This page was last updated on 23 June 2020.
Luxembourg's economic policy encourages information technology. There are a number of internet service providers in Luxembourg. According to a 2018 survey, 93% of households had access to the internet, 15% of people used the internet to buy or sell goods and services and 62% had made at least one purchase in the last three months.
In 2018, e-commerce was worth €797 million, of which the most substantial proportion was dedicated to tickets for live events, books and magazines and household items.
VAT is charged at 15% (the lowest rate permitted in the EU) and the current rules have led to dozens of major e-commerce firms such as e-Bay, Skype and i-Tunes setting up in the jurisdiction.