Due to the heterogeneity of the sources of Luxembourg tax law, tax litigation falls under two branches of the Luxembourg jurisdiction: administrative courts and judicial courts. Direct taxes fall under the jurisdiction or administrative courts, judicial courts have exclusive jurisdiction over ...

• Read article

Tax losses incurred by a company during a tax year can be carried forward and, in principle, offset against taxable profits in subsequent years, thereby reducing the amount of tax payable. There are, however, restrictions on carry-forward and set-off. Tax losses incurred prior to 31st ...

• Read article

Luxembourg private wealth management companies named SPFs in Luxembourg, are a form of holding company. These companies type are exempt of all taxes on income and from wealth tax.

• Read article

A trial period is not compulsory when the employer draws up an employment contract. However, it may be necessary to stipulate the trial period in the contract in order to assess the employee's skills and to thus ascertain whether the employee is suitable for the job. During the trial ...

• Read article

Fixed-term contracts (FTC) can be drawn up only for jobs that are not long term. The employer can draw up FTC in the following cases: Replacement contracts for maternity/paternity leave or for long-term illness; Seasonal employment; Situations requiring short-term employment (in the ...

• Read article

The Luxembourg's accounting law distinguishes between three categories of companies: small, medium-sized and large companies. Classifying a company in the appropriate category is decisive since it then entails numerous accounting consequences such as: The minimum format of financial ...

• Read article