Governance. SPVs meetings might be hold without physical presence. Minor rules has been introduced in order to maintain the good corporate governance of Luxembourg companies The Luxembourg Business Register is closed to the public but fully operative with online services (electronic filings, extracts, deeds, declarations, etc.).
Funds. The CSSF has published a series of communications in order to cope with the exceptional situation. Please refer to www.cssf.lu.
Tax. The Luxembourg government has decided extensive tax deferral measures and ordered VAT refunds for businesses and self-employed persons, in order to counteract the economic impacts from the Covid-19 crisis. A specific rule has been posted about teleworking for Belgian and French cross-border commuters.
Courts proceedings. On March 26th the Grand Ducal Regulation has been promulgated and entered into force suspending all deadlines set for judicial, administrative, military and constitutional courts.
Our Luxembourg Desk is ready to help directly from one of our offices with a full capacity to involve our specific correspondents in the Grand Duchy.
