Apply to join the Spanish Financial Forum of the Chamber in Luxembourg

From April 15th, all members of the Chamber whose activity falls within the framework of the financial sector in Luxembourg may submit a request to participate in the Spanish Financial Forum (SFF).

The aim of this working group is to create in Luxembourg a space for opinion and debate on economic and financial issues where professionals working in companies related to the provision of financial services who are members of the Chamber can share experiences, establish collaborations, exchange information on sector trends and generate business. It also aims to position itself as the main “hispanic” interlocutor with the Luxembourg institutions in the financial sector.
The main objectives of this initiative are:

  • To improve the image and perception that Luxembourg projects in Spain, mainly in professional environments.
  • To act as the main “hispanic” interlocutor and lobby to the Luxembourg financial sector authorities.
  • To facilitate networking among the members of the SFF, so that they can share experiences, establish partnerships and exchange information on industry trends.
  • To act as a link to Latin American markets.
  • To encourage the attraction and retention of Spanish talent to Luxembourg.

 

Participation in the SFF is exclusive for members of the Chamber.

 

Apply to join the SFF sending the REGISTRATION FORM to luxemburgo@e-camara.com.

 

More information about the SFF HERE.

New procedure for granting short-time work in cases of force majeure linked to the Covid-19

THINGS YOU NEED TO KNOW

What is the short-time work?

Short-time working allows a company to avoid laying off its employees. The employees receive 80% of their salary from the company (this amount cannot be less than the minimum social wage or more than 250% of the minimum social wage). These amounts are fully covered by the Employment Fund.

Conditions that the company must complete

Eligible employees: permanent, fixed-term, apprenticeship, etc.

– be legally established in Luxembourg

– a significant go down on activities/income following the crisis

– undertake not to dismiss any employee for economic reasons

 

In order to maintain employment and, consequently, avoid redundancies, Luxembourg labour law provides that firms may, under certain conditions, have recourse to different short-time working schemes, depending on the nature of the difficulties encountered. This system enables firms to keep their trained employees in employment with skills that are essential to the smooth running of their activities.

The short-time working scheme is therefore one of the major instruments enabling enterprises to cope with the fall in economic activity due to the Covid-19 health crisis.

In view of the current exceptional situation and the repercussions on the life of companies and their employees, the conditions for applying for and obtaining short-time working have been adjusted.

In order to speed up and facilitate the procedure for applying for short-time working in cases of force majeure linked to the Covid-19 crisis, ADEM, in close collaboration with the Secretariat of the Economic Conditions Committee and the State Information Technology Centre (CTIE), has set up a new automated system that enables companies to submit their short-time working applications via an online form at: http://guichet.lu/cocp

This request will have to be made every month

Companies make their request using secure authentication (LuxTrust product (e.g. Token, Smartcard or Signing stick) or electronic identity card). They also have the possibility of having their application submitted by their authorised representative (a trustee), e.g. if they do not have a LuxTrust product. The data collected will be processed automatically by ADEM. The application has been designed to be as simple as possible for companies. As of today, companies must use the form available at the Counter to make their request (requests by mail, e-mail or fax will no longer be accepted).

Applications from companies that can no longer operate following the government decisions of March 2020 will be processed directly by ADEM. Applications from other companies will only be processed after the agreement of the Comité de conjoncture. In both cases and as soon as the request is accepted, ADEM will pay an advance to the companies. This advance corresponds to 80% of the salaries of the staff affected by short-time working and will enable the firms to obtain cash quickly. After the end of the month, the company will be required to submit a detailed statement showing the hours actually worked. On the basis of this statement, ADEM will calculate the sums actually owed by the Employment Fund. In the event of an overpayment, the company will be required to reimburse it.

Which companies are eligible for the new partial unemployment scheme linked to COVID-19?

Companies that can no longer carry out their activities following a government decision are automatically eligible for short-time working without the need for the agreement of the economic conditions committee.

All other companies that have to suffer a drop in activity due to the coronavirus crisis must receive the agreement of the economic development committee in order to be eligible for short-time work.

Temporary employment agencies are also eligible with regard to their employees whose assignment contract continues but who can no longer carry out their activity.

Both types of companies must apply using the same form at the counter.

Which employees are eligible for the new partial unemployment scheme linked to COVID-19?

  • Employees on permanent and fixed-term contracts (the contracts must be in force at the time of the occurrence of the force majeure event)
  • Apprentices in initial and adult learning.

What about companies that have already applied on the basis of the old form?

The applications received by the secretariat of the economic development committee by post, email or fax are being processed. Given the extremely large number of applications received, this processing could take until 3 April 2020.  Companies whose application was incomplete and therefore cannot be processed will be contacted by ADEM.

 

Link: http://guichet.lu/cocp

Source: ADEM

Attached files: 200327_DemandeDeChomagePartiel.pdf

Economic and social measures for companies taken in Luxembourg due to Covid-19

From the Chamber, we want to be with our members and strengthen all our actions and activities, to give an answer to the companies and the self-employed to react to the situation that we are currently facing.

For this reason, the Chamber will periodically publish all the legal, administrative or new measures that are being produced and taken in Luxembourg to inform our members and facilitate the updated information that could be useful for them.

