Dear Friend of the Chamber,

The objectives of the British Chamber of Commerce for Luxembourg are to follow and influence developments in the economic and business world in Luxembourg affecting members’ interests, and so contribute to making Luxembourg an attractive place to do business. The Tax and Legal groups of the BCC address key issues in their sectors to corporate and individual members through a number of events, and seek to raise awareness and influence decision-makers as to the issues of concern to the BCC membership.

The purpose of the BCC Tax and Legal newsletters is to provide additional regular bimonthly updates on key tax and legal developments in Luxembourg that may be relevant to your business. The present newsletters issued by member firms of the Tax and Legal groups cover the period from July to August 2026. If you deem that another person within your organisation should receive this email, please let us know. If you wish to unsubscribe please contact the BCC Secretariat by email to info@bcc.lu.

Tax Newsletter

E-INVOICING:
•    DELOITTE – Further details on the new e-invoicing obligations
•    DELOITTE – New invoicing obligations
•    KPMG – Luxembourg’s e-invoicing mandate takes shape

NEW STOCK OPTION TAX REGIME: 
•    DELOITTE – New stock-option tax regime effective from 2027
•    EY – Luxembourg clarifies taxation of stock options and proposes new tax regime for employee stock options granted by young innovative companies

KPMG:
•   New Draft Law introduces OECD Side-by-Side Package

A&O SHERMAN
•    The EU’s Tax Simplification Package: practical implications and key considerations

EY
•    Luxembourg proposes further changes to Pillar Two Law to implement OECD Side-by-Side Package
•    Luxembourg proposes to extend DAC7 reporting framework to non-EU jurisdictions

Legal Newsletter

BANKING:

A&O SHERMAN
•    A major boost for funded sub-participations in Luxembourg

SIMMONS & SIMMONS 
•    Luxembourg proposes statutory protection for funded sub-participations

CORPORATE / M&A:

A&O SHEARMAN 
•   New guidance issued by the Luxembourg Business Registers (RBO) on beneficial ownership (BO) registration for companies held by fiducies, trusts or foundation

ESG:

ELVINGER HOSS PRUSSEN 
•  Sustainable finance update (asset management) – entry into force of the ESG Ratings Regulation and amendment of SFDR

FINTECH:

ELVINGER HOSS PRUSSEN 
•  MiCA: the transitional period has come to an end — what comes next for CASPs?

INVESTMENT FUNDS:

AKD
•  Alternative Investment Funds Industry Quarterly Update Q2 2026
•  Luxembourg adds statutory compartments to the unregulated SCS/SCSp toolbox

PINSET MASONS LUXEMBOURG 
•  Bill of law introduces compartmentalisation for Luxembourg SCS and SCSp AIFs

ELVINGER HOSS PRUSSEN
•  Luxembourg Proposes Compartments for SCS/SCSp AIFs

SIMMONS & SIMMONS 
•  Luxembourg proposes compartments for unregulated SCS and SCSp AIFsARLs

IT:

A&O SHEARMAN    
•  EU Digital Omnibus on AI: The wait is over but the compliance clock is running

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Best regards,

BCC Secretariat