General Members News

Brouxel & Rabia: Luxembourg exemption regime allowing remote meetings of shareholders and board members has ended

Luxembourg introduced an exemption regime regarding the holding of shareholders and board members meetings during the COVID-19 pandemic through the law of 23 September 2020 relating to measures on the holding of meetings in companies and other legal entities (the “Law”).

Since then, the Law has been renewed several times until its last amendment in December 2021 renewing the exemption regime until 31 December 2022. In the context of the lifting of the governmental sanitary measures, no further renewal was adopted, so that the exemption regime took an effective end on 1st January 2023.

For more information, see the full report on the B&R website: https://brouxelrabia.lu/meetings-of-shareholders-board-members-has-ended/