En quelques mots
Ideally situated at the crossroads between Belgium, France and Germany, Luxembourg is a small but highly stable country boasting one of the highest GDP per capita in the world. It is a founding member of the European Union and a home to some of the EU’s most important institutions, including the European Investment Bank and the European Court of Justice.
The Luxembourg financial centre, which originally developed as a private banking centre, has grown to become the second largest investment fund centre in the world, the largest captive reinsurance market in the European Union and the premier centre for private banking in the Economic Monetary Union (EMU).
Its mature legal and regulatory systems have been continuously updated and, in recognition of the fact that banking and financial services account for the majority of Luxembourg’s economic output, numerous specific regulatory frameworks have been created. These include frameworks for investment funds (UCITS and alternative investment funds), banking activities, insurance and reinsurance, securitisation vehicles and family wealth management companies.
Multinational companies have also recognized the advantages of Luxembourg, such as its geographical situation, its international and skilled labour force, high return on investment, neutrality, easy access to government bodies and a very attractive and stable tax environment.
The combination of all these elements makes Luxembourg the destination of choice for the European headquarters of multinational companies and also offers them an unrivalled gateway to Europe.