Luxembourg: Corporate/Commercial Law

The Law of 5 May 2026 has been published in the Luxembourg Official Journal introducing amendments to the Luxembourg financial sector supervisory framework (Law).

Private credit funds are nowadays key providers of credit to businesses and have taken over the role of traditional banks.

The European Commission has published a draft of its revised Merger Guidelines, representing the most significant overhaul of EU merger control in over two decades.

Private credit funds are nowadays key providers of credit to businesses and have taken over the role of traditional banks.

Environmental clauses are transforming commercial leases into tools for environmental management, driven by ESG requirements and sustainable finance constraints. As green leases become increasingly standard in Luxembourg's real estate market, landlords and tenants must navigate new obligations around energy performance, reporting requirements, and cost-sharing arrangements. The legal drafting of these clauses requires precision to balance environmental goals with practical implementation and preserve asset

EU policymakers are entering a phase of recalibration, simplifying sustainability rules while sharpening the EU competitiveness and industrial agenda.

On 17 April 2013, the EU published Regulation (EU) No 345/2013 on European venture capital funds to facilitate the financing and marketing of VC funds within the EU, aiming to streamline the financing of the internal market.

Luxembourg has enhanced its existing limited partnership regime, adding the special limited partnership to its range of investment vehicles designed for the alternative investment industry...

On 19 December 2025, the CSSF published the Circular CSSF 25/901 (the "Circular"), which relates to the assets, investment limits, risk capital, techniques, borrowing, and transparency requirements in relation to SIFs, SICARs and Part II UCIs.

The Law of 5 May 2026 has been published in the Luxembourg Official Journal introducing amendments to the Luxembourg financial sector supervisory framework (Law).

Luxembourg is set to modernize its corporate law by allowing founders of private limited liability companies (SARLs) to defer payment of the minimum share capital for up to 12 months after incorporation. This reform eliminates the requirement for pre-incorporation bank accounts while maintaining robust anti-money laundering safeguards, potentially accelerating company formation and enhancing Luxembourg's competitiveness in fund and investment structuring.

Preferred instruments are having a moment. In today’s market, where capital structures are getting more creative and investor expectations more nuanced, we are seeing a clear uptick in hybrid...