Today, on 29 August 2019, 2 days before the expiry of the initial deadline, the Luxembourg Business Registers, which is the entity managing the UBO Register, has published a notice stating that an additional administrative delay of 3 months is now being granted to those entities that have not made the required filings as yet.
The notice also states that there will continue to be no cost for the filing during this 3-month period.
Therefore, registered entities have until 30 November 2019 to proceed with the registration of their beneficial owners.
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Tiberghien Luxembourg monitors the implementation of the UBO Register in Luxembourg (as well as in the other Member States).
For more information, please do not hesitate to liaise with your usual contact at Tiberghien Luxembourg or with the authors.
Maxime Grosjean - Senior Associate (maxime.grosjean@tiberghien.com)
Gauthier Mary – Senior Associate (gauthier.mary@tiberghien.com)