Luxembourg and the ICT sector
Headquarter functions
The expertise acquired in the media and ICT sector, combined with the general attraction of doing business in Luxembourg, leads international companies to choose Luxembourg as their platform to the European market. These headquarter functions generally include high-level planning, financial, marketing and sales functions.
Luxembourg and e-commerce
A lot of e-commerce companies, such as eBay, iTunes, Rakuten or Amazon, chose Luxembourg as their headquarter for serving the European market.
Data centers in Luxembourg
The finance sector of this small country generated expertise in information and communication technologies. As a result of the competence Luxembourg had proved in data handling, followed the establishment of an important number of data centers in Luxembourg, along with leading-edge infrastructures, providing high-level secured services.
Major public and private players have chosen to set up their data centers in Luxembourg, including the European Commission and the European banking group Dexia.
Data processing activities located in Luxembourg comprise, amongst others, backup and recovery, authentication and billing.
Intellectual property and domain names
The Government has put in place a new framework for intellectual property in 2007. The law creates an attractive framework for IP portfolio management in Luxembourg. Profits made through intellectual property (patents, domain names, software copyrights,…) now benefit from an 80% tax exemption. Luxembourg is the first European Union Member State to offer this kind of investor-friendly legal environment for domain name portfolio management.