Preservation & Termination of a business

The job protection plan is intended as a means for businesses to avoid having to resort to redundancy plans. It is advisable to engage in discussions on the implementation of a job protection plan at an early stage, before the......

In order to protect jobs and thus prevent redundancies, Luxembourg labour law allows businesses to benefit from a temporary weather-related layoff (chômage dû aux intempéries) subsidy under certain conditions. Businesses carrying out their activity on building sites may submit an...

Any trader who ceases payments and whose credit is weakened is bankrupt. The bankruptcy procedure is initiated either: because of the debtor's acknowledgement, to which he is legally obliged; by court summons by one or more creditors; or automaticallyCreditorsFilingCreditorTo...

In order to continue to support companies and their employees impacted by the COVID-19 crisis, special arrangements for short-time working remain in force until 31 December 2020. These arrangements, which apply to all businesses during this period of......

The short-time working scheme in the event of force majeure related to the coronavirus was put in place for the period from 18 March 2020 (beginning of the health crisis) to 30 June 2020. For applications regarding short-time......

The liquidation of a company leads to the disappearance of the company and its legal personality. A liquidation may be: voluntary (by decision of the partners/shareholders); compulsory (decreed by a court decision). There are 3 possible situations in whichCompulsoryLiquidationIn...