Amendment to the Luxembourg Company Law


Amendment to the Luxembourg Company Law


On August 10, 2016 Luxembourg approved the law modernizing the Luxembourg company amended law of 10 August 10, 1915  relating to commercial companies as amended (the “Law”). The main purpose of such amendment is to modernize the Law in an international context. Efficiency, legal certainty and flexibility characterize the spirit of the amendments brought to the Law. The Law was published on August 19, 2016.


In addition, the law in relation to the introduction in the Law of the simplified private limited liability company société à responsabilité limitée simplifiée (the "S.à r.l-S") was also approved.


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