Intellectual Property

The Intellectual property is one of the most significant objects of the current global corporate tax structuring and represents a pillar for innovative companies’ strategy.

Archon is specialized in all the aspects (including legal and tax) entailing intellectual property. Such expertise is consistent with the Luxembourg strong encouragement to a favorable tax treatment of innovation related to business that ended up in the successful IP Box Regime enacted in 2008.

Such favorable treatment was already part of the European Union policy in the framework of their plan for innovation, growth and creation of job opportunities. Indeed, the first step was taken already back on June 2, 2003 by the release of the EU Directive 2003/49/CEE validating the elimination of any withholding tax upon any distributions of interest and royalties between two member states of the Union.

In 2005, Luxembourg confirmed its role of prompt implementer of the recommendations and guidelines of the European Council, by adopting a national plan to innovation connected with business and aiming at the full employment, strictly in line with the European strategy of growth. The EU strategy targeted the centralization of the know-hows/innovations in the Eurozone, aiming at a level of investment in intellectual property equal to 3% of the EU GDP.

The whole Luxembourg contribution to such process had is final and decisive step in the introduction of the IP Box Regime through the law dated December 21 2007, to enter into force as from January 1 2008.