The deadline for the registration of beneficial owners through the Luxembourg RBE portal has been extended from 31 August 2019 to 30 November 2019.
All Luxembourg legal entities registered with the Luxembourg Trade and Companies Register, including common funds (FCPs) and Luxembourg branches of foreign companies are required to provide up to date information on their beneficial owners. While listed companies are also covered, they will only be required to provide information regarding the stock exchange on which they are listed.
Registration must be completed by the deadline in order to avoid criminal fines resulting from a breach of the RBE Law and to benefit from a free-of-charge filing.
For more information on the Luxembourg register of beneficial owners read Harneys' guide here.
If you have any questions, please contact Andrew Knight, Massimiliano Della Zonca or your usual Harneys contact.