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Setting up a Business in Luxembourg |
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| About
Luxembourg - Overview |
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Lying in the centre
of Western Europe between Belgium, France and Germany, the Grand Duchy
of Luxembourg covers an area of 2,586 square kilometres. It is one
of the smallest countries in Europe, but the countryside varies greatly,
from the hilly Ardennes in the north, to a mineral rich and beautiful
forest and farmlands in the south.
The Grand Duchy is an independent State and a founder member of the
European Union. The location of the country at the heart of the European
Communities provide an easy reach to some largest European financial
and industrial locations, such as Paris, Frankfurt, Köln, Amsterdam,
Brussels and Strasbourg.
Traditionally, the country has followed an open economic policy which
has promoted international trade and attracted foreign capital. The
evidence of such a policy is some significant treaties signed by Luxembourg
with its neighbours, such as the Belgian-Luxembourg Union (1921) implementing
common trade between two countries and the Benelux economic co-operation
treaty (1958) signed with the Netherlands and Belgian, leading towards
more advantageous economical unification.
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Overview
