As a business leader, you’re always looking for ways to grow your company. Entering new markets is a great way to do this, and the Benelux Union might be the perfect place for your company’s expansion. Comprised of Belgium, Luxembourg, and the Netherlands, the Benelux Union is an economic powerhouse with a GDP of over $650 billion.
Not only is the Benelux Union rich in resources, but it’s also home to some of the most innovative and forward-thinking companies in the world. By expanding your business to this region, you’ll be opening up a whole world of opportunities.
The first reason you should consider expanding your business to the Benelux area is that it boasts a burgeoning economy. In fact, according to recent data from the OECD, the Belgian economy is expected to grow by 2.5% in 2020, while the Dutch economy will grow by 2.4%. This makes now the perfect time to establish your business in this region.
In addition to a robust overall economy, specific Benelux Union sectors are thriving. For instance, Belgium is home to many cutting-edge biotech and pharmaceutical companies. On the other hand, the Netherlands is known for being a hub for agriculture and food processing companies. So whatever industry your business is in, there are sure to be opportunities for growth in the Benelux Union.
Another great reason to expand your business to the Benelux region is its supportive business environment. In both Belgium and Luxembourg, corporations are taxed at a lower rate than in many other countries around Europe. Furthermore, these two countries have been working hard to attract foreign investments in recent years. So if you’re looking for a place where your business will be welcomed with open arms, look no further than Belgium or Luxembourg.
The Netherlands is also an attractive business option thanks to its flexible labor laws and highly educated workforce. Plus, with English being one of the country’s official languages, doing business here will be a breeze for anyone whose native language is English.
Lastly, another big selling point of establishing your business in the Benelux Union is its excellent infrastructure. All three countries boast world-class transportation systems that make it easy to get around and deliver goods and services quickly and efficiently. The Netherlands even has its own seaport — the Port of Rotterdam — considered one of the busiest ports in Europe.
Now is the time to take action and expand your operations into this promising region. With a strong economy and supportive business environment, there’s little doubt that you’ll find success here — so what are you waiting for? Get started planning your expansion today!