With its excellent connectivity to markets, Luxembourg has today emerged as an ideal hub for added value logistics activities. Luxembourg airport is the 5th largest air cargo hub in Europe and home base of Cargolux, Europe’s leading air freight carrier. With its modern cargo center, speedy ground handling and efficient processes, Luxembourg is the airfreight hub par excellence. Moreover, efficient railway connections to the ports of the North Sea make Luxembourg a hinterland port of Antwerp, Zeebrugge, Amsterdam, Rotterdam and Hamburg. In addition, train links to Southern Europe are facilitated by a public-private partnership which offers a road/railway piggy-back service between Luxembourg and the French/Spanish border, thus avoiding congested motorways.
Importing goods into the EU generally triggers import declaration, prefinancing of value added tax (VAT) and other duties in the European country of importation. Thanks to an easy access to Government and custom authorities, these procedures can be made straightforwardly in Luxembourg without any red tape. While most European countries ask for immediate payment of the import VAT, in Luxembourg such payment is shifted to the VAT return automatically and unconditionally. Therefore no cost is generated by the prefinancing of import VAT in Luxembourg.
In combination with these factors, an important number of qualified players (i.e. handling agents, forwarding agents and logistics technology providers) provide quality service allowing just-in-time access to all European countries. As a result, numerous international companies are shipping their products through Luxembourg to tap the European market.
NB: Please note that following list of logos may not be exhaustive.