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    Reform of the right of establishment in Luxembourg
    2023-07-21

    Bill n°7989 amending the law of September 2, 2011 regulating access to the professions of craftsman, trader, industrialist and certain liberal professions (the “2011 Law”), was adopted yesterday, 20 July 2023, by the Luxembourg Parliament. The dispense with the second vote shall be approved by the State Council in the coming days.

    The reform modernizes the right of establishment in the Grand Duchy of Luxembourg in order to create a modern legal framework that will stimulate entrepreneurship.

    Filed under:
    Luxembourg, Company & Commercial, Insolvency & Restructuring, CMS Luxembourg, Bankruptcy, Commercial Code 1807 (Luxembourg)
    Authors:
    Gérard Maitrejean , Angélique Eguether
    Location:
    Luxembourg
    Firm:
    CMS Luxembourg
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