General Members News

DLA Piper: Luxembourg Business Register – Upcoming requirements for individuals

Luxembourg Business Register: Upcoming requirements for individuals – get ready!

 

4 November 2021 | By Xavier Guzman, Ambroise Foerster and Gertjan Dewilde

 

According to a notice issued by the Luxembourg Business Register (LBR), with effect as of the end of March 2022 (exact date to be confirmed), individuals and entities registered with the Luxembourg Register of Trade and Companies (Registre de commerce et des sociétés) (RCS) will have to provide a Luxembourg national identification number (matricule) (LNIN) for individuals registered in their file, such as managers, directors, shareholders, partners, liquidators, authorised representatives or auditors.

If an individual does not have a LNIN, one can be created by submitting information to the RCS, including nationality, gender and private address together with any other supporting documents proving the individual’s identity. A systematic control of the Luxembourg addresses provided to the RCS will be carried out as from the implementation date. The LNIN will only be accessible to the holder and/or the persons specified during the filing process.

A transition period is foreseen before the above becomes mandatory, but it is advisable to start gathering LNINs without delay.

DLA Piper Luxembourg is happy to assist you throughout this process. Do not hesitate to get in touch for more details.

Contacts

For more information, please contact:

Xavier Guzman

Partner

Luxembourg

Email

Ambroise Foerster

Counsel

Head of Luxembourg Desk

Paris

Email

Gertjan Dewilde

Associate

Luxembourg

Email