Luxembourg: A Leading Hub for Efficient Entity Management

Luxembourg has solidified its position as a top jurisdiction for entity management, ranking 2nd fastest globally in the Mercator Entity Management Report 2024. The country’s regulatory transparency, digital infrastructure, and skilled workforce make it an attractive destination for multinational companies.

Published by Mercator® by Citco, the report assesses 180 jurisdictions based on the time and cost required to complete corporate secretarial activities. Unlike survey-based rankings, the analysis is built on real-life corporate transactions, offering a reliable benchmark for businesses.

Luxembourg’s business-friendly legal framework and advanced digital solutions, including e-filing, e-signatures, and automated reporting, significantly reduce administrative burdens. The Luxembourg Financial Sector Supervisory Commission (CSSF) plays a pivotal role in ensuring streamlined compliance processes.

Multinationals benefit from harmonized EU regulations, strong cross-border cooperation, and flexible corporate structures. The country’s stable economic and legal environment further enhances its appeal as a premier European business hub.

For companies expanding in Luxembourg, partnering with an experienced audit and advisory firm is crucial. ECOVIS IFG Audit SA provides expert guidance on compliance, financial reporting, and corporate governance, ensuring efficient entity management.

For further information please contact:

Arnaud Yamalian, Managing Director, Approved Statutory Auditor, ECOVIS IFG Audit SA, Luxembourg
Email: arnaud.yamalian@ecovis-audit.lu

Full report: Mercator Entity Management Report 2024