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Vallee Alzette Luxembourg-2

Why Luxembourg 

An ideal launchpad
for doing business in Europe 

 

Nestled in the heart of Western Europe, Luxembourg offers access to 60% of the EU’s GDP within one trucking day. As one of the most global economies in the world, it provides a very stable and international business environment.

Luxembourg’s geographical location is excellent: the country borders two of the EU’s main consumer markets, France and Germany, and provides easy access to main business and cultural centres in Europe. 60% of the EU’s GDP can be reached within a one-hour flight.

However, it is not only a matter of physical proximity – Luxembourg also has exceptionally strong political, cultural and business links with its neighbours and offers a bridge between countries with rather different cultures and business approaches. The country is trilingual (Luxembourgish, German and French are official languages), and English is widely spoken.

International teams can quickly be set up as the workforce is highly multicultural. Having a base in Luxembourg here makes it easy for companies to gain a foothold in many places across Europe.

An effective startup ecosystem

Luxembourg has always valued international cooperation, and is in fact the 4th most global economy in the world. The economy is strongly export-oriented, and as a leading financial centre specialised in global and European cross-border activities, it has a well-developed legal and regulatory framework for international trade. It is also quick to implement EU legislation.

Relatively small in size and close to technological hotspots in Europe, Luxembourg has built a very effective startup ecosystem. The strong collaboration between different players, such as investors, corporates and public institutions, facilitates the right connections and saves companies precious time.

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