Grand Duchy of Luxembourg
TKEG Expat ™ (Canada) Business Guide

Grand Duchy of Luxembourg

Corporate Services in Luxembourg

Tax Haven

Favorable tax systems encourage entrepreneurs to establish special purpose entities in Luxembourg. One of the benefits is the absence of withholding taxes and usage fees. Economists estimate that 80% of profits from EU countries flow to tax havens in Europe, such as Luxembourg, Ireland, and the Netherlands.

Information and Communication Technology

As a globally recognized center for information and communication technology, Luxembourg has rapidly become a global hub for network security and data protection, ranking high on the global innovation index. Efficient public research facilities and projects provide numerous opportunities for startups, small and medium-sized enterprises, and large corporations.

Biotechnology Industry

With the assistance of advanced information and communication technology infrastructure, Luxembourg's biotechnology industry ranks high globally due to robust intellectual property protection, national research and development expenditure, policies, and overall stability, each serving as favorable indicators for assessing a country's potential innovative environment.

Banking and Financial Services

Luxembourg is among the leading European financial centers, following London and Zurich. The banking sector accounts for around one-third of the gross domestic product and serves as a major driving force of the national economy. Its success in the financial field stems from its professional expertise, extensive provision of financial services, political stability, technically skilled workforce, and qualified multilingual labor force.

Tax Info

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Administrative Regions

CA - Canton of Capellen
CL - Canton of Clervaux
D - Diekirch District
DI - Canton of Diekirch
EC - Canton of Echternach
ES - Canton of Esch-sur-Alzette
G - Grevenmacher District
GR - Canton of Grevenmacher
L - Luxembourg District
LU - Canton of Luxembourg
ME - Canton of Mersch
RD - Canton of Redange
RM - Canton of Remich
VD - Canton of Vianden
WI - Canton of Wiltz

Belonging Jurisdiction

Grand Duchy of Luxembourg

LU - Luxembourg

Grand Duchy of Luxembourg
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European Economic Area

EEA - European Economic Area

European Economic Area
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European Union

EU - European Union

European Union
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Earth

WORLD - Global

Earth
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