Luxembourg is a founding member of the European Union and one of its modern capitals located in the center of Western Europe between Belgium, France and Germany. Such location places Luxembourg between the largest European cities and major economic centers such as Paris, Frankfurt, Amsterdam and Brussels.
A small area of the country simplifies the interaction between companies established in Luxembourg as well as the collaboration with Clients. The government of Luxembourg pays special attention to the fintech sector, research, innovation and technology development. There are a number of research centers financed by the government aimed at the development of information technologies, medicine and the efficient use of natural resources. Luxembourg also offers several conditions to support new businesses, such as providing land at attractive prices (plots of land equipped with the necessary infrastructure and are close to international highways, railways and airports), business centers (supporting innovative startups and companies that have recently entered the Luxembourg market), favorable tax environment (low VAT rate, accelerated depreciation and various tax incentives which leads to a high return on investment) etc.