Legal news

We are thrilled to announce the release of the Tax Disputes Comparative Guide, featuring contributions from our Tax Partner, Dr. Alex PHAM. This comprehensive guide provides an essential overview of the key points of law and practice in tax disputes across multiple jurisdictions. Access the Luxembourg guide here: https://mondaq.com/guides/results/64/1125/all/luxembourg-luxembourg-tax-disputes-comparative-guide Mondaq Comparative Guides are designed to offer insights into regulatory environments and legal frameworks, facilitating comparisons among various countries. This valuable resource allows readers to understand the complexities and nuances of tax disputes in different jurisdictions, helping businesses and legal professionals navigate international tax challenges more effectively.

Overview of the Law of 26 July 2023, amending the Law of 2 September 2011 regulating access to the professions of craftsperson, merchant, manufacturer as well as certain liberal professions, as amended (the "Business Permit Law"). The 2023 law established and defined a new professional activity, that of "real estate business introducer" (apporteur d’affaires immobilier). The law defines this profession as "the commercial activity of putting a real estate agent or developer in touch with any other person wishing to sell or rent a property" (Article 2, point 1°bis of the Business Permit Law). Any enterprise (natural or legal person) ...

In the wake of the climate emergency, the European Union (the "EU") has set a bold objective for the real estate sector: to achieve carbon neutrality by 2050. This ambition reflects the dual reality of the sector: on the one hand, its significant impact on the environment, and on the other, the growing demand for eco-friendly buildings. For real estate actors, whether investors, developers, companies, design offices, intermediaries or consultants, it is essential to understand not only the direct impact of current and future environmental regulations, but also the sometimes less visible implications of ESG (Environmental, Social and Governance) regulations. ...

The revised version of the Luxembourg Constitution entered into force on 1 July 2023. Of the four sections it includes, that which resulted from Bill No. 7755 reformed Chapiter II., entitled "Rights and Freedoms", and more specifically, Section 3. thereof – "Civil Liberties". The new Art. 11 paragraph (1) henceforth provides that "Luxembourgers[1] are equal before the law" and that "the Law may provide a difference of treatment which stems from an objective disparity that is rationally justified, adequate and proportionate to its purpose." Also, the new Art. 37 stipulates that "Any limitation on the exercise of civil liberties must ...

On 28 June, Bill No. 6054 on non-profit organisations ("ASBLs") and foundations was voted into law. The law will enter into force in September and repeals the Law of 21 April 1928, as amended. The stated goal is to specify, adapt and simplify the existing provisions to lighten and modernize the legal framework as well as create more accounting transparency to guarantee better control. Several amendments are to be noted: First, the bill moves towards modernization of the governance rules. These are relaxed to take into account technical and technological developments. Convening notices to general meetings can henceforth be sent by ...