On 3 September 2015, bill n° 6864 on commercial lease agreements modifying some dispositions of the Civil Code (the “Bill”), drafted under the initiative of the Minister of Economy Mr Etienne Schneider, was filed with the Chamber of Deputies. The Government claims the Bill will increase the protection of the lessee while, as far as […]

2015 ended on a positive note in terms of unemployment: the number of employment seekers declined by 3.5% over a one-year horizon, fixing the Luxembourg unemployment rate at 6.7%, whereas the European unemployment rate is 10.5%. It also gave rise to major reforms in the employment and pensions fields, most of them entering into force […]

During the last Holiday Season, the Luxembourg tax Administration (”Administration des Contributions Directes”) took the opportunity to issue a new Circular n°104/2bis of 28 December 2015 relating to the taxation of stock option plans. This new Circular supplements Circular n°104/2 of 20 December 2012 which determines the taxation of stock options plans allocated to employees […]

2015 was a year full of development in the IP, IT and Media fields. The beginning of this New Year gives us the opportunity to look back at the key legal developments of 2015 in these areas in order to be well prepared for the major projects that await us in 2016.