The Legal 500

Loyens & Loeff

18-20, RUE EDWARD STEICHEN, 2540 LUXEMBOURG
Tel:
Work +352 46 62 30
Fax:
Fax +352 46 62 34
Web:
www.loyensloeff.lu
Email:

The firm

Loyens & Loeff is an independent full-service law firm which specialises in providing legal and tax advice to businesses, financial organisations and governments. The close cooperation between attorneys, tax lawyers and – in the Netherlands – civil law notaries places the firm in a unique position in its home market, the Benelux. Internationally, Loyens & Loeff is a well-respected adviser on tax law, corporate law, financial and capital markets, cross-border financing, private equity, real estate, the energy sector, European law, regulatory law, VAT, employment tax and employment law. The collaboration between the various specialists within a single firm works to the client’s advantage, as issues are tackled from different angles, creating synergies and increasing efficiency.

Worldwide, Loyens & Loeff has over 1500 employees, including some 900 legal and tax experts in six Benelux offices and 12 branches in the major international financial centres. When providing international advice, Loyens & Loeff also relies on its close relationships with leading law firms and tax advisers in Europe, the US, the Middle East, and the Far East. Loyens & Loeff thus offers top-level advice worldwide and is able to structure and supervise both domestic and international matters effectively.

Loyens & Loeff’s culture is characterised by a strong sense of independence, entrepreneurship, providing high-quality services and involvement. The principles of quality, transparency and short-line communication form the foundation for an informal and stimulating working environment, which encourages the search for pragmatic solutions to complex legal and tax issues. Loyens & Loeff pays particular attention to education and training and to creating an exciting and challenging working environment, and is thus able to attract young talent and to guarantee the quality of its services.

Areas of practice

The firm offers expertise in the fields of tax, corporate law, financial and capital markets, cross-border financing, private equity, real estate, energy, VAT, EU, regulatory issues and employment taxes and employment law.

Contacts
Pieter Stalman
Véronique Hoffeld

Other offices
Amsterdam
Arnhem
Aruba
Brussels
Curaçao,
Dubai
Eindhoven
Frankfurt
Geneva
Hong Kong
London
New York
Paris
Rotterdam
Singapore
Tokyo
Zurich

Number of lawyers 880

at this office 90

Above material supplied by Loyens & Loeff.

Legal Developments by:
Loyens & Loeff

  • New reporting obligations for Luxembourg securitisation vehicles

    Recognising the close links between the securitisation activities of financial vehicles corporations engaged in securitisation transactions (FVCs) and monetary financial institutions, the European Central Bank (ECB) has adopted on December 19, 2008 Regulation (EC) No 24/2009 concerning statistics on the assets and liabilities of FVCs (the ECB Regulation).
    - Loyens & Loeff

Legal Developments in Luxembourg

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • Towards a stronger enforcement of competition law in Luxembourg from 1 February 2012

    Seeking to improve the efficiency of its Competition authority, the Grand Duchy of Luxembourg adopted last 23 October 2011 a new competition law.
  • Luxembourg Alternative Investment Funds

    Asset Classes - Hedge; Real Estate; Private Equity; Venture; Mezzanine; Infrastructure
  • New Germany - Luxembourg double tax treaty signed

    On 23 April 2012, the Grand Duchy of Luxembourg and the Federal Republic of Germany signed a new double tax treaty (the "New Treaty") which will replace the double tax treaty currently in force dated 23 August 1958. The New Treaty basically follows the provisions of the OECD Model Tax Convention, but certain specific provisions have been added.
  • Tax Update April 2012

    Our April tax update highlights the latest important changes in Luxembourg tax law, including the enactment of the law relaxing the conditions to be met in order to benefit from the SPF tax status. Other topics include inter alia recent case law on the exemption of income deriving from the sale of preferential subscription rights and the first decisions of the Luxembourg administrative courts relating to the exchange of information upon request based on the law of 31 March 2010.
  • European Commission publishes AIFMD level 2 implementation proposals

    The European Commission’s proposals for level 2 implementation measures for the Alternative Investment Fund Managers Directive has been circulated to European Union member states and to the European Parliament. The Commission’s draft has prompted criticism from hedge fund managers quoted in media reports and from a hedge fund industry body, the Alternative Investment Management Association, that in certain areas its proposals differ significantly from those put forward by the European Securities and Markets Authority (Esma) in its advice delivered to the Commission on November 16.
  • Luxembourg’s amended SIF law comes into force

    Luxembourg’s legislation amending the February 2007 law on Specialised Investment Funds came into force on April 1, following publication in the country’s official gazette, the Mémorial, on March 30. It is now identified as the law of March 26, 2012, the date on which it received royal assent.
  • ESMA refines proposed framework to deal with complexity of ETFs and other Ucits

    The European Securities and Markets Authority has published on January 30 a consultation paper proposing future guidelines for exchange-traded funds established as Undertakings for Collective Investment in Transferable Securities and other issues related to the Ucits regime. The Esma proposals cover both physical ETFs, which replicate the performance of stock, bond, commodity, currency or other indices by holding shares or other securities in the proportions that make up the index in question, or a sample thereof, and synthetic ETFs, which use swap transactions to obtain the economic performance of the index, using a basket of securities as collateral.
  • Publication of the new law on SIFs

    The law of 26 March 2012 amending the law of 13 February 2007 relating to specialised investment funds (“SIFs”) was published today in the Mémorial A-063 and will enter into force on 1 April 2012. 
  • ACCOUNTING ASPECTS

    I. Law of 10 December 2010 relating to the introduction of the International Financial Reporting Standards (IFRS) II. Grand-Ducal Regulation of 14 December 2011 relating to the procedure for filing financial information electronically with the Luxembourg Trade and Companies Register
  • ESMA launches discussion paper on AIFMD technical standards

    The European Securities and Markets Authority has published on February 23 a discussion paper on key concepts of the Alternative Investment Fund Managers Directive and types of alternative fund manager to initiate a consultation process aimed at finalising its policy approach.