Latest Newsletters & Newsflashes
Apr 08, 2025Tax measures in favour of the real estate sector | Six month extension
The law of 22 May 2024 provided for several short term tax measures (applicable for fiscal year 2024) in favour of the Luxembourg real estate market as well as long term tax measures applicable as from 2025 (see our previous newsflash ). To support the ongoing recovery of the real estate sector, the
Jan 09, 2025Consumer Credit | CSSF guidelines
Continuation of the temporary LTV adjustment for buy-to-let consumer residential real estate loans CSSF Regulation No. 24-10 of 30 December 2024 extends a temporary adjustment to CSSF Regulation N° 20-08 which regulates maximum LTV ratios applicable to residential real estate loans for immovable
Oct 15, 2024Real Estate I Initial period of validity of building permits extended
On 10 October 2024, the draft law n° 8369 (the “ Draft Amendment Law”) amending the amended Law of 19 July 2004 on municipal planning and urban development (the “ Municipal Planning and Urban Development Law”), which aims to extend the initial period of validity of building permits from one year to
Jul 26, 2024Newsflash | Reform of Residential Leases
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
Feb 08, 2021COVID-19 | Luxembourg Law Updates
This section is intended as a general discussion on the latest topics concerning Covid-19 and the Luxembourg Law. If you would like to know more about the topics covered in this newsletter or our services please contact us. AML Annual AML Survey - Deadline Extended BANKING & FINANCE State Guarantee
Feb 02, 2021Newsflash | In Luxembourg, first court decisions on COVID-19: rents for commercial leases are suspended during periods of forced closure
Commercial leases are among the contracts that are the subject of numerous disputes because of the economic situation generated by COVID-19. At the beginning of the health crisis, a draft law was considered, to temporarily suspend the obligation to pay rents related to commercial leases. However
Feb 02, 2021Newsflash | Premières prises de position des tribunaux luxembourgeois au sujet du COVID-19 : les loyers des baux commerciaux ne sont pas dûs pendant la fermeture obligatoire des lieux loués
Parmi les contrats qui font l’objet de nombreuses controverses à cause de la situation notamment économique générée par le COVID-19, il y a les baux commerciaux. Au début de la crise sanitaire, une proposition de loi avait été déposée afin de suspendre l’obligation de paiement des loyers relatifs
Apr 22, 2020COVID-19 | Commercial and Residential Lease Arrangements
On 18 March 2020, the Luxembourg government adopted a Grand-Ducal Regulation declaring a state of emergency, allowing it to take urgent measures to deal with the crisis linked to Covid-19. By a law voted on 24 March 2020, the state of emergency was extended for a maximum period of three months. With
Apr 22, 2020COVID-19 | Les Dispositions Prises en Matière de Bail Commercial et de Bail d’Habitation
Le 18 mars 2020, le gouvernement luxembourgeois a adopté un règlement grand-ducal déclarant l'état d'urgence, lui permettant de prendre des mesures urgentes pour faire face à la crise liée au Covid-19. Par une loi votée le 24 mars 2020, l'état d'urgence a été prolongé pour une durée maximale de
Apr 22, 2020Lutte Contre la Propagation du Covid-19 | Dispositions Applicables au Domaine de la Construction : Quelles Consequences sur les Contrats en Cours ?
Dans le cadre de la lutte contre la propagation du Covid-19, deux règlements grand-ducaux sont venus interférer sur la vie des chantiers et donc sur les relations contractuelles entre maîtres d’ouvrage et entreprises de construction. Ainsi, en date du 18 mars 2020 un premier règlement grand-ducal a
Jan 18, 2018LEGAL ALERT| Adoption de la loi portant sur le bail commercial et modifiant certaines dispositions du Code civil
En date du 17 janvier 2018, la Chambre des députés a voté la loi portant sur le bail commercial et modifiant le Code civil, dont le projet avait été déposé en date du 3 septembre 2015 par Monsieur le Ministre de l’Economie. Jusqu’à présent, au Grand-Duché de Luxembourg le bail commercial était