“Fine-tuning” the law on commercial companies

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Clarifications and corrections to law of 10 August 1915 on commercial companies adopted by Luxembourg Parliament

In short

On 19 July 2023, the Luxembourg Parliament adopted a law (Law) that aims to correct certain clerical errors and inconsistencies following 2016’s significant reform modernising the law of 10 August 1915 on commercial companies (Company Law).

The Law also updates several legal references that have become outdated and corrects a number of clerical errors in the Civil Code, the law of 19 December 2002 on the Trade and Companies Register and the accounting as well as annual accounts of companies, and the law of 24 May 2011 on the exercise of certain shareholder rights at general meetings of listed companies.

Main amendments to Company Law

The main amendments to the Company Law include:

What’s next?

The Law still needs to be published in the Luxembourg Official Journal before entering into force.

How can we help?

Our Corporate Law, Mergers & Acquisitions team can assist you with all legal matters arising in connection with the Law and its practical impacts. Meet our experts here_

Download the press release

Luxembourg Newsflash – “Fine-tuning” the law on commercial companies

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