Latest Newsflashes
Apr 20, 2026EU Inc. | The 28th Regime: a new European corporate form for start-ups and scale-ups
The EU Inc. is here: a digital-first, pan-European company form under the proposed 28th Regime, designed to cut cross-border red tape for innovative firms. Following the closing of the public consultation conducted in 2025, on 18 March 2026 the European Commission (the Commission) presented its
Apr 20, 2026Newsflash | Luxembourg case law | Share premium reimbursement without capital reduction subject to withholding tax
In a judgment dated 25 March 2026, the Luxembourg Lower Administrative Court ( Tribunal administratif) ruled that distributions from a share premium reserve, undertaken in the absence of a formal share capital reduction, are prima facie subject to Luxembourg withholding tax (“ WHT”) and do not
Apr 20, 2026EU Inc. I Key provisions of the 28th Regime corporate form
No minimum capital, digital share registers, and a harmonised stock option regime: the EU Inc. rewrites the rulebook for European companies . The proposal for a Regulation establishing a 28th Regime corporate legal framework, providing for the creation of a new corporate form, the “EU Inc.” (the “
Apr 20, 20262025 OECD commentary I Cross-border remote work and permanent establishment
The 2025 update to the OECD Model Tax Convention , published in November 2025, is the first comprehensive revision since 2017. The update notably provides clarification to the Commentary of Article 5 on when a home office of a cross-border worker may constitute a permanent establishment. Why this
Apr 20, 2026LuxSE's Rules & Regulations I New pre-CSD admission pathway for EM3S securities and DLT definitional alignment
The Luxembourg Stock Exchange (" LuxSE") March 2026 update to its Rules & Regulations (the "R&R") introduces two key changes. First, securities listed on the Euro MTF Specialist Securities Segment (" EM3S") may now be admitted to listing before being recorded in a central securities depository ("
Apr 20, 2026Listing Act | ESMA prospectus implementation guidance
On 18 February 2026, ESMA published a public statement providing guidance to national competent authorities (" NCAs"), issuers and their advisers on the implementation of certain changes to the Prospectus Regulation (EU) 2017/1129 (the " Prospectus Regulation" or " PR"), as amended by Regulation (EU