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  • Article

    Confirmation Of Wage Indexation On 1 June 2026

    Luxembourg's National Institute of Statistics and Economic Studies has confirmed a 2.3% annual inflation rate for May 2026, triggering mandatory wage indexation under the country's Labour Code. This public order provision requires all employers to implement a 2.5% increase across salaries, wages, and pensions starting June 1, 2026, with significant financial penalties for non-compliance.
    LuxembourgEmployment and HR
    CMS Luxembourg
    CMS Luxembourg
  • Article

    WEBINAR REPLAY | Introduction To Liquidity Management For Investment Funds (Video)

    In this 30-min webinar, our CMS experts: Aurélien Hollard and Benjamin Bada unravel the complexities of liquidity management applicable to investment funds.
    LuxembourgFinance and Banking
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Directors' Fees Are No Longer Subject To VAT In Luxembourg

    On 21 December 2023, the Court of Justice of the European Union (" CJEU " or " Court ") issued a decision on the case C-288/22.
    LuxembourgTax
    CMS Luxembourg
    CMS Luxembourg
  • Article

    WEBINAR REPLAY | Free Shares: From Theory To Practice

    Welcome again to the Corporate Law Spotlight webinar series. Our specialised webinar series for legal professionals, focusing on critical, evolving...
    LuxembourgCorporate/Commercial Law
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Adoption Of MiCAR

    On 20 April 2023, the proposal for a regulation of the European Parliament and of the Council on markets in crypto-assets was adopted by the EU Parliament.
    European UnionTechnology
    CMS Luxembourg
    CMS Luxembourg
  • Article

    AML-CTF Package: Gear Up Now! (Video)

    The anti-money laundering and counter terrorist financing ("AML-CTF") package is composed of four legislative texts aiming at harmonising and strengthening AML-CTF rules in the European Union.
    LuxembourgGovernment, Public Sector
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Unconstitutionality Of The Minimum Net Wealth Tax Of EUR 4,815

    On November 10, 2023, the Luxembourg Constitutional Court ruled that the minimum net wealth tax (NWT) of EUR 4,815 as provided for by paragraph 8 (2) a) of the Luxembourg...
    European UnionTax
    CMS Luxembourg
    CMS Luxembourg
  • Article

    European Microfinance Week 2023: Impact Labels In Microfinance (Video)

    During European Microfinance Week, LuxFLAG brought together the European impact investment industry in Luxembourg for a panel discussion focused on impact labels...
    LuxembourgFinance and Banking
    CMS Luxembourg
    CMS Luxembourg
  • Article

    No VAT On Director's Fees: Luxembourg Case Law And Latest Administrative Guidance

    On 22 November 2024, the Luxembourg District Court (the "District Court") issued the long-awaited decision clarifying the VAT treatment of directors' fees following the judgement...
    LuxembourgTax
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Market Abuse Regulation (MAR): Ensuring Fair And Transparent Markets

    Market Abuse Regulation (MAR) represents a comprehensive framework established by the European Union to prevent inter alia market manipulation...
    LuxembourgStrategy
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Accepted Invoice Principle ("principe De La Facture Acceptée") – Application To Lawyers' Invoices - Recent Luxembourg Case Law

    In the case at hand, the claimant (a law firm established under the form of a limited liability company) and the defendant entered into an "Engagement Letter for Legal Assistance" relating to the provision of legal services.
    LuxembourgCorporate/Commercial Law
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Confirmation Of Wage Indexation On 1 May 2025

    According to the Luxembourg's Labour Code, wage indexation is a matter of public order provision.
    LuxembourgEmployment and HR
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Update On The AML-CTF Package: Formal Adoption By The European Parliament On 24 April 2024

    Following the political agreements which have been reached earlier this year, the European Parliament has now adopted the last remaining texts of the AML-CTF Package on 24 April 2024.
    European UnionGovernment, Public Sector
    CMS Luxembourg
    CMS Luxembourg
  • Article

    CSSF Publishes Q&A On The New Requirements For Credit Institutions On Lombard Credit

    On 29 March 2024, the CSSF released a question and answer regarding the provisions of Circular CSSF 22/824 (the "CSSF Q&A") for the application...
    LuxembourgCorporate/Commercial Law
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Zero Tolerance For Workplace Harassment - New Legal Safeguards In Effect

    Significant advances in workplace protection! As of 9 April 2023, a robust law against moral harassment is now in force.
    LuxembourgEmployment and HR
    CMS Luxembourg
    CMS Luxembourg
  • Article

    Pledges Over Business Assets

    The pledge over business assets is not a regular choice for lenders as it is not governed by the 2005 law on financial collateral arrangements.
    LuxembourgFinance and Banking
    CMS Luxembourg
    CMS Luxembourg
  • Article

    EU Proposals For A Regulation And A Directive On Anti-Money Laundering On The Path To Final Adoption

    On 18 January 2024, the Council of the European Union and the European Parliament reached a provisional agreement on a part of the new anti-money laundering and counter terrorism financing...
    LuxembourgGovernment, Public Sector
    CMS Luxembourg
    CMS Luxembourg
  • Article

    WEBINAR REPLAY | Dividend Distributions: Practical Legal Considerations (Video)

    In this 30-min webinar, our CMS experts, Gérard Maîtrejean, Adrien François and Guillaume Flagollet give an overview of the legal practical aspects of dividend distributions by Luxembourg companies.
    LuxembourgCorporate/Commercial Law
    CMS Luxembourg
    CMS Luxembourg
  • Article

    WEBINAR REPLAY | The Permanent Representative Of A Director And The Representative Of A Liquidator

    In this 30-min webinar, our CMS experts, Pawel Hermelinski, Cédric Dvoratchek and Kornelia Krajewska discussed of the concepts of permanent representative and liquidator's representative...
    LuxembourgCorporate/Commercial Law
    CMS Luxembourg
    CMS Luxembourg
  • Article

    New Tax Measures Announced By The Luxembourg Prime Minister

    On 11 June 2024, during his speech on the State of Nation, the Luxembourg Prime Minister Luc Frieden has announced a series of measures which include the following tax measures aiming to increase...
    LuxembourgTax
    CMS Luxembourg
    CMS Luxembourg

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