilometre area around Luxembourg.
As a member of the Euro area, Luxembourg profits from the advantages of a huge single market with a single currency (the Euro) eliminating transaction costs and uncertainty caused by exchange rate fluctuations.
Together with companies, Luxembourg’s government has built a business driven environment and developed state-of-the-art infrastructures. Once again, Luxembourg has recently expressed all its wishes to support the companies’ development in promising sectors offering high potential ROI for companies:
Luxembourg has been selected as a prime location for business development by many international firms from different sectors such as Amazon, ArcelorMittal, Cargolux, DHL, DuPont de Nemours, eBay, Goodyear, Huawei, Kuehne + Nagel, Microsoft, Paypal, SES, Siemens, State Street, etc.
Luxembourg offers one of the most attractive frameworks for R&D and Intellectual Property in Europe.
Any companies, private research organisations or public organisations can therefore benefit from a 25 to 100% state aid (generally subsidies or interest-rate subsidies) to finance an R&D project.
Luxembourg tax regime also provides an 80% exemption for income coming from Intellectual Property (IP) rights and capital gains realised on the sale of IP.
Luxembourg’s success can be attributed to a succession of positive, long-term and innovative government policies aiming to enhance business and diversify the country’s economy. As a consequence of this approach, several factors have allowed Luxembourg to offer companies exceptional opportunities for doing business in Europe:
[ "The first recipient is PwC Luxembourg," she said, " in recognition of more than 20 years of helping bring US companies to the Grand Duchy and supporting them when here, thereby contributing to the growth and diversification of the Luxembourg economy." Read more... ]
PwC has an outstanding track record of advising non-EU companies on opportunities to establish their activities in Europe. Our multi-competency team of experts can support you in the different phases of your project:
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