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

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.).