The Luxembourg Business Registers (“LBR”) has recently introduced new changes to the administrative requirements to be introduced at the Trade and Companies Register (“RCS”) and which will apply as from 12 November 2024.
The Luxembourg Parliament adopted on 18 October 2022 the bill of law number 6539B (the Law) introducing the administrative dissolution without liquidation procedure (the Administrative Dissolution Procedure). The purpose of the Law is to implement a collaboration between the Public Prosecutor and the Luxembourg Trade and Companies Register (the RCS) in order to dissolve dormant and empty shell companies in a more time- and cost-efficient way by avoiding the formal judicial liquidation procedure.
According to a public notice released on 1st October 2021 by the Luxembourg Trade and Companies Register (“RCS”), every individual already registered or to be registered with the RCS shall have to register a Luxembourg national identification number (the “LNIDN”) on the dedicated RCS portal.
Law of 22 May 2020 extended the deadlines for having the financial statements approved by the shareholders and for the filing of those annual accounts, consolidated accounts as well as the related reports.
New Luxembourg set of rules aiming to facilitate the digital holding of meetings of shareholders and management bodies of Luxembourg companies and partnerships.