LUXEMBOURG Trends and Developments Contributed by: Anna Gassner, Philipp Mössner, Andrea Carraretto and Etienne Weryha, GSK Stockmann SA
(while also being a shareholder of such company), etc. Therefore, the parties to a JV agreement should ana - lyse the characteristics of their JV carefully, in order to clarify whether there is a need to proceed with the notification to the Luxembourg Ministry of Economy. Conclusion This article outlines some of the main aspects that are usually considered and negotiated by the parties when planning a JV involving a JV vehicle established in the Grand Duchy of Luxembourg. This list is not exhaustive, and JV parties need to take into account a number of economic, legal and tax aspects based on the specific project.
While negotiations may seem lengthy and challenging, well-structured and thoroughly negotiated JV agree - ments are crucial in ensuring the efficient operation of the JV. Luxembourg’s legal framework is frequently selected as it provides a favourable environment that supports the smooth functioning of the JV.
106 CHAMBERS.COM
Powered by FlippingBook