Reference : The suitability of Luxembourgish law to B Corp
Scientific journals : Article
Law, criminology & political science : Economic & commercial law
Law / European Law
The suitability of Luxembourgish law to B Corp
Hiez, David mailto [University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL) >]
Oxford University Press
[en] Luxembourg is famous for its financial centre and does not look like B Corp friendly. Worse, it has been considered like a tax paradise and suspected of laundering, remains on some black lists notably of its practice of tax ruling. Therefore, it may be surprising to inquire its relationships with B corps. At least two reasons justify that interest. First of all, it may be very fruitful to look at a B Corp situation into a difficult context. But there is a second reason, very different, related to Luxembourg itself: this will be a good opportunity to discover another aspect of its legal framework, far more favourable to B Corp than expected.

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