Luxembourg's new 20% business angel tax credit: what it means for startups like AutiHD

Luxembourg has introduced a new tax incentive that could significantly accelerate early-stage startup fundraising: a 20% tax credit on qualifying investments made by business angels in innovative startups. Ksenia Golubeva, co-founder of AutiHD, the startup developing the Mindory app, sat down with Michaël Duval from Baker Tilly Luxembourg to discuss what this new framework means in practice for founders and investors, and why it could help innovative companies access funding more easily.

For early-stage startups, the benefit goes beyond the fiscal savings. According to the discussion, the tax credit can reduce the perceived risk for investors, strengthen a startup's credibility during fundraising conversations, accelerate investor decision-making, and attract angel profiles who may not previously have engaged with the Luxembourg ecosystem.

The broader implication is structural: when public policy explicitly acknowledges early-stage risk and offsets it through incentives, private capital becomes more accessible. For health tech startups like AutiHD, which operate in sectors that require time to reach commercial scale, this kind of support can make a material difference in runway and growth trajectory.

The full interview between Ksenia and Michaël Duval was released on YouTube by Baker Tilly Luxembourg. It covers the mechanics of the credit and the practical implications for founders navigating their first funding rounds in the Luxembourg market.