This awareness session (in German) sought to provide businesses with information on available public financing and tax relief measures that they could utilise for their digital transformation projects.
Since the beginning of 2024, Luxembourg companies investing in digital transformation had been able to benefit from tax relief of up to 18% of their investments and expenses under certain conditions. This was applied as a deduction in the amount of income tax payable for the tax year.
During the session, the Ministry of Economy together with Luxinnovation provided an overview of state aid programmes supporting companies engaging in digital transformation and innovation. Specific focus was placed on the application procedures and eligibility criteria.
The session allowed participants to learn how they could benefit from the new tax relief for digital transformation investments and how to access national funding for R&D and innovation activities.