Central register of beneficial owners of companies and legal entities “RBE” – One month left

The Luxembourg Law of 13 January 2019 (the Law) implementing EU Directive 2015/849 requiring each EU member state to create a central register recording information on beneficial owners of corporate entities entered into force on 1 March 2019 and has to be complied with by 31 August, 2019.

All companies registered with the Luxembourg Trade and Companies Register have to comply with the obligations of the Law by 31 August, 2019 at the latest.