Best Corporate Governance Lawyers in Luxembourg

Share your needs with us, get contacted by law firms.

Free. Takes 2 min.

Arnone & Sicomo - International Law Firm

Arnone & Sicomo - International Law Firm

30 minutes Free Consultation
Luxembourg, Luxembourg

Founded in 2017
28 people in their team
Luxembourgish
French
German
Italian
Corporate & Commercial Corporate Governance Business Registration +5 more
Arnone & Sicomo is an International Law Firm founded by attorneys Gioia Arnone and Donatella Sicomo, with offices in major Italian cities including Palermo, Milan, Rome, Salerno, Catania, Cuneo, Venice, and Trento, as well as international locations such as London, Barcelona, Luxembourg,...
Schirrer Walster
Luxembourg, Luxembourg

Founded in 2017
8 people in their team
English
Schirrer Walster, Etude d’Avocats, is a law firm based in Luxembourg. In our Law Firm, we understand our client’s business, needs and issues and we strive to find the best legal solutions, always. Our law firm is specialised in business litigation, immigration and employment law. Please do not...
Etude Maître Laurent Ries
Luxembourg, Luxembourg

Founded in 1991
10 people in their team
Luxembourgish
German
French
English
Maître Laurent Ries Maître Laurent Ries - holds an academic degree (international & private & business laws) with the University of Paris II Panthéon Assas, France, admitted to Luxembourg Bar since March 1991, title “Avocat à la Cour” (High Court).   Between 1994 and...
Chateaux Lawyers
Luxembourg, Luxembourg

Founded in 2000
50 people in their team
Luxembourgish
German
French
English
Chateaux Lawyers StudyCHATEAUX Avocats brings together talents in the fields of business law and litigation.The objective is to provide our clients with ad-hoc solutions and advice, implemented via a complete range of turnkey services.These are offered on the basis of pre-agreed package service...
Anne Devin-Kessler
Luxembourg, Luxembourg

Founded in 2001
10 people in their team
Luxembourgish
German
French
English
Registered with the Luxembourg Bar since 2001.Member of the Luxembourg Association of Banking Lawyers (ALJB), member of the Luxembourg Association of Legal Officers, former member of the French Chamber of Commerce and Industry of Luxembourg (CHCI).Anne Devin-Kessler continued her studies in...
Law firm Karp & Choucroun
Luxembourg, Luxembourg

Founded in 1995
50 people in their team
Luxembourgish
German
French
English
THE KARP & CHOUCROUN LAW FIRMThe Karp & Choucroun law firm is located rue on Philippe II, in the heart of the capital of the Grand Duchy. Their activity is organized around 3 main areas:Business litigationFamily disputesDomiciliationThe firm's lawyers advise and intervene in the country’s...
Deynecourt
Luxembourg, Luxembourg

Founded in 2000
50 people in their team
Luxembourgish
German
French
English
WHO WE AREDeynecourt is a firm of choice for institutional and private clients seeking sophisticated, high-value legal and corporate services in Luxembourg. Our recognised practices include corporate and M&A, investment funds, commercial, corporate and tax.Driven by entrepreneurial spirit, we...
Luxembourg, Luxembourg

English
Amarilis Luxembourg SA is a management consulting firm headquartered in Helmsange, Luxembourg. The firm offers a comprehensive suite of services, including banking and finance law, corporate law, commercial litigation, labor law, investment funds, administration and management solutions, and tax...
Dupont Partners
Luxembourg, Luxembourg

Founded in 2018
English
Dupont Partners, based in Luxembourg, is recognized for its deep-rooted expertise in a broad spectrum of legal services tailored to the needs of discerning clients. The firm brings together a dynamic team of seasoned legal professionals, each equipped with a thorough understanding of Luxembourg’s...
DURO & PARTNERS Avocats
Luxembourg, Luxembourg

Founded in 1995
50 people in their team
Luxembourgish
German
French
English
Solid foundationsThe firm was founded in 1995 by Charles DURO and has continuously built up authority and recognition as an international business law practice. In order to optimize our efficiency, the law firm’s activities are oriented towards the field of services covering a range of legal...
AS SEEN ON

About Corporate Governance Law in Luxembourg, Luxembourg

Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. In Luxembourg, a prominent European financial center, corporate governance law aims to ensure businesses operate transparently, responsibly, and ethically. The framework is shaped by a mixture of national legislation, EU directives, and best practice codes, with particular importance placed on disclosure, accountability, and protection of minority shareholders. Whether you are running a local start-up or a multinational enterprise, understanding corporate governance in Luxembourg is essential for sustainable and lawful business management.

Why You May Need a Lawyer

Effective corporate governance involves complex legal and regulatory requirements. Engaging a lawyer can be invaluable in many situations, including:

  • Establishing or restructuring corporate governance frameworks
  • Ensuring compliance with local and EU disclosure obligations
  • Drafting or reviewing company bylaws, shareholder agreements, and internal policies
  • Advising on the composition and duties of boards of directors
  • Managing conflicts of interest and related party transactions
  • Handling regulatory investigations or corporate disputes
  • Facilitating mergers, acquisitions, or cross-border transactions
  • Advising family-owned companies on succession and governance transitions

A lawyer versed in Luxembourg's corporate governance landscape can help protect your company's reputation, minimize legal risks, and ensure compliance with evolving regulations.

