An increasing number of the world's leading companies are settling in Luxembourg to extend their reach beyond their home borders and into international markets. Why Luxembourg? Because it combines superior logistics, central geographic location, excellent shared services, a highly educated and multilingual labour force, a favourable tax climate and the financial infrastructure needed to excel in a competitive global environment.
The list of global companies already taking advantage of Luxembourg’s assets includes ArcelorMittal, the world's largest steelmaker, satellite communications giants SES and Intelsat, automotive components maker Delphi (Powertrain Systems), chocolatier Ferrero, RTL Group, the leading European radio and TV broadcaster, and intercontinental airfreight leader Cargolux International Airlines.
Joining them more recently are international leaders such as Amazon.com, Rakuten, Rovi Corp., PayPal, Barnes & Noble, Netflix, Apple iTunes, Dupont Teijin Films, Fanuc Robotics, and Guardian Industries, among many others.
There is plenty of competition between countries to attract these headquarters, yet they come to Luxembourg. Here’s why:
- A rewarding tax environment and business-friendly legal and regulatory framework to support comprehensive participation exemption rules and an extensive network of double tax avoidance treaties;
- A strategically central location with widespread air, high-speed rail and highway systems that ensure efficient access to major political and economic centres;
- A standard of living among the highest in the world, with excellent safety, security, and quality of life that matter to executives and their families as well as to the qualified international talent they want to recruit;
- A labour pool of skilled, multilingual talent to feed corporate needs, including legal, finance and accounting, sales and marketing, supply chain management, R&D and IP management;
- A state-of-the-art IT infrastructure and redundant international broadband connectivity to fulfil the expanding demand for data centres and IT services;
- A stable political and fiscal system that numbers among the European Union’s most successful, business-friendly, Triple-A-rated economies.