Loyens & Loeff

Luxembourg: a jurisdiction of choice for the maritime industry

Although Luxembourg is a land locked country, it has provided since the early nineties for an attractive legal framework for the maritime industry and its seafarers. As a result of this framework, its developed financial industry and attractive business climate, Luxembourg has always been on the shortlist as a jurisdiction of choice for the maritime industry. Also, the proximity to the harbours of Antwerp, Zeebrugge and Rotterdam plays an important role in Luxembourg attractiveness. Many important ship-owners, classification companies and maritime suppliers are located in Luxembourg.

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