Local Laws Overview

The legal framework governing corporate governance in Luxembourg combines several sources:

  • Luxembourg Company Law - The Law of 10 August 1915 on commercial companies, as amended, is the cornerstone of company formation, management, and governance. It defines the roles and responsibilities of directors, shareholders, and company officers.
  • Corporate Governance Codes - The Luxembourg Stock Exchange has issued corporate governance principles applicable to listed companies, encouraging transparency and ethical management, though their best practices are often adopted by unlisted companies as well.
  • EU Law - Directives such as the Shareholders Rights Directive and the Non-Financial Reporting Directive also influence Luxembourg's approach.
  • Financial Sector Regulations - If companies are in regulated sectors like banking or investment funds, they must comply with specific rules set by authorities including the Commission de Surveillance du Secteur Financier (CSSF).
  • Board Structure - Luxembourg companies can select from single-tier (board of directors) or two-tier (management and supervisory boards) governance models, with clear rules on appointments and duties.

Understanding these local rules is vital for avoiding legal pitfalls and ensuring robust governance practices.

Frequently Asked Questions

What is the typical corporate governance structure for companies in Luxembourg?

Companies typically operate using either a single-tier board of directors or a two-tier structure with supervisory and management boards. The choice depends on the company type and its articles of association.

Are there specific laws regulating the conduct of directors?

Yes. Directors must act in the best interests of the company, exercise due care and diligence, and avoid conflicts of interest. Breaches can lead to civil and criminal liability.

Do Luxembourg companies have to follow a corporate governance code?

Listed companies must comply with the Luxembourg Stock Exchange governance code or explain any deviations. Unlisted companies are encouraged but not required to follow these principles.

What are the main reporting and disclosure requirements?

Companies must prepare and file annual accounts, hold general meetings, and disclose governance information in annual reports, with additional requirements for listed entities.

Are shareholders' rights protected under Luxembourg law?

Yes. Shareholders have the right to participate in general meetings, vote on major decisions, request information, and challenge decisions that breach their rights.

How are conflicts of interest handled in Luxembourg companies?

Directors must declare conflicts of interest to the board and may be excluded from deliberations or voting on related matters, especially in public interest entities and listed companies.

Can foreign individuals serve as directors in Luxembourg companies?

Yes. There are no nationality or residency restrictions for directors in most cases, though regulated sectors may have additional requirements.

What penalties exist for poor corporate governance or non-compliance?

Penalties can include fines, director disqualification, civil damages, criminal prosecution, and reputational harm to the company or its officers.

How are disputes among shareholders or board members resolved?

Disputes can be settled through internal mechanisms, mediation, arbitration, or litigation before the Luxembourg courts.

Are there particular rules for financial sector companies?

Yes. Banks, investment firms, and other regulated entities are subject to stricter governance standards, regular audits, and oversight by the Commission de Surveillance du Secteur Financier (CSSF).

Additional Resources

For more information or assistance, you can consult the following:

  • Commission de Surveillance du Secteur Financier (CSSF) - The main financial regulator overseeing governance of financial entities
  • Luxembourg Stock Exchange - For corporate governance codes and best practices
  • Luxembourg Chamber of Commerce - Provides guidance and support for local businesses
  • Ministry of Justice, Luxembourg - Resource for legal texts and company registration
  • Luxembourg Bar Association - Directory of qualified lawyers for legal assistance

Next Steps

If you require legal advice or assistance with corporate governance in Luxembourg, consider the following steps:

  • Assess your company's governance practices and identify potential areas of risk or uncertainty.
  • Gather relevant documents, such as company statutes, board minutes, and prior legal opinions.
  • Contact a qualified local lawyer or law firm specializing in corporate governance for an initial consultation.
  • Prepare a list of questions or concerns specific to your business situation to discuss with your advisor.
  • Follow up on recommendations and make necessary adjustments to your governance structures or policies.
  • Stay informed about updates to local and EU laws that may affect your corporate governance obligations.

With the right professional guidance, you can ensure your company meets its legal responsibilities and operates according to the highest standards of corporate governance in Luxembourg.

Lawzana helps you find the best lawyers and law firms in Luxembourg through a curated and pre-screened list of qualified legal professionals. Our platform offers rankings and detailed profiles of attorneys and law firms, allowing you to compare based on practice areas, including Corporate Governance, experience, and client feedback. Each profile includes a description of the firm's areas of practice, client reviews, team members and partners, year of establishment, spoken languages, office locations, contact information, social media presence, and any published articles or resources. Most firms on our platform speak English and are experienced in both local and international legal matters. Get a quote from top-rated law firms in Luxembourg, Luxembourg - quickly, securely, and without unnecessary hassle.

Disclaimer:
The information provided on this page is for general informational purposes only and does not constitute legal advice. While we strive to ensure the accuracy and relevance of the content, legal information may change over time, and interpretations of the law can vary. You should always consult with a qualified legal professional for advice specific to your situation. We disclaim all liability for actions taken or not taken based on the content of this page. If you believe any information is incorrect or outdated, please contact us, and we will review and update it where appropriate.