Companies still permitted to hold meetings without physical attendance until 31 December 2020

The Luxembourg Parliament has adopted on 22 September a bill of law containing measures governing how companies and other legal entities are permitted to hold meetings. This bill will enable companies and other legal entities (such as ASBLs) to hold general meetings and other meetings of the company’s corporate bodies without the need for physical attendance, even where this is not provided for in the company’s articles of association. This option will now be available until 31 December 2020. These measures were initially provided for by the Grand Ducal Regulation of 20 March 2020, and were extended by the law of 20 June 2020.

The bill enters into force on 1 October 2020, and repeals the law of 20 June 2020.

Please visit our Covid-19 Solutions platform to learn more about the context (questions 01 and 02), and follow developments regarding specific types of meetings_

Related documents:

To consult the Grand Ducal Regulation of 20 March 2020, please click here_
To consult the law of 20 June 2020 (extracts), please click here_
Pour consulter la loi du 20 juin 2020 en français, veuillez cliquer ici_
To consult the bill of law 7673, please click here_

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