International & Cross-Border Capabilities
Global Guide 2024 : Luxembourg
Band 3
About
Provided by Baker McKenzie
Based in one of the world's most important financial and holding centers with more than 150 banking institutions and 14,500 funds, Luxembourg is the leading private banking & investment funds center in Europe, as well as the second-most important investment funds center in the world after the US supported by a constantly modernizing, business-friendly legal and regulatory framework.
With its skilled and multilingual workforce, outstanding digital infrastructure with a high-performance R&D and innovation ecosystem, the world's first and leading platform dedicated exclusively to sustainable finance it is a highly suitable environment for your business. Doing business in Luxembourg means a stable economy and political regime AAA rated by S&P, competitive corporate tax rates, incentives, and VAT among the lowest in Europe.