Why Luxembourg? - The American Chamber of Commerce ...

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4.3. Luxembourg’s value proposition for key business sectors Biotechnology in Luxembourg: key facts and figures Case study: WaferGen Type of business • Develops, manufactures and sells advanced systems for genomic analysis to the life science and pharmaceutical industries. • European headquarters planned to be established in Luxembourg. • Agreement with IBBL in place to expand the use of its services/products. Key motivations to locate in Luxembourg • Strong government support for life sciences and healthcare research. • Central location to access the European market. • Business-friendly environment.
4.4. Luxembourg’s value proposition for key business sectors Luxembourg value proposition for ICT / e-commerce players Connectivity and platform for start-ups • By 2013 creation of “ultra-high bandwidth” labeled business zones with a guaranteed redundant fiber access. • Public investment for ICT infrastructure: FTTH initiative. • PwC’s accelerator, boosting innovative ICT companies. • Government initiatives for start-ups. • Luxembourg, a European hub by 2015. Tax advantages • Lowest standard VAT rate in Europe (15%). • Broadcasting: VAT rate of 3%. Luxembourg is ranked 2 nd out of 161 countries in terms of most advanced ICT economy. Sources: Luxembourg for ICT. ITU’s ICT Development Index. Other specific advantages • InfoCom cluster (Information and Communication Technologies). • Experienced and multilingual workforce. • Supportive business climate for this strategic industry and a proactive government to develop new ICT opportunities. • Easy access to banking licenses. Luxembourg’s connectivity State-of-the-art • Good opportunities in broadcasting, media development and digital contents production. • Research Unit at University of Luxembourg (security, cryptology, etc.).
Page 1 and 2: Why Luxembourg? A unique location t
Page 3 and 4: 1. Located in the very heart of Eur
Page 5 and 6: 2.1. Why Europe is essential for in
Page 7 and 8: 3.1. Luxembourg’s general advanta
Page 17 and 18: 4.1. Luxembourg’s value propositi
Page 19 and 20: 4.2. Luxembourg’s value propositi
Page 21: 4.3. Luxembourg’s value propositi
Page 25 and 26: 5. Why Luxembourg? Presentation of
Page 27 and 28: 5.2. Working in Luxembourg The comp
Page 29 and 30: 5.4. Set up in Europe, a website de
Page 31 and 32: 6.1. Appendix 1 Luxembourg rankings
Page 33 and 34: 6.3. Appendix 3 A competitive total
Page 35 and 36: 6.5. Appendix 5 European comparison
Page 37 and 38: 6.7. Appendix 7 Aid for research, d

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