The purpose of the BCC Tax and Legal Newsletters is to provide additional regular bimonthly updates of 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 September to October 2024. 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.
Thursday, 14 November 2024: Regenerative economics and the doughnut design for business were the topics of discussion at an event hosted on Tuesday night by St George’s International School and the British Chamber of Commerce for Luxembourg. Guest speaker Jennifer Brandsberg-Engelmann, a teacher of economics, business management and environmental systems and societies for more than 25 years, discussed the role of business in regenerative economic transformation in her keynote address “Regenerative Economics: Can we get inside the doughnut?” Read More
ATOZ Services, a Luxembourg-based service provider to alternative funds, is pleased to announce the acquisition of Seles Limited, a UK based accountancy firm specialising in real assets. This strategic acquisition is set to enhance ATOZ Services' capabilities and broaden its service offering for clients in the real estate sector both in Luxembourg and internationally.
The traditional "Supporting Young Lives" toy drive organized by the law firm Pinsent Masons Luxembourg is back this year from November 14 to 29, 2024. In partnership with numerous companies and supporting several associations, this initiative aims to bring some joy to young people in need in Luxembourg and the Greater Region. It's the perfect time to donate and brighten the lives of these children.
Wednesday night's British Chamber of Commerce Leadership Forum on Psychological Safety in the workplace opened with a sobering tone. His Majesty’s Ambassador, Fleur Thomas, shared her career journey that brought to life the real-world consequences of not looking after every aspect of people's safety in the workplace. But the weight of the opening encounter quickly lifted as she shared her inspirational tale of escaping a toxic environment and finding support amongst the cabin crew of British Airways. From there her career to took off.
As of 12 November 2024, new registration formalities will apply to persons and entities registered with the Luxembourg Trade and Companies Register (RCS). Generally, the new registration formalities concern all persons and entities registered with the RCS. Exemptions apply, e.g. to authorized representatives of a foreign law governed entity which has established a branch in Luxembourg.
This year marks two decades of commitment to serving its clients, guided by its fundamental values: excellence, international, closeness, reactivity, and availability. Founded in 2004, DSM Avocats à la Cour is an independent full-service business law firm. From the outset, DSM has been driven by the desire to take on and rise to challenges with its clients, while cultivating a dynamic and motivating work environment, in line with its values, aspirations, and a constantly evolving societal environment.
The British Chamber of Commerce for Luxembourg’s Sustainability Group held an event “Sustainability Enablers in Luxembourg” on the evening of 25 September 2024, kindly hosted by Elvinger Hoss Prussen (EHP) at their premises. The aim of the event was to facilitate connections between sustainability enablers in Luxembourg and companies seeking support and inspiration for their sustainability journeys.
On 1 October 2024, Baker McKenzie Luxembourg held its first DepoBank Day event bringing together over 120 market stakeholders, including the regulator, heads of depositary services, bank and custody experts to engage in meaningful discussions about custody and fund depositary laws and the essential duties and liabilities of depository banks.
Luxembourg and London compete but also cooperate, the Lord Mayor of London says about the relationship between the two financial centres, and while regulation might diverge to some extent, better relations with the EU and joint leadership on climate finance should mean honest brokerage. The Lord Mayor, Michael Mainelli, gave a keynote address at a British Chamber of Commerce event dedicated to both financial centres on Tuesday, joining via video stream. Ahead of the speech, he spoke with the Luxembourg Times about the UK and Luxembourg financial centre, opportunities for collaboration, the new EU-UK summit and how London is faring five years after Brexit.
Special Offer for New Members! Any new member joining the British Chamber now will have the remainder of 2024 free and will only be invoiced for 2025 Annual Membership. See here or for further information please call +352 465 466 or email info@bcc.lu.
We are proud to announce that Baker McKenzie Luxembourg has been named the Luxembourg Transfer Pricing Firm of the Year (2024) at the ITR EMEA Tax Awards ceremony, held on September 18 in London. This recognition is more than just an award; it reflects the hard work, dedication, and passion of our exceptional transfer pricing team. At Baker McKenzie Luxembourg, our transfer pricing practice stands out for its deep technical expertise and extensive industry knowledge. We pride ourselves on our ability to navigate the complexities of international transfer pricing, crafting innovative solutions tailored to our clients' unique challenges.
