Luxembourg, the Third Major European Financial Centre

Written by: Editor

Luxembourg-the-Third-Major-European-Financial-Centre.pngLuxembourg was recenlty confirmed as one of the top European financial centres, according to the newest Global Financial Centres Index (GFCI). The country occupies the third rank, offering an attractive financial market for businessmen who want to open an investment fund in Luxembourg. The first two ranks were offered to the United Kingdom (London) and Germany (Frankfurt). At a global level, Luxembourg is rated as the 14th economy, improving its position by four places compared to the previous GFCI study. Our team of financial representatives can offer professional assistance on the main benefits investors can obtain while performing investment activities in this country. 
 

The GFCI study on Luxembourg 

 
As mentioned above, Luxembourg provides one of the best regulatory frameworks for financial activities. This has also been shown in the GFCI study, which offered to Luxembourg the 5th rank on “Government & Regulatory” index
 
Businessmen who are interested in services of wealth management in Luxembourg or any other investment activity, may set up their operations in this city, which ranks as a “Global Specialist”, together with Shenzhen (China). According to the data provided by the GFCI study, Luxembourg has numerous opportunities in becoming an increasingly significant market for financial activities
 
The GFCI refers to “global specialists” at financial centers with a highly developed market in the following domains: 
 
investment management;
banking;
insurance;
professional services;
 
The regulations related to investments in the financial domain provide a wide range of investment vehicles (such as investment funds and investment companies) addressed to various categories of businessmen. For example, investors may set up an investment company with fixed capital - SICAF in Luxembourg, a type of legal entity which provides numerous tax exemptions. The vehicle is exempt from the income tax or the value added tax and it can also benefit from the stipulations deriving from the treaties for the avoidance of double taxation, which can be detailed by our team of financial agents
 

Luxembourg in the GFCI global study  

 
The top global financial markets are the following: 
 
London; 
New York;
Singapore;
Hong Kong;
Tokyo. 
 
Although Luxembourg is rated as the 14th global economy, the country is considered the 3rd Western European country in terms of reputation, following London and Zurich.
 
Investors are invited to contact our team of financial consultants for more details on the financial activities that can be established here. 
 

Comments

  • Andrew 2017-10-02

    I like your articles, they present in a simple manner numerous important information on this investment market.

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