Ideally nestled in the heart of Europe, Luxembourg is a leading centre for business and one of the most innovative countries in the world. A founding member of the European Union, business owners and entrepreneurs looking to set up in Luxembourg will benefit from its high-income market, central location and multi-skilled workforce.

After internal border controls were lifted within the European Union and movement across Europe became easier, the flow of highly skilled workers in Luxembourg increased, turning the small country into a cosmopolitan hub with a world-renowned business centre. Today, it’s open and stable economy makes it an attractive location for business.

Centrally positioned, Luxembourg’s close proximity to 60% of the total EU market gives business owners the unique opportunity to reach major cities like London, Zurich, Munich, Amsterdam, Paris and Frankfurt in just an hour by plane. Its highly desirable position enables entrepreneurs to access major markets in Europe from a central location.

Luxembourg is known for its state-of-the-art infrastructure, efficient road, rail and air transport, as well as its modern and widely deployed optical fibre and cable networks, making it a global leader in high-speed broadband and a favourable hub for the telecommunication industry.

As a strategic gateway to Europe and one of its wealthiest countries, Luxembourg is an international hub for both business and lifestyle, making it an ideal location for entrepreneurs looking for a stable location to set up.

Biggest Commercial Areas

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Bordered by France, Belgium and Germany, establishing in Luxembourg gives businesses the opportunity to share the neighbourhood with some of the world’s largest firms. Some of the most popular places to rent offices include the CBD, Kirchberg Quarter, Station District and the Airport area.

Major institutions in the CBD include Luxembourg Stock Exchange, the Central Bank of Luxembourg and the Banque de Luxembourg. In addition to being home to Notre-Dame Cathedral and the Grand Ducal Palace, the CBD is also the headquarters of companies like Amazon, Regus, Microsoft and PayPal.

Kirchberg Quarter can be found north-east of the city centre and is home to many EU institutions like the European Court of Justice and the European Investment Bank. The eastern part of the Quarter is home to many international businesses and banks.

Just south of the CBD is the ever-growing and popular Airport area, which is a central location perfect for companies and individuals who regularly travel across Europe.

Costs

A typical four-person serviced office in Luxembourg City can cost between €1,800 and €3,500 depending on location and quality of space. A typical desk rate ranges from approximately €500 to €800 per person, per month.

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Dominic needed to source a suitable office for his start-up in Marylebone (London, UK) that could accommodate his 4 employees as well as cater for any growth in the future.

Lucy helped him secure an ideal space within two weeks, on a 12-month flexible term, in a location perfect for his business.

Lucy Ruff has been a lifesaver over the last month or so. We needed to find some office space in Marylebone (London, UK) and I was worried it was going to take up so much of our precious early start-up hours – but no! Lucy called me within minutes of pressing ‘go’ on Instant Offices, talked through our needs and had sent over potentials for us to view within the same day. One of the two options we ended up choosing and I can only put that down to her understanding of our needs and her understanding of the market. Painless process successfully navigated with only a few minutes of my time. Absolute star!

Dominic Bristow

Director