The purpose of the BCC Tax and Legal newsletters is to provide additional regular bimonthly updates on key tax and legal developments in Luxembourg that may be relevant to your business. The present newsletters issued by member firms of the Tax and Legal groups cover the period from January to February 2025. If you deem that another person within your organisation should receive this email, please let us know. If you wish to unsubscribe please contact the BCC Secretariat by email to info@bcc.lu.
Global law firm Ashurst announces that Karen Davies has been re-elected as Global Chair of the firm for a second term, effective 1 August 2025. Paul Jenkins, Global CEO commented: “On behalf of the partnership, I am delighted to congratulate Karen on her re-appointment as Global Chair.
On 10 September 2024, the UK Government announced that all visitors to the UK, except British and Irish nationals, will need travel authorisation (ETA) to travel to the UK. From 27 November 2024, non-EU passport holders can apply for an ETA to travel to the UK from 08 January 2025. ETAs will then extend to EU passport holders from 05 March 2025, to travel to the UK from 02 April 2025. This digital visa, similar to the American Esta, will cost £10 (around €12). The ETA will be valid for several trips over a two-year period and will allow people to stay for up to six months on each visit.
BSP advised Banque Internationale à Luxembourg (BIL) and Banque et Caisse d'Epargne de l'Etat, Luxembourg (BCEE) on a financing provided to partially finance the acquisition of Lemanik Asset Management by affiliates of BlackFin Capital Partners. The acquisition was mainly financed through equity provided by BlackFin Capital Partners with part of the purchase price being financed through a Luxembourg law financing.
On March 10, the British Chamber of Commerce for Luxembourg marked International Women’s Day by hosting an inspiring conversation with Luxembourg’s most decorated cyclist, Christine Majerus. The event, aligned with the BCC’s tradition of celebrating outstanding women in Luxembourg, shed light on the challenges and triumphs of women in professional cycling and beyond.
Luxembourg, 10 March 2025 – Festival Events Asbl today announced the launch of the 16th British & Irish Film Festival Luxembourg 2025 Spring Edition: most screenings will be held at Ciné Utopia, with the Shorts Evening at the Cinémathèque. While the core festival dates are from 22 – 29 March, we are having two other screenings before these dates. The film festival provides a unique opportunity for viewers to experience a wide selection of new films from Britain and Ireland.
The British Chamber of Commerce for Luxembourg (BCC) held a “Fireside Chat” with Philip Hammond, former UK Chancellor of the Exchequer, Foreign Secretary and Defence Secretary, at Linklaters in Luxembourg-Kirchberg on Tuesday 25 February 2025. The sold-out event saw Philip Hammond discuss geopolitical changes, defence and economic policy with journalist Duncan Roberts.
Environmental, Social, and Governance (ESG) regulations are reshaping corporate responsibilities across Europe, with Luxembourg playing a key role in sustainability initiatives. Post-Brexit, the UK and EU have developed distinct ESG frameworks, requiring businesses operating in both regions to navigate differing compliance requirements. This paper compares the UK and EU regulatory landscapes, focusing on key directives such as CSRD, SFDR, and the EU Taxonomy, and their potential implications for UK businesses with operations in Luxembourg. It also highlights Luxembourg’s proactive approach to ESG compliance, including regulatory oversight, financial incentives, and sustainability programmes. With the anticipated EU Omnibus Regulation set to streamline ESG rules, businesses must remain agile to ensure compliance and competitiveness.
The 15th edition of the Luxembourg City Film Festival will take place from 06 - 16 March, 2025, showcasing a diverse selection of international and local films. As Luxembourg’s leading cinema event, it features screenings, industry events, and special collaborations, celebrating global storytelling. Beyond the diverse general programme we are delighted to highlight several films that promise to captivate BCC members.
Event - Unique in Luxembourg ! Ceci Est Mon Coeur is an immersive experience exploring an extraordinary love story, that of a child's reconciliation with his body. It's an immersive tale in which the audience, wrapped in a connected garment and embellished with luminous embroidery, is swept up in a poetic experience that is both aural and visual. Where : Cercle Cité - Ratskeller When : Everyday until April 6th. Free entrance. Please read more to reserve your place
On Tuesday 11 February 2025, the British Chamber of Commerce for Luxembourg (BCC), in partnership with Deloitte Luxembourg, hosted an event at the firm’s premises in Luxembourg-Gasperich. Entitled "2025 UK & LUX Hot Tax Topics”, the event saw three guest speakers from Deloitte provide information regarding key UK tax changes announced by the new UK Labour Government and provided updates regarding recent Luxembourg tax changes, as well as information on anticipated developments due in the years ahead.
The British Chamber of Commerce for Luxembourg‘s new global campaign, “𝗪𝗵𝗲𝗿𝗲 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗕𝗲𝗹𝗼𝗻𝗴𝘀” is a campaign that aims to provide a powerful platform for businesses to come together, drive growth, and make a real difference in the market. As part of this campaign, we will spotlight our members who have also answered three short questions for us! We asked Greg McKenzie, Country Head of Luxembourg, Belasko.
