Bonn & Schmitt

148 Avenue de la Faïencerie
L- 1511 Luxembourg
Grand Duché de Luxembourg
URL: http://www.bonnschmitt.net

BONN&SCHMITT is a leading Luxembourg law firm with an extensive international practice. Our attorneys are experienced practitioners in the Luxembourg legal environment and present a unique combination of expertise allowing us to deliver unrivalled legal solutions in one of Europe's leading financial centres.BONN&SCHMITT has established strong working relationships with leading law firms throughout Europe and in the international community with whom we interact closely and collaboratively to provide our clients with innovative and integrated solutions to multi-jurisdictional matters.Our truly global client base stretches through Europe, to Russia, the U.S., South America, South Africa, and Asia.We are the trusted legal partner of leading international financial institutions, industrial corporations, national governments as well as media companies, pharmaceutical groups and food and beverage groups listed on the Forbes The Global 2000 List. BONN&SCHMITT triumphs at IFLR's European Awards 2013 receiving awards in the categories of "Luxembourg Law Firm of the year" and "Restructuring Deal of the year".

Legal employee count :


Function :

Legal Counsel

Main Practices :[ infos ]

Corporate | Commercial | Economic

Practices details :

Corporate, Tax, Banking & Finance, Investment Management, Litigation and Dispute

Region :

Grand Duchy of Luxembourg


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No open vacancies

Gaëlle Felly joined Bonn & Schmitt as a Counsel

The partners of Bonn & Schmitt are pleased to announce that Gaëlle Felly joined Bonn & Schmitt as a Counsel. 

Gaëlle is specialised in international tax law, predominantly Luxembourg-oriented with a focus on a wide range of listed multinationals, private equity funds, merger & acquisitions, IPOs, debt-buy-back restructuring and tax reorganisation

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Bonn & Schmitt Avocats ont le plaisir d'annoncer les nominations de Frédéric Lemoine, d'Armel Waisse et de Laurent Henneresse

Bonn & Schmitt Avocats ont le plaisir d'annoncer les nominations de Frédéric Lemoine, d'Armel Waisse et de Laurent Henneresse avec effet au 1er janvier 2015.

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Law of 17 April 2018 and PRIIPs Regulation

The law of 17 April 2018 on key investor documents for packaged retail and insurance-based investment products (the “2018 Law”) was published in the Mémorial A on 19 April 2018 and entered into force on 23 April 2018. 

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Banking Secrecy and The Law of 27 February 2018: A Shrinking Concept

Further to the passing of draft law No 7024 on 6 February 2018 by the Chamber of Deputies, the law of 27 February 2018 on interchange fees and amending several laws relating to financial services was published on 1 March 2018 (the "2018 Law").1 Most of its legal provisions (including those covered in this legal alert) entered into force on 5 March 2018.

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Regulation (EU) 2015/848 Of 20 May 2015 on Insolvency Proceedings (Recast)

On 20 May 2015, the European Commission published regulation (EU) 2015/848 on insolvency proceedings (recast) ("Regulation 2015/848") . This regulation repeals regulation (CE) 1346/2000 on insolvency proceedings, as amended, which originally came into force on 31 May 2002 ("Regulation 1346/2000").

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New Circular No 45/2 – 152/1 – 168/1 on the Withholding Tax of Director Fees

On 14 February 2017 the Luxembourg direct tax authorities (Administration des contributions directes – “ACD”) issued on a new circular no 45/2 – 152/1 – 168/1 addressing the withholding tax on director fees and interractions with value added tax (“VAT”) (the “Circular”). The Circular reminds that director fees (tantièmes) are considered as a remuneration of an independent worker1), which are to be differentiated from the salaries and similar remunerations paid to directors for their day-to-day management of a company. Such director fees are subject to a withholding tax (“WHT”) of 20% of the gross amount when they are paid by a Luxembourg tax resident company on behalf of the director2).

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