The long-awaited implementation of EU Directive 2019/2121 regarding cross-border conversions, mergers and demergers into Luxembourg law has finally taken place. The law of 17 February 2025, amending both the law of 10 August 1915 on commercial companies and the law of 19 December 2002 on the Trade and Companies Register, the accounting and annual accounts […]

On 23 September 2023, the law of 21 April 1928 on non-profit associations and foundations was repealed and replaced by the brand-new law of 7 August 2023. 1. Legal innovations This new law notably includes certain changes for Luxembourg non-profit associations (ASBLs), the major ones being the following: It is no longer necessary to annually […]

La loi du 21 avril 1928 sur les associations et les fondations sans but lucratif est maintenant abrogée, remplacée par la toute nouvelle loi du 7 août 2023 sur les associations sans but lucratif et les fondations. Les modifications de cette nouvelle loi sont entrées en vigueur le 23 septembre 2023. 1. Nouveautés Cette dernière […]

A new law dated 14 July 2023 establishing a national screening mechanism for foreign direct investments that may undermine security or public order for the purpose of implementing Regulation (EU) 2019/452 of the European Parliament and of the Council of 19 March 2019 establishing a framework for screening foreign direct investments in the Union, as […]

A new law of 7 July 2023 amending notably the law of 10 August 1915 concerning commercial companies, with a view to transposing Directive (EU) 2019/1151 of European Parliament and of the Council of 20 June 2019 regarding the use of digital tools and processes in company law, has been published on 18 July 2023 […]

On 1 February 2023, the law of 28 October 2022 creating the administrative dissolution procedure without liquidation, published on 4 November 2022 in the Official Journal, came into effect. Official statistics do not yet reflect an immediate application of the new law during the first month in which it took effect, which is to be […]

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 […]