Doing Business in Luxembourg

EENI Business School & HA University


Syllabus of the Subject - Doing Business in Luxembourg.

  1. Introduction to the Grand Duchy of Luxembourg (European Union)
  2. Luxembourger Economy: one of the most important financial centres of Europe
  3. Doing Business in Luxembourg
  4. Luxembourger Foreign Trade
  5. Foreign Direct Investment (FDI) in Luxembourg
  6. Access to the Luxembourger Market
  7. Business Plan for Luxembourg

The objectives of the subject “Doing Business in Luxembourg” are the following:

  1. To analyse the Luxembourger Economy and Foreign Trade
  2. To evaluate the business opportunities in the Luxembourger Market
  3. To analyse Luxembourger trade relations with the country of the student
  4. To know Luxembourger free trade agreements as a member of the European Union (EU)
  5. To develop a business plan for the Luxembourger Market
The Subject (e-learning) “Foreign Trade and Business in Luxembourg” is part of the following Higher Education Programs (Bachelors, Masters, Doctorates) taught by EENI Business School & HA University:
  1. Doctorate: Europe
  2. Professional Master's Degrees (e-learning): Europe, International Business, Foreign Trade

Tertiary Education programs adapted for Luxembourger Students

Course learning materials in Higher Education in English + Higher Education in Spanish Luxemburgo Post-secondary Education in French Luxembourg Tertiary Education in Portuguese Luxemburgo.

  1. Credits of the subject “Doing Business in Luxembourg”: 1 ECTS
  2. Duration: one week

Continuing education (e-learning), EENI Business School & HA University

Description of the Subject (Online Learning): Doing Business in Luxembourg

The Grand Duchy of Luxembourg (Europe)

  1. Capital: Luxembourg
  2. Official Language: French, Luxembourger, German
  3. Area: 2,586 square kilometres
  4. Population: 543,202 of people
  5. Type of Government: Parliamentary Monarchy
  6. Borders of Luxembourg: France, Germany and Belgium
  7. Luxembourg is a landlocked country
  8. Religion in Luxembourg: Catholicism (Christianity)
  9. Luxembourg belongs to the Western Christian Civilisation (European Economic Area)
  10. Independence: 1867 (Netherlands)

Economy of Luxembourg.

  1. The Grand Duchy of Luxembourg is one of the most important financial centres in Europe (28% of Luxembourg GDP): investment funds and high-risk, private banking, capital management
  2. Luxembourger GDP (nominal): 31,376 million EUR
  3. GDP per capita: 68,500 euros (one of the largest in the world)
  4. Luxembourger Currency: Euro (1999)
  5. Luxembourg is a member of the European Union since 1958
  6. Luxembourg has an outstanding logistics platform thanks to its strategic position between France, Belgium and Germany
  7. The Luxembourger steel industry is crucial
  8. Luxembourg offers significant tax advantages for companies (it is one of the European Countries with the least taxes)
  9. There have been several scandals related to tax evasion that has hit companies like Pepsi Cola, Ikea, Procter & Gamble, FedEx, Accenture, Burberry, JP Morgan, Deutsche Bank or Amazon
  10. The OECD does not consider Luxembourg as a tax haven
  11. Arcelor Mittal, the world leader in steel, has its headquarters in Luxembourg
  12. 60% of the workforce is foreign
  13. Headquarters of the Court of Justice of the European Union: Luxembourg

Luxembourger Foreign Trade.

  1. Main Luxembourger Exports: machinery, steel products, chemical products and del rubber
  2. Top Export Markets of Luxembourg: Germany (23%), France, Belgium, Italy
  3. Main Luxembourger Imports: minerals, metals, aeroplanes, chemical products, luxury products
  4. Main suppliers of Luxembourg: Belgium (31%), Germany, France, the United States
  5. As a member of the European Union, Luxembourg is the beneficiary of the EU Free trade agreements

International economic relations of Luxembourg

  1. International Chamber of Commerce
  2. World Bank
  3. Organisation for Economic Cooperation and Development (OECD)
  4. World Trade Organisation
  5. Economic Commission for Europe (UNECE)
  6. Group of States of the Council of Europe Convention against the corruption (GRECO)
  7. European Union
  8. International Monetary Fund (IMF)
  9. European Investment Bank (EIB)
  10. European Bank for Reconstruction and Development
  11. Organisation for Security and Cooperation in Europe (OSCE)
  12. United Nations
  13. Asia-Europe Economic Meeting (ASEM)

Examples of the subject - Foreign Trade and Business in Luxembourg:

European Union-Mexico Free Trade Agreement (Course)

European Union-Chile Free Trade Agreement (Course)

Economic Commission for Europe (UNECE)

(c) EENI Business School & HA University