Here you can find the latest economic and social measures for companies in Luxembourg due to Covid-19.

The Chamber’s Yearbook 2020 is already available

The Yearbook 2020 of the Official Spanish Chamber of Commerce of Spain in Belgium and Luxembourg is already available.

All members will receive a copy in the next few weeks by mail.

You can also read it through the Intranet by clicking on this link.

This publication includes information about the available services to our members, the report of the activities organized by the Chamber during 2019, a description of the employment and entrepreneurship programs in which we are involved, as well as a directory of members by activity sector.

The Chamber wants to thank the support of all the member companies, which allow us to continue improving and responding to the needs of our members.

The Yearbook is available in English and Spanish.

In addition, we would like to thank the advertisers their collaboration in the Yearbook 2020, which have helped funding this publication:

                   

 

Conference on companies act and liability of managers

On February 25th, the Official Spanish Chamber of Commerce in Belgium and Luxembourg, in collaboration with Philippe & Partners & Estudio Legal Muñoz Gonzalo, organized a conference on The companies act and the liability of managers. A comparative vision with the Spanish corporate law“ at Cercle Munster in Luxembourg.

The conference had about twenty participants, including the H.E. Ambassador of Spain in Luxembourg Bernardo de Sicart Escoda. During the conference, the speakers, Ernesto Muñoz (Estudio Legal Muñoz Gonzalo) and Denis Philippe (Philippe & Partners), presented the different types of companies in Spain and Luxembourg, as well as the liability regime of company managers.

Finally, it was made a comparison through the similarities and the differences between both countries in this area, and the speakers could answer the questions raised by some of the participants.

 

In collaboration with:

New Year’s Cocktail 2020 Luxembourg

The last 30th of January, the Official Spanish Chamber of Commerce in Belgium and Luxembourg celebrated the New Year’s Cocktail in Luxembourg. The event counted mainly with the presence of numerous members, representatives of European institutions and contacts of other bilateral Chambers in the Grand Duchy.

Juan Rodríguez-Villa, President of the Chamber, expressed his good wishes for this year, thanked the attendees for their participation and address a word of thanks to the team of the Chamber.

The event took place at the Meliá hotel and it was attended by more than 50 attendees.

Meeting of the Board of Directors of the Chamber

On November 27th, the Board of Directors of the Chamber held a meeting at the Cercle Munster in Luxembourg.

The meeting counted with the participation of the Ambassador of Spain in Luxembourg, Bernardo Sicart Escoda, and the Economic and Commercial Counselor, María Palanca Reh.

During the meeting, the programme for the upcoming 2020 activities in Luxembourg was discussed, as well as presenting the corresponding budget.

Day of Spain in Luxembourg

On October 19th, the Official Spanish Chamber of Commerce in Belgium and Luxembourg, in collaboration with the Spanish Office of Tourism, organized the Day of Spain in Luxembourg at the Place d’Armes. This event counted with the collaboration of the Spanish Embassy in Luxembourg.

Through this unprecedented day in Luxembourg, Spain was presented as a tourist destination, along with the gastronomic, cultural and business offer that surrounds it. More than 8,000 attendees enjoyed the Journée de l’Espagne. The Ambassador of Spain in Luxembourg, Bernardo de Sicart Escoda, and the Prime Minister of Luxembourg, Xavier Bettel, among other public figures, visited the Place d’Armes to take part in the event.

TOURISM

In the stand of LuxairTours, attendees were able to get information about the travel offers of the company in Spain and its flight connections from Luxembourg. Moreover, they organized several activities, such as face painting for kids or a golf-corner to test the attendees’ swing abilities. Luxi, their mascot, also attended the event. The Luxembourgish tour operator was the main sponsor of the Journée de l’Espagne.

Multiple Autonomous Communities were present at the Place d’Armes with the objective of showing the diverse tourist offer of Spain. Representatives from Gran Canaria, Fuerteventura, Tenerife, La Rioja, Galicia, Ibiza, Extremadura and Andalucía showed the Luxembourgish audience their cultural and tourist offer, by providing detailed information of their different travel options. PortAventura, the Spanish leisure complex located in the province of Tarragona and the most visited in Spain, was also represented at the event.

SPORTS

Spanish sports, one of the best ambassadors of our country, were represented by the stands of LaLiga, the Davis Cup and Baqueira Beret.

On the one side, LaLiga gave the opportunity to the attendees to take pictures next to the cup and the players of their favorite football team through their photosharing. On the other side, the Davis Cup also took to Luxembourg the cup of the tournament so that the participants of the Journée de l’Espagne would be able to take pictures with it. Baqueira Beret, provided information about the ski resort of the Arán Valley.

GASTRONOMY

The Spanish gastronomy was the great protagonist of the Journée de l’Espagne. The attendees were able to enjoy a day in which the Spanish culinary richness that the participating companies took to Luxembourg was felt, tasted and explored through several traditional dishes, for instance, patatas bravas, churros with hot chocolate, Iberian ham, sangría, Spanish omelette, Padrón peppers… Churros Valyser, Bodega Salferso, The Cortador Academy and Bistro Podenco