Luxembourg:
Introduction Of A New Procedure For Administrative Dissolution Without Liquidation Under Luxembourg Law
11 January 2023
Luther S.A.
To print this article, all you need is to be registered or login on Mondaq.com.
On 28 October 2022, a new law was adopted in Luxembourg
creating an administrative procedure to dissolve companies without
liquidation. The aim of this procedure is to eliminate empty shell
companies swiftly and at reduced costs (in comparison to the
existing procedures). The law will enter into force on 1 February
2023.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
POPULAR ARTICLES ON: Corporate/Commercial Law from Luxembourg
Isle Of Man Private Foundations Overview
Dixcart Group Limited
The Private Foundation represents a unique incorporated vehicle that is becoming increasingly popular for estate planning, asset protection, and a wide and varied array of activities.
