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Luxembourg insolvency law reform: New procedures to safeguard businesses more effectively

On 1 November 2023, the new Luxembourg law of 7 August 2023 on the continuation of businesses and the modernisation of insolvency law (the “New Law”) entered into force. The New ...

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New Luxembourg business licence law encourages entrepreneurship

The law of 26 July 2023 amending the law of 2 September 2011 regulating access to the professions of craftsman, trader, industrialist, and certain liberal professions, as amended (the...

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A cleaned-up Luxembourg companies law after the summer break

On 19 July 2023, the Luxembourg Parliament adopted the draft bill n°8007 (the "New Law") which mainly aims at rectifying certain clerical errors and addressing certain...

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Luxembourg implements the European digitalisation directive

The Luxembourg law of 7 July 2023 (the “Digitalisation Law”), published on 18 July 2023 in the Luxembourg official gazette (Mémorial A), transposes Directive (EU)...

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Administrative dissolution without liquidation

On 18 October 2022, a new law introducing the administrative proceedings allowing for a simplified dissolution without liquidation of qualified Luxembourg companies upon request of the...

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