Offshore Financial Centres (OFCs), as low-tax, lightly regulated jurisdictions, specialise in providing the corporate and commercial infrastructure for the formation of offshore companies and for the investment of offshore funds.
Luxembourg – The Facts
- Full name: Grand Duchy of Luxembourg
- Population: 467,000 (UN, 2007)
- Capital: Luxembourg
- Area: 2,586 sq km (999 sq miles)
- Major languages: French, German, Luxembourgish
- Major religion: Christianity
- Life expectancy: 76 years (men), 82 years (women) (UN)
- Monetary unit: 1 Euro = 100 cents
- Main exports: Steel products, chemicals, rubber products
- GNI per capita: US $65,630 (World Bank, 2006)
- Internet domain: .lu
- International dialling code: +352
- Head of state: Grand Duke Henri
- Prime minister: Jean-Claude Juncker
- The press
- Letzebuerger Journal
- Luxemburger Wort Tageblatt 352-English-language weekly
- Television
- RTL Tele Letzebuerg - RTL's domestic network Nordliicht TV - station for northern Luxembourg
- Radio
- RTL Radio Letzebuerg-RTL's domestic network
- Den Neien Radio - commercial network
- Radio ARA-variety of music, some English-language programmes
- EldoRadio-pop music
- Honnert,7 (100.7) - public, cultural
