The following Commercial practice note Produced in partnership with AMMC Law of Luxembourg provides comprehensive and up to date legal information covering:
Updated in October 2017
Though one of the smallest countries in Europe, the Grand-Duchy of Luxembourg (Luxembourg) is one of the world’s heavyweights when it comes to doing business and one of the most important European financial and industrial centres.
Over the recent years, Luxembourg has attracted numerous investment banks, asset management companies, investment funds and holding companies from all over the world, making it the largest centre for private wealth management in the EU as well as a major business hub.
Thanks to its political stability and the effort of its political class to create a business-friendly environment, Luxembourg has developed a reputation for pro-business legislation and administration.
This guide, aimed at businesses wanting to establish themselves in Luxembourg, provides a comprehensive overview of the key features of Luxembourg law that will need to be addressed before starting operations in Luxembourg.
It should be noted however that, no matter how comprehensive this guide is, it should not be regarded as an all-inclusive guide to Luxembourg law and specialised legal advice should always be sought before setting up a business in Luxembourg.
Luxembourg is a representative democracy with a parliamentary system. Luxembourg is headed by a government and a constitutional monarch, the Grand Duke.
Luxembourg is known as a first rank financial centre with an advanced economy with one of the world’s highest Gross Domestic Product per capita. Luxembourg
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