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ARTICLE · 27 DECEMBER 2024

Key Modifications To Luxembourg RBE And RCS Laws

Arendt & Medernach
Arendt & Medernach
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Arendt & Medernach

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On 19 December 2024, the Luxembourg Parliament adopted bill of law 7961 (Law), amending the law of 13 January 2019 establishing a register of beneficial owners (RBE Law)...

LuxembourgGovernment, Public Sector
Glenn Meyer
Glenn Meyer
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On 19 December 2024, the Luxembourg Parliament adopted bill of law 7961 (Law), amending the law of 13 January 2019 establishing a register of beneficial owners (RBE Law) and the law of 19 December 2002 on the trade and companies register and the accounting and annual accounts of companies (RCS Law).

Overview

The Law introduces several changes aimed at enhancing overall and timely compliance with the RCS and RBE Laws, and also clarifies the relevant access rights to the register of beneficial owners (RBE). It will enter into force on the first day of the month following its publication in the Luxembourg Official Journal.

Context and Timeline

The Law targets three key objectives regarding the RCS Law:

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