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Luxembourg Enabled New Loan Program for Innovative Companies

2016-12-12

The European Investment Fund (EIF) and one of the largest banks in Luxembourg have drafted an agreement through which innovative companies in the Grand Duchy would have access to finance. The agreement is called InnovFin SMEG and is dedicated to small and medium-sized enterprises (SMEs) in Luxembourg. If you want to open an innovative company in the Grand Duchy, you can rely on our law firm in Luxembourg.

Luxembourg and China to Cooperate in the Financial Industry

2016-12-10

Luxembourg is the most important financial center in Europe which is why two large Chinese banks have announced their intention of setting up their presence here. In the light of this event, Luxembourg and China have also decided this is a good opportunity for them to strengthen their economic relations. Our lawyers in Luxembourg can offer foreign investors information about the double tax treaty between the Grand Duchy and China.

Luxembourg Launched the First Green Financing Platform

2016-11-15

The Ministries of Economy and Environment in Luxembourg have signed an agreement with the European Investment Bank with the purpose of launching a financing platform through which companies in Luxembourg would engage in green energy projects. The memorandum of understanding was signed right after Luxembourg enabled the first green stock exchange. Our lawyers in Luxembourg can assist foreign investors who want to open a company in the Grand Duchy.

Luxembourg to Launch New Cybersecurity Centre in 2017

2016-11-10

For Luxembourgcybersecurity is very important from various points of views. The most important one refers to financial companies which offer most of their services in the online environment, among which online transactions are very employed. This is one of the main reasons, the Government has decided to launch a new cybersecurity centre in 2017. This way the information of both public and private companies would be kept safer than before. Our lawyers in Luxembourg can offer information on the legislation related to Internet and telecommunications.

What Will Brexit Mean for the Luxembourg Funds Industry?

2016-11-07

After the Brexit became a fact and the UK has little time left to leave the EU, the most important question that arose was how would the financial industry in Luxembourg be affected. This question is very important because London is one of Luxembourg greatest partners when it comes to the investment funds industry. Our lawyers in Luxembourg can assist foreign investors who want to set up investment funds here.

Luxembourg Rated AAA by Three Major Credit Rating Agencies

2016-10-19

Luxembourg is one of the most stable economies in Europe, as the three most prestigious financial agencies in the world have announced. In September, Standard and Poor’s (S&P), reaffirmed Luxembourg’s AAA rating, after Moody’s and Fitch announced the same ratings in the previous months. Our lawyers in Luxembourg can assist foreign investors who want to open companies in the Grand Duchy.

Luxembourg Launches New Reserved Alternative Investment Fund

2016-10-06

Luxembourg continues to consolidate its position as an international financial center through the launch of a new investment structure: the reserved alternative investment fund, shortly known as RAIF. The new legislation providing for the establishment of investment funds addresses international investors and asset managers seeking to offer their services in Luxembourg. Our lawyers in Luxembourg can offer more information on the new RAIF Law.

Why Invest in the Wealth Management Industry in Luxembourg?

2016-10-03

Luxembourg is known as Europe’s financial center with several developed clusters revolving around the financial industry. One of these clusters is wealth management. The number of private wealthy individuals has transformed Luxembourg into one of the most sought destinations for investments in Europe. As a consequence, an impressive number of companies in Luxembourg are now specialized in offering wealth management services. Our lawyers in Luxembourg can help you set up a company in the Grand Duchy.

Luxembourg to Enable New Charging Stations for Electric Vehicles

2016-09-16

The Luxembourg government is trying to offer the best solutions to investors coming here, in order for these to benefit from good work conditions. With the new electric car trends, the Grand Duchy has decided to enable a network of charging stations for electric vehicles. The number of stations is set at 800 and the project for enabling them will run until 2020. Our lawyers in Luxembourg can assist foreign investors seeking to open companies in the Grand Duchy.

Luxembourg Is Looking to Revamp Economic Promotion Strategies on FDI

2016-09-12

The Luxembourg Government is focused on reforming the Grand Duchy’s economic promotion strategy by merging several agencies in order to provide for better programs when it comes to attracting foreign investment. In order to do so, the Ministry for the Economy enabled the Digital Lëtzebuerg scheme. Our lawyers in Luxembourg can offer detailed information the legislation favoring foreign investments.

Luxembourg Among the Strongest Economies in the EU

2016-09-05

While the economy across Europe has slowed during the second quarter, the same thing cannot be said about Luxembourg. As an international financial center, the Grand Duchy has fared much better than other EU countries, especially thanks to the financial industry. Moreover, Luxembourg’s economy is expected to improve by the end of the year. Our lawyers in Luxembourg can help foreign investors who want to open companies in the Grand Duchy.

Why establish an investment fund in Luxembourg?

2016-08-30

Luxembourg is a well-known financial center and a reliable market for investors interested in setting up an investment fund. This country is considered to be the first in Europe in terms of financial business and the leading location for investment funds in the last 30 years.

