LUXEMBOURG CHAMBER OF COMMERCE
ORGANISATIONS & INSTITUTIONS
Information
The main mission of the Luxembourg Chamber of Commerce is the protection of the interests of businesses and the Luxembourg economy. Today, it has 90,000 member companies, corresponding to 75% of total salaried employment and 80% of Luxembourg’s GDP, making it the largest professional chamber representing the country’s employers. Since membership of professional chambers is mandatory in Luxembourg, the Chamber of Commerce is highly representative. It represents all Luxembourg businesses except those in the craft and agriculture sectors. From this position, the Chamber of Commerce draws its legitimacy to operate as a spokesperson and legal representative for the collective interests of its members through its actions and initiatives.
The Chamber of Commerce and Luxinnovation, Luxembourg's innovation agency, work closely together with the Ministry of the Economy to stimulate innovation, internationalisation of Luxembourg businesses, and to attract foreign direct investment. More specifically, the Chamber of Commerce offers advice and support to Luxembourg businesses in their initial steps or further expansion into foreign markets through its International Affairs team. This support is implemented by an international network now working both digitally and in the field to organise activities such as economic missions, guided visits, collective stands at trade fairs abroad, information sessions on international trade, or hosting foreign delegations in Luxembourg.
The Chamber of Commerce also works with the Office du Ducroire (ODL) to support Luxembourg businesses with export procedures by offering partial reimbursement of the costs associated with promotion, training, and participation in trade fairs, as well as insurance options for risks related to international transactions and investments abroad.