On 1 June 2016, Luxembourg implemented a new legal publication regime. It aims at simplifying the publication process for easier and faster access to the information.
The reform is based on the four following pillars:
- a new central legal electronic platform called RESA replaces the Luxembourg Trade and Companies Registry;
- legal notices will now be published automatically on RESA when filed;
- publications will be available for consultation free of charge; and
- costs for late filing of annual accounts will be increased to encourage companies to file their financial statements on time.