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The Registration, Domains and VAT Authority (hereinafter "AED") has amended its guidance on anti-money laundering and counter-terrorist financing (hereinafter "AML/CFT") professional obligations for the real estate sector in March 2023. These changes relate to International Financial Sanctions...
Private equity funds and alternative investments are about to be opened up to eager retail investors thanks to the upcoming new and improved ELTIF regulations.The word that is on everyone’s lips at the moment is inflation. Its effects are widespread and pernicious: a higher cost of living, a...
Peu répandue au Luxembourg avant la crise du COVID-19, la possibilité de travailler à distance a été, dans beaucoup d’entreprises, un des moyens pour assurer la continuité des opérations – tout en permettant un taux d’occupation suffisamment faible dans les bureaux pour pouvoir assurer la...
As of 1 April 2022 the social minimum wage amounts to €263.78 per month at cost of living index 100, i.e. €2,313.38 per month at cost of living index 877,01.Please find below detailed information.English Version French Version German Version
Gender equality is crucial for sustainable development and is listed as one of the UN's 17 Sustainable Development Goals. Inequality threatens long-term global social and economic development, prevents poverty reduction and destroys women’s sense of fulfilment and self-worth. This, in turn, can...
Depuis août 2021, et dans le cadre de sa mission de contrôle du secteur de l’immobilier, l’AED (l’Administration de l’Enregistrement, des Domaine et de la TVA) publie mensuellement des newsletters informatives ayant pour but de rappeler, d’expliquer et de compléter certains aspects nécessaires à...
The Director of Taxes published on 20 January a circular PRE_IMM n°1 in which she reminds the rules on the real estate levy (“Précompte Immobilier”), even if in practice, the application of this real estate levy must be the exception.Download
Le 22 décembre 2021, la Commission Européenne a publié une proposition de directive qui a pour but qu’une entité résidente d’un pays membre de l’UE et qui répond à certains critères ne puisse plus bénéficier d’exemptions ou de réductions de retenues à la source sur base d’une directive européenne...
Although digitalisation was already part of BDO Luxembourg's transformation agenda before the crisis, priorities shifted during the crisis, as Erwan Loquet, partner in charge of digitalisation, explains in an interview with Mathilde Obert (Paperjam Magazine January 2022).Please find below full...