is interested in becoming one of the most representative economies in Europe in terms of space activities
. Thus, its governmental policies aim at turning Luxembourg
into a top economy for the exploration and exploitation of space resources
. Foreign investors who are interested in opening a company in Luxembourg
operating in the field of space activities
should know that the European Investment Bank
) is searching for suitable methods to provide financing to private companies
activating in this industry. Our team of company formation representatives in Luxembourg
can offer more details on how to register a business
in this field.
The Luxembourg authorities have created the SpaceResources.lu initiative, which has as the main target the development of the commercial activities that use various space resources, one of them being the mining of rare minerals found on the Moon, which could have numerous usages for multiple industries.
Businessmen who want to start the procedure of company registration in Luxembourg
in this field could benefit from several incentives, as the local government is interested in providing financial assistance to private entities
using the latest space technologies
EIB’s mission is to assist the Ministry of Finance in Luxembourg in finding the proper manner in which such companies can receive financial assistance.
• The European Fund for Strategic Investments.
Legal matters concerning space activities in Luxembourg
Due to its increased popularity amongst private companies
, space activities
became profitable sectors in numerous countries, including Luxembourg
Businessmen interested in company formation in Luxembourg
can rely on the development of this field, especially when considering that the local authorities want to create a national legal framework regulating businesses performing various commercial activities
related to space matters.