Why Relocate Your Company in Luxembourg after Brexit

2016-08-17

After hearing the results of UK’s referendum for exiting the EULuxembourg has announced that it is interested in creating a sustainable partnership with Great Britain. However, many businessmen are now facing a set of questions on what to do once the Brexit becomes effective and most of the times the answer is to move to an EU country.

Luxembourg Launches New Incubator for Social Entrepreneurs

2016-08-09

Social businesses are not unusual in Luxembourg, as a matter of fact, they have become quite popular during the last few years as the legislation is quite developed and governmental support is also in place for those setting up this type of structures. Now, social enterprisers benefit from a new incubator dedicated to them. Our lawyers in Luxembourg can offer detailed information the laws on social enterprises.

Telecommunications,One of the Most Developed Industries in Luxembourg

2016-08-03

Luxembourg is starting to close the gap created years back between the financial industry, especially the investments cluster, and the other industries contributing to the economy by investing in them. One of these industries is the telecommunications one which, according to the World Economic Forum, has brought the Grand Duchy the 9th position in the Network Readiness Index. If you want to open a company in the telecom industry, our lawyers in Luxembourg can help you.

Luxembourg Enables New Publishing and Filing Platforms for Companies

2016-07-19

At the beginning of summer, Luxembourg has brought several changes to its Commercial Code which now includes a new publication scheme. A new publication platform was also designed in order to help companies in Luxembourg access the Trade Register. Our lawyers in Luxembourg can help you set up a business in the Grand Duchy.

Luxembourg on the Good Path to Fiscal Consolidation

2016-07-15

During the last meeting, Luxembourg and International Monetary Fund (IMF) representatives have discussed the tax changes that would be enabled in 2017, after the IMF commended the Grand Duchy for its economic results obtained in 2015. Our lawyers in Luxembourg can offer more information on the proposed tax changes.

Luxembourg to Amend Double Tax Treaty with the USA

2016-07-13

Luxembourg and the United States have started amending their double taxation treaty at the end of 2015. Luxembourg is currently trying to introduce Base Erosion and Profit Shifting (BEPS) measures in its double taxation agreements, in accordance with OECD’s recommendations. Our lawyers in Luxembourg can offer more information about the Grand Duchy’s agreements for the avoidance of double taxation.

Luxembourg Launches First Open Innovation Club

2016-07-11

Luxembourg is currently investing in the development of other industries, one of the most popular of them being innovation. This is why several the most important players on the local business market have united and created the Luxembourg Open Innovation Club (LOIC). Our law firm in Luxembourg can help foreign investors set up companies in the innovation industry.

Luxembourg Enables New UCITS V Legislation

2016-06-13

The latest EU Undertakings for Collective Investment in Transferable Securities (UCITS) V Directive which was enabled in May was also approved by the Luxembourg Chamber of Deputies. The new directive is about to be enforced. Our lawyers in Luxembourg can help foreign investors set up UCITS funds in the Grand Duchy.

5 Reasons to Invest in Luxembourg

2016-06-09

Luxembourg is one of the most developed countries in Europe thanks to its financial sector, however, during the last years the Government has understood the necessity of having a diverse economy, so it has started to use various techniques in order to develop other industries. The result is a growing number of foreign enterprisers coming to Luxembourg and investing in other sectors than the financial one. Below you can find 5 of the main reasons it is worth investing in Luxembourg.

Luxembourg and Abu Dhabi to Cooperate on Financial Services

2016-06-07

Luxembourg and the newest free zone in the UAE, the Abu Dhabi Global Market have recently signed a Memorandum of Understanding on financial services. As Europe’s leading financial center, Luxembourg was considered the perfect partner by the free zone dedicated to professional investors interested in establishing funds in the UAE. Our Luxembourg lawyers can provide you with information on the content of the agreement.

Luxembourg Shifting Towards a Digital Economy

2016-06-02

“Digital” and “economy” are used together more often than ever which has put companies in Luxembourg in the situation of finding solutions in order to implement digital technology in their systems. Nowadays, all companies must find the suitable way to integrate digitization on an organizational level, but they must also try and create new technologies in order to make the transition between traditional and digital easier.

Luxembourg Ranks First in the 2016 E-Commerce Readiness Report

2016-05-18

E-commerce is quickly starting to gain terrain in Luxembourg, especially at business-to-consumer level, according to the last report issued by United Nations Conference on Trade and Development (UNCTAD). This industry is starting to develop as the Government understands the need of companies to provide highly-secured services within speedy time limits. Our lawyers in Luxembourg can help you set up an e-commerce company in the Grand Duchy.

Luxembourg Enables New Schemes for Entrepreneurs

2016-05-17

The Luxembourg Government has enabled a new project meant to help investors set up new companies in the Grand Duchy. The new scheme is called the “House of Entrepreneurship” and aims to assist local and foreign enterprisers seeking to register as sole traders in Luxembourg. If you need assistance in opening a company in Luxembourg, our local law firm can assist you.

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