Establishing a company in Luxembourg
Luxembourg is one of the tiniest states in the world but also one of the richest in terms of per capita income. The country is officiously titled the “Grand Duchy of Luxembourg” and is surrounded by various West European countries – France to the southwest, Belgium to the north and Germany to the east. Its total area is 2,586.4 km2 (82 km lengthwise and 57 km in width). Its northern region is made up of a the ridge of the Ardennes and typified by low-slung hills and tolls, while its southern region is larger and includes five diverse and distinct geographical areas (plains, impressive European forests and a green, fertile valley).
The climate is usually temperate with cold winters and pleasant summers, but also a relatively high measure of precipitation. The capital and also largest city is Luxembourg (City) and the general population is 540,000. The official languages are French, German, and Luxembourgish, although French is in predominant usage. It has been independent since 1815 when it separated from France, and is currently a global financial center drawing in many foreign companies and investments. Registering a company there is not a strategy suitable to all types of offshore companies but for companies that are suitable this destination can be a great success.