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Pursuant to the Luxembourg law of 13 January 2019 establishing a beneficial owner register (Deriving from EU Directive 2015/849, as amended by EU Directive 2018/843), the targeted entities (“entitées immatriculées”) falling within the scope of this new law must until 31 August 2019 fulfil their legal disclosure obligations regarding the relevant information on their beneficial […]
Deriving from EU Directive 2015/849, as amended by EU Directive 2018/843, Luxembourg has implemented a new law concerning the creation of a register of beneficial owners and a new disclosure obligation notably for most commercial companies. Any entity falling within the scope of this new law will have until 1 September 2019 to comply with […]
MOLITOR has contributed to the Globe Law and Business Global Guide to Shareholders’ Rights and Obligations. The role of a shareholder may depend on the type of company, but also on the type of shareholder, the type of shares, and the articles of incorporation and shareholders agreements.
IFLR1000 ranked MOLITOR in Financial Corporate and in Investment Funds, and Michel Molitor and Chan Park have been recognised as highly regarded lawyers. Read more
This newsletter supplements the previous ones on the Luxembourg act reforming company law dated 10 August 2016, as published in the Luxembourg Official Gazette on 19 August 2016 and which came into force on 23 August 2016 (the “Law”), with respect to the main changes impacting the regime of Luxembourg private limited liability companies (sociétés […]
As anticipated in our newsletter of July 2016, on 13 July 2016 the House of Representatives (Chambre des Députés) passed an important set of amendments to Luxembourg company law, by approving the long-awaited draft bill of law No. 5730. This bill was adopted on 18 July 2016 (as the requirement of a “double approval” by […]
On 13 July 2016 the House of Representatives (Chambre des Députés) passed an important set of amendments to Luxembourg company law, by approving the long-awaited draft bill of law No. 5730. This bill was adopted on 18 July 2016. The new law, yet to be published in the Luxembourg Official Gazette, impacts mainly the Luxembourg […]
On 24 March 2016, the Luxembourg Trade and Companies Register (Registre de Commerce et des Sociétés – “RCS”) issued Circular RCSL 16/01 concerning the main amendments to the legal and regulatory framework applicable to the Luxembourg Trade and Companies register (the “Circular”). The Law, the Grand-Ducal Regulation and the Ministerial Regulation came into force on […]
Quelles réelles perspectives pour les entrepreneurs et start-up au Luxembourg? Ces dernières années, plusieurs pays membres de l’Union européenne, tels que la France avec l’EIRL (Entrepreneur Individuel à Responsabilité Limitée), la Belgique avec la SPRL-Starter ou encore l’Allemagne avec la Mini-GmbH, ont pris des mesures visant à rendre la création d’entreprise plus flexible.
The Luxembourg Government finally decided to follow in the footsteps of its European neighbours and to simplify the formalities relating to company creation for SME entrepreneurs.