Why is Luxembourg an attractive country for investors?

Business sectors open for foreign investments in Luxembourg

Luxembourg welcomes foreign direct investments and there are a large number of business sectors that are attractive for foreign entrepreneurs:

• - the financial sector;
• - shipping and logistics;
• - automotive and aerospace;
• - ICT (information and communication technologies) and high-tech;
• - research and development.

The company incorporation process is easy and it is another reason why investors choose to open a company here. Each type of company needs to apply for a business permit with the General Directorate for SMEs and Entrepreneurship belonging to the Ministry of Economy. Our company formation agents in Luxembourg can help you apply for a regular business permit and for additional specific ones, required for some liberal professions.

After the company has the necessary permits for functioning, it is registered with the Luxembourg Trade and Companies Register. Additional steps are registration with the social security (if hiring employees), renting or purchasing an office space in Luxembourg and registering with the tax authorities.

 FDI in Luxembourg

The 2016 study issued by fDi Magazine places Luxembourg City on the 9^th position among European cities of the future and despite the economic uncertainties at macro-economic level, the Grand Duchy remains one of the most attractive European countries for foreign direct investment (FDI). This is partially due to the fact that the Government recently enabled several facilities for FDI. Among these are:

• -       tax benefits;
• -       subsidies for purchasing equipment;
• -       advantageous financing options;
• -       capital investment deductions;
• -       the creation of new construction projects in order to rise this sector.

If you have decided to open a company in Luxembourg and need qualified assistance during the company incorporation process and afterwards, you can contact our agents in Luxembourg.