Newsflashes

The law of 23 July 2024 on the reform of residential leases has been published on the Luxembourg Official Gazette. The main purpose of the reform is to remedy the difficult situation on the rental market in the Grand Duchy of Luxembourg due to existing legal inaccuracies and abuses, particularly

On 15 July 2024, the Luxembourg indirect tax authorities issued Circular n° 821 notifying the issuance of new online forms via MyGuichet.lu for the quarterly subscription tax returns of undertakings for collective investments (“ UCI”), specialized investment funds (“ SIF”), and reserved alternative

On 17 July 2024, draft law No. 8414 has been submitted to the Luxembourg Parliament ( Chambre des Députés) (the “ Draft Law”) introducing new tax measures and enhancing certain existing tax regimes. The Draft Law focuses on competitiveness and attractiveness for Luxembourg companies, investors and

Summary Draft Law n° 8370 (the “Draft Law”) was introduced on 29 March 2024 before the Luxembourg Parliament to transpose the Corporate Sustainability Reporting Directive (CSRD) and the Commission Delegated Directive (EU) 2023/2775 into national legislation. This new framework will replace the

Background As reported in our previous newsletter article , a draft law to modernise the Luxembourg accounting legislation (the “ Draft Law”) was submitted to the Luxembourg Parliament ( Chambre des Députés ) in July 2023. This Draft Law No. 8286 intends to clarify and consolidate general accounting

On 5 July 2024, the Directive 2024/2859 on Corporate Sustainability Due Diligence (CSDDD) (the "Directive") was published in the Official Journal of the European Union. This new law requires companies to ensure their activities are sustainable and respect human rights across their entire value chain