Our publications
BSP’s lawyers regularly share their knowledge through regular legal updates, newsletters and professional publications.
Latest Newsletters & Newsflashes
Jan 30, 2025Key changes in the Luxembourg tax landscape for 2025
Significant changes have taken place in the Luxembourg tax landscape in the course of the year 2024, as demonstrated by the intense legislative activity until the last days of 2024, with several measures taking effect as from fiscal year 2025, as summarised below. Corporate taxpayers Corporate
Jan 30, 2025European Court of Justice denies the tax deduction of (arm’s length) interest expenses in the context of a non-genuine arrangement
On 4 October 2024, the European Court of Justice (the “ ECJ”) (Case C-585/22) ruled that Article 49 of the Treaty on the Functioning of the European Union (the “ TFEU”), which guarantees the freedom of establishment, does not preclude national legislation from fully denying the deduction of interest
Jan 30, 2025VAT I New circular and procedure for the reimbursement of VAT on director fees
On 11 December 2024, the Luxembourg Indirect Tax Authorities ( Administration de l’enregistrement, des domaines et de la TVA) issued a new circular No. 781-2 on the VAT treatment of director’s fees following the decision of the European Court of Justice (the “ ECJ”) in case C-288/22, TP v
Jan 30, 2025Luxembourg Case Law I Compliance with the principle of adversarial proceedings in relation to fines for tax offences
On 16 October 2024, the Lower Administrative Court ( Tribunal administratif ) annulled a decision by the Director of the Luxembourg Tax Authorities (“ LTA”) ( Administration des contributions directes) to uphold and increase the amount of a fine imposed by the Tax Office on a tax consultancy company
Jan 30, 2025VAT I Agreement on VAT in the Digital Age package
Introduction On 5 November 2024, the Council adopted several measures aimed at conforming the value added tax (“ VAT”) rules to the digital age. The ViDA package will bring major changes to the VAT system. The ViDA package is based on three main pillars: Pillar 1: digital VAT reporting This first
Jan 29, 2025RCS and RBE I New requirements with the Law of 25 January 2025
The Law of 25 January 2025 was published in the Journal Officiel du Grand-Duché de Luxembourg on 27 January 2025 and will enter into force on 1 February 2025. This new legislation is designed to: adapt the legislation to current practice, improve the quality of information, provide the
Latest Brochures
Feb 12, 2024ELTIF in a nutshell
The ELTIF was created by Regulation (EU) 2015/760 on European Long-term Investment Funds of 19 May 2015 (and effective from 9 December 2015) (the “ ELTIF 1 Regulation”). The European Long-Term Investment Fund (“ ELTIF”) is a type of collective investment framework allowing investors to invest money
Jun 01, 2023BSP General Brochure
In this brochure you will find the description of all the activity that we can put in place for you. BSP is an independent full-service law firm based in Luxembourg, committed to providing the very best legal services to our domestic and international clients in all aspects of Luxembourg business
Mar 31, 2023Dispute Resolution Brochure
BSP’s dispute resolution practice assists domestic and international clients in a wide range of complex and high-stake and/or international disputes (litigation and/ or arbitration proceedings) in all major substantive areas of the law. Our dispute resolution team can be involved at every stage of
Jul 28, 2022RAIF | Reserved Alternative Investment Funds
This leaflet presents a focus on the Reserved Alternative Investment Fund (RAIF), a new and flexible alternative investment vehicle approved by the Law of 23 July 2016, which entered into force on 31 August 2016 (the RAIF Law). The RAIF Law creates a new type of unregulated fund which has many of
Jul 27, 2022Banking & Finance Brochure
BSP’s banking and finance team assists local and international market players on all regulatory and transactional aspects of Luxembourg banking and financial matters. Our lawyers are reputed for their extensive experience in bank lending, debt capital markets and structured finance, in particular
Jul 27, 2022Tax Brochure
Our Tax practice brochure gives an overview of the services our team of lawyers provides to domestic and internatonal clients in all Luxembourg tax related matters.
Latest Articles & Books
Dec 13, 2024Chambers | Litigation Global Practice 2025 Guide
The 2025 Litigation Global Practice Guide features over 60 jurisdictions. It provides the latest legal information on litigation funding, initiating a lawsuit, pre-trial proceedings, discovery, injunctive relief, trials and hearings, settlement, damages and judgment, appeals, costs, and alternative
Sep 05, 2024Chambers | Employment 2024 Guide
The Employment 2024 guide covers over 50 jurisdictions. The guide provides the latest legal information on terms of employment, non-compete and non-solicitation clauses, data privacy law, foreign workers, the role of unions and employee representative bodies, termination of employment, employment
Jul 30, 2024LuxCMA Let's Talk Podcast | SFDR: What's Next on the Horizon?
Since its introduction in March 2021, the SFDR has transformed the landscape of sustainable finance, setting new standards for transparency and accountability. Listen to the latest LuxCMA - Luxembourg Capital Markets Association podcast episode featuring our Investment Management Partner and
Mar 12, 2024Lexology | Litigation Funding 2024
Our experts have contributed to the publication of a Q&A paper about Litigation Funding in Luxembourg together with Nivalion AG. Look at the chapters below, which are fully investigated in the pdf. REGULATION Overview Restrictions on funding fees Specific rules for litigation funding Legal advice
Feb 12, 2024Chambers | Investment Funds 2024 Guide
The Investment Funds 2024 guide covers 20 jurisdictions. The guide provides the latest information on alternative investment funds and retail funds, including fund formation, restrictions on investors, the regulatory environment, operational requirements and the tax regime. Law and Practice 1
Jan 16, 2024Thomson Reuters Practical Law | Regulation of state and supplementary pension schemes in Luxembourg
A Q&A guide to pensions law in Luxembourg. The Q&A gives a high-level overview of the regulation of national government pensions and supplementary pensions. On national government pensions, it covers employer/employee contributions; national government pension age and monthly amount; and the public
Latest Videos
Oct 04, 2023Women in Law Series: Sabine Hinz
Sep 27, 2023Women in Law Series: Evelyn Maher
Sep 21, 2023Women in Law Series: Nuala Doyle
Sep 21, 2023Towards the modernisation of the Luxembourg fund industry
Sep 13, 2023Women in Law Series: Isabel Høg-Jensen
Sep 12, 2023BSP German Desk
