UBO Register Is Live In Luxembourg

As of today, 1 March 2019, the long-anticipated UBO register has come live as part of the Luxembourg Business Register (LBR).

Find out more about the background and requirements of the UBO register in our previous update here.

Now that the register is live, how to ensure your Luxembourg companies remain compliant?

Who can enter data into the register?

The UBO register information can be filed by the Luxembourg company itself, its representative or a notary on behalf of the company. The end responsibility for keeping the data up to date is with the company.

How is the filing done?

The UBO register information can be submitted electronically via the LBR website or on-site at the Luxembourg Business Register during usual business hours.

The filing must be submitted in French, German or Luxembourgish, using Latin alphabet and Roman or Arabic numerals.

Each accepted registration is filed in the company's file, along with the date and identification number of the registration and an acknowledgement receipt is provided.

What information and documents must be provided?

All Luxembourg companies with a trade register number, including investment funds, are obliged to file the following information about the UBO:

Name and surname Nationality Date and place of birth Country of residence Private or professional address* National identification number* Nature and extent of the effective interests held Details with * are only visible to national authorities. The filing must be accompanied by supporting documents, including:

For first time registration with the LBR: a copy of an original identification document of the UBO (e.g. passport copy)...