New Luxembourg Institute Of Intellectual Property (IPIL)

Since many years, Luxembourg has positioned itself as a welcoming place for innovative companies in an objective of diversification: more recently, in its program and in the State of the Nation Speech1, the Government emphasised ICT, environmental technologies or biotechnologies as key sectors for economic development.

Therefore, services and support offered in the field of intellectual property (hereafter "IP") also provide an incentive and a listening to companies that settle in Luxembourg, next to their IP portfolio, innovative and entrepreneurial activities.

Completed achievements....

The combination of a safe and proactive IP legal environment, financial incentives, strong infrastructures and telecommunication networks have already started to bear fruit as the following achievements-among others- can demonstrate:

Luxembourg hosts one of the most modern data center parks in Europe counting 20 data centers in operation2, beneficiating from the high quality infrastructures and connections; World-renowned ICT and media companies are based in Luxembourg, taking advantage of the attractive and evolving tax environment (circular L.I.R. n°50bis of 5th March 2009); In the Global innovation index 20143,Luxembourg ranks at the 9th world position (12th in the 2013 edition). During the period 2008-2013, aided projects in Research, Developments and Innovation (RDI) have tripled due notably to new regimes introduced by the amended Law of 5th June 2009 which have extended the possibilities for financial support to companies launching innovation activities; Luxembourg proposes an easy way to patent registration and validation: in 2012, 21.267 patents were in force4 against approximately 22.000 in 2014, while patents and trademarks applications and registrations' filings are booming. Important point: the Court of Appeal of the future new European Unified Patent Court ("UPC") will be based in Luxembourg; and Luxembourg positions itself as "Information Trust Center" with notably the introduction of the electronic signature called LuxTrust certificate in 2007 ensuring the protection of electronic transactions. In the forthcoming weeks, a law -unique in Europe- on electronic archiving will be voted, aiming at attracting multinational companies seeking to centralise their global archiving in one place (i.e. by placing them in a "cloud") in order to ensure better management, lower costs and increased safety. ....and future success stories to build up with the...