The New SARL-S in Luxembourg: What Does It Mean ?

The simplified private limited liability company In order to promote entrepreneurship and stimulate growth, the Luxembourg Government has introduced the draft law dated 2 February 2015 for the purpose of creating a new type of private limited liability company (“Société à responsabilité limitée simplifiée” or “S.à r.l.-S”) that can be incorporated pursuant to a private […]

Luxembourg Commercial Companies – Hance Law

DEFINITION A Luxembourg Commercial Company is any company that performs a commercial, craft or industrial activity in the territory of Luxembourg. In order to be able to perform the stated activities such company has to obtain a business permit (autorisation d’établissement or autorisation de commerce).  OBJECTIVE, PURPOSE Luxembourg Commercial Company performs a commercial, craft or […]

New law on professional fees in the City of Buenos Aires

On November 27, 2014 Law No. 5,134, which regulates lawyers’ and solicitors’ fees who work in the City of Buenos Aires (hereafter the “Law”), was published in the Official Gazette. The Law, which was promoted by Jorge Rizzo and Daniel Lipovetsky from the City of Buenos Aires’s Bar Association (“CBABA”), was approved in a special […]

Javier CanosaPartner, Canosa Abogados

Argentine Regulation of Renewable Sources

With a collapsed energy market in Argentina and a change of the current administration in 2015, it is clear that Argentina will have to develop and invest in the energy sector, and especially in the renewable energies sector. The purpose of this note is to briefly develop some of the main traits of the renewable energy legislation in – and theprospects for – Argentina. National System for Wind […]

Javier CanosaPartner, Canosa Abogados

Taxation of SCS and SCSp

The Luxembourg Tax Authorities (hereafter “LTA”) have recently clarified the situation on taxation of income realised by Luxembourg partnerships, through the publication of Circular L.I.R. n°14/4 dated January 9th 2015, hereafter the “Circular”. The tax transparency for income tax purposes applicable to sociétés en commandite simple (hereafter “SCS”) and société en commandite spéciale (hereafter “SCSp”) is not applicable for […]

Evelyn MaherPartner, Bonn Steichen & Partners

Luxembourg Budget 2015 – we mean business now, finally, at last

On October 15th, 2014 the Minister for Finance announced the Luxembourg Budget 2015. The announcement followed the presentation made the day before by the Prime Minister Xavier Bettel who presented a policy statement entitled “Package for the Future” which provides some overall public finances policy statements for the period 2015 – 2018. For international business […]

Evelyn MaherPartner, Bonn Steichen & Partners

David Harley and Christophe Gammal of Halsey Group, Luxembourg is visiting Hong Kong from 19th November to 29th November – HALSEY GROUP S.àr.l.

David Harley and Christophe Gammal will be visiting Hong Kong from 19th November to 29th November and would like to meet with member firms to discuss the opportunities for future cooperation and to present the attractions of Luxembourg for investors. Halsey Group will also be an exhibitor at the INTAX EXPO HONG KONG on the […]