Benefit from the SME and Self-Employed Emergency Fund

Against the backdrop of the Covid-19 crisis, the Directorate General for the Middle Classes has decided to set up an emergency fund for very small businesses and the self-employed. The fund provides immediate non-repayable financial assistance of €5,000. To qualify for this aid, an application must be submitted to the Ministry of the Economy. The conditions for obtaining this aid are:

Filing of annual accounts

Under article 75 of the law of 19 December 2002, Luxembourg companies are obliged to file their accounts (PCN) on the ECDF platform and their annual accounts with the Registre de Commerce et des Sociétés. This applies mainly to commercial companies (limited liability companies, public limited companies, branches, etc.) and to companies incorporated in Luxembourg.

Tax accounting obligations

The Director of Contributions had published on 15 September 2017 his circular L.G. - A n°63 concerning "Accounting obligations in tax matters". In particular, it had been stated concerning the cash book that "all transactions must be recorded without delay, faithfully and completely and...

Law for non-profit associations and foundations

Following the new law of 7 August 2023 on not-for-profit associations and foundations, which came into force on 23 September 2023, please find below some of the features of this new law: The minimum number of members of the association is reduced from 3 to 2; The board of directors is...

Grant for short-time working due to COVID-19

Unfortunately, this procedure has been changed. ADEM has just informed interested parties that all applications, including those for March, must be submitted via the MyGuichet website. As a result, all the applications received by post or e-mail have now been submitted via MyGuichet.

2,500 for the self-employed

This is immediate, non-refundable financial assistance of €2,500, with the following characteristics: It is valid for individuals working in their own name or for self-employed company managers (holding +25% of the company's capital); It is not valid for self-employed...

Help to support businesses and the self-employed

It is based on the Act of 3 April 2020 on an aid scheme for companies in temporary difficulty. The main features of this aid are as follows: If you would like us to take charge of drawing up this application for a repayable advance, we would be grateful if you could come back to us.