Companies still permitted to hold meetings without physical attendance until 31 December 2020
The law of 23 September 2020 regarding measures governing how companies and other legal entities are permitted to hold meetings has been published in the Luxembourg official journal.
This law enables companies and other legal entities (such as ASBLs) to hold general meetings and other meetings of the company’s corporate bodies without the need for physical attendance, even where this is not provided for in the company’s articles of association. These measures were initially provided for by the Grand Ducal Regulation of 20 March 2020, and were extended by the law of 20 June 2020. This option is now available until 31 December 2020.
The law enters into force on 1 October 2020, and repeals the law of 20 June 2020.
