The Order of Chartered Accountants has recently given its opinion on the Bill of Law N° 8286, concerning the accounting, annual financial statements and consolidated financial statements of companies and related reports and abolishing the office of a commissaire aux comptes (the “Bill of Law”).
Category: Corporate
New Luxembourg law modernizing Luxembourg’s insolvency law and introducing new rules on business preservation
On 19th July 2023 the Luxembourg’s Parliament (Chambre des Députés) adopted the Bill of Law No. 6539A (the “Law”) the purpose of which is to implement several measures and introduce new procedures to promote the preservation of businesses and modernize the insolvency law...
New Bill of Law reforming and modernising Luxembourg accounting legal framework
On 28 July 2023, the Luxembourg government introduced the Bill of Law 8286 ("Bill"), which aims to reform and modernise Luxembourg accounting legal framework by making it more efficient, clearer and better structured...