Luxembourg: Directors and Officers

Luxembourg has introduced a significant reform allowing founders to defer the EUR 12,000 minimum share capital payment for private limited liability companies (SARL) for up to 12 months after incorporation. This change eliminates the need for upfront bank account opening and capital contribution, enabling faster company formation and immediate business operations while maintaining shareholder liability for unpaid capital.

Luxembourg has implemented new gender balance requirements for listed company boards, mandating that at least 33% of all director positions be held by the under-represented sex by June 30, 2026.

The EU Directive 2019/1151, which modifies Directive 2017/1132 regarding the use of digital tools and processes in company law...

Starting on 12 November 2024, the Luxembourg Business Registers (LBR) will introduce new filing requirements for natural persons associated with entities registered in the Luxembourg Trade and Companies Register (RCS).

The European Court of Justice, rendered on 21 December 2023, a decision regarding the classification of directors' activities within the framework of Luxembourg VAT law.

A large number of international corporate groups conducting their activities all over the world have holding or finance companies in Luxembourg.

On 29 July 2022, the Commissariat aux Assurances published a new circular letter setting out regulatory requirements for the composition and functioning of the board of directors of insurance...

Il y a 30 ans, par une loi du 21 juillet 1992, le droit pénal luxembourgeois a été enrichi d'une nouvelle infraction visant les dirigeants de sociétés, à savoir l'abus de biens sociaux (ABS).

30 years ago, with the law of 21 July 1992, Luxembourg criminal law was enhanced with a new offence targeting company directors: misuse of corporate assets (abus de biens sociaux).