Many managing directors interrested to develop their business have chosen Luxembourg for its political and social stability.
Luxembourg is one of the first country, with a high standard of life determined by its Gross Domestic Product.
Luxembourg population is composed of 590,000 cosmopolitan inhabitants, 45% of them are foreigners speaking different foreign languages.
A well known competitive social tax :
Rate of contribution in 2018:
For employees : 12,70%
For employers : 13,61%
Weekly working hours : 40 hours.
VAT rate: 17%