Clifford Chance

Law Reforming RCS and RBE: Strengthening Power of the LBR

27 January 2025

The law of 23 January 2025 (the "Law") reforms the provisions applicable to the Luxembourg Trade and Companies Register ("RCS") and the Register of Beneficial Owners ("RBE") to enhance the quality and reliability of information recorded. The Law entrusts the Luxembourg Business Register ("LBR") as RCS and RBO administrator, with enhanced capabilities and sanctioning power to monitor registered individuals and entities and ensure compliance with their registration and filing obligations. The Law will enter into force on 1 February 2025.

Download PDF