Accounting & Legal obligations
In view of the current exceptional situation related to Covid-19, the government has taken measures to maintain good governance of companies and other legal entities.
These measures are to be applied with immediate effect. They provide for a mechanism that allows the governing bodies of any company or legal entity to hold their meetings, in particular meetings of shareholders and boards of directors, without requiring the physical presence of their members.
This mechanism guarantees the effective participation of these members and the exercise of their rights through the use of:
These measures also concern public institutions, public interest groups and not-for-profit associations (ASBL).
Furthermore, regarding the holding of annual general meetings, companies, ASBLs, public establishments and other legal persons may, despite any provision to the contrary in the articles of association, convene them on a date that falls within a period:
In October 2020, the Institute for Intellectual Property Luxembourg G.I.E. and the Office for Intellectual Property are organising a series of webinars entitled "Intellectual Property Afterworks 2020".
Applications for reimbursement or compensation for hours of political leave taken in 2019 must be submitted by 30 September 2020 at the latest.
Applications for the specific aid for in-store retail businesses for the month of August 2020 must be submitted by 30 September 2020 at the latest.