Luxembourg, bordered by Belgium, Germany and France, is a major financial and international private banking centre in the Eurozone and the second largest funds management and administration centre in the world and a prime location for holding and financing companies.
LUXEMBOURG HAS WON THE EUROVISION SONG CONTEST FIVE TIMES, AN ACHIEVEMENT ONLY EXCEEDED BY IRELAND.
The country provides private wealth management services, the administration and cross-border distribution of collective investment funds and alternative funds and flexible tax structures.
The jurisdiction is favoured by many multinational corporations due to its attractive tax treaty network as well as by promoters wishing to market their funds specifically in the Eurozone or worldwide markets.
Its success as a modern finance centre is due to the social and political stability of the country and an easy to navigate legal and regulatory framework. Luxembourg’s anti-money laundering and investor protection policies have been important factors in attracting globally located private and institutional clients over the years.