This statistic shows the total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020. As of 2020, insolvencies in Luxembourg reached a total of approximately 1.2 thousand. In Luxembourg, both foreign individuals and companies are allowed to set up trade in the country. Industrial, commercial, craft businesses, accountants, architects and financial consultants are required to apply for a business permit (in French: autorisation d'établissement). The persons must prove their professional qualifications and management skills before the permit will be granted.
Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020
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OECD. (March 29, 2022). Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/
OECD. "Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020." Chart. March 29, 2022. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/
OECD. (2022). Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/
OECD. "Total Number of Bankruptcies of Small and Medium Enterprises (Smes) in Luxembourg from 2007 to 2020." Statista, Statista Inc., 29 Mar 2022, https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/
OECD, Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020 Statista, https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/ (last visited October 31, 2024)
Total number of bankruptcies of small and medium enterprises (SMEs) in Luxembourg from 2007 to 2020 [Graph], OECD, March 29, 2022. [Online]. Available: https://www.statista.com/statistics/818422/bankruptcies-of-smes-in-luxembourg/