Companies & entities
RBE and beneficial owners in Luxembourg
The RBE (Register of Beneficial Owners) requires every Luxembourg company to declare its beneficial owners (UBOs) and to keep this information up to date, in principle within one month of any change. Failure to file is subject to penalties. The firm identifies your UBOs and brings you into compliance.
The RBE stems from the Law of 13 January 2019. The beneficial owner is, as a general rule, the individual who directly or indirectly holds or controls more than 25 percent of the company.
Identifying UBOs can be complex in multi-tier structures. Cerno Law Firm analyses the ownership chain and secures your filings.
The need
You need to declare or update your beneficial owners.
Identifying the UBO is delicate in complex structures.
The risk
Failure to file the RBE declaration, or filing it late, exposes you to criminal penalties (fines).
An inaccurate filing creates a lasting compliance risk.
How we help
Analysis of the ownership chain, identification of the UBOs, filing and updating at the RBE.
Setting up a monitoring process to meet the one-month deadline when changes occur.
Practice areas
When to call on the firm
- First RBE filing after incorporation.
- Update following a transfer or reorganisation.
- Regularisation of a late filing.
- RBE compliance audit.
Method
Our engagement process
- 1
Information intake
You describe your need via a structured form or an initial call. Our digital tools serve only to organise this information and save time.
- 2
Lawyer qualification
Maître Maglo reviews your situation, identifies the legal issues and confirms the feasibility and exact scope of the engagement.
- 3
Transparent quote
You receive a clear fee proposal, a fixed fee or a range, before any engagement. Nothing is billed without your approval.
- 4
Legal work
The firm drafts, negotiates or litigates as required. Every deliverable is designed and approved by a lawyer admitted to the Luxembourg Bar.
- 5
Tracking and delivery
You follow your matter transparently and receive your finalised documents with the explanations you need.
Documents required
- • Ownership structure and organisation chart
- • Identity of the individuals concerned
- • Previous RBE filings, where applicable
Deliverables
- • Identification of the UBOs
- • RBE filing or update
- • Procedure for monitoring changes
Indicative timing
The filing must in principle be made within one month of the triggering event; the firm acts on an urgent basis for late filings.
Fixed fee announced
Depending on the complexity of the ownership chain.
FAQ
Frequently asked questions
Who is a beneficial owner (UBO)?
As a general rule, the individual who directly or indirectly holds or controls more than 25 percent of the capital or voting rights, or who exercises control by other means.
What is the RBE filing deadline?
The filing, or its update, must in principle be made within one month of the change in beneficial owner.
What are the consequences of failing to file?
Criminal penalties, in particular fines, for failure to file or for an inaccurate filing.
Let’s talk about your matter
Describe your situation: you receive an initial analysis and a transparent quote, with no obligation. One dedicated lawyer, from start to finish.