The Grand-Ducal Regulation of 15 February 2019 on the procedures for registration, payment of administrative fees and access to information in the Beneficial Owner Register was published in the Official Journal of the Grand Duchy of Luxembourg (Mémorial A n°73) on 19 February 2019.
The regulation was adopted in accordance with the Law of 13 January 2019 establishing a Beneficial Owner Register (Registre des bénéficiaires effectifs or “RBE“) and provides in particular for the payment of administrative fees and a pricing schedule for applications for registration, amendment, extracts and certificates.
The law and the Grand-Ducal Regulation will come into effect on 1 March 2019 and registered entities will have six (6) months, until 1 September 2019, within which to comply with them.
DSM is available to provide assistance to companies and entities with regard to their registering with the RBE. Contact us at +352 262 562-1, or send us an email at email@example.com.
More information will follow on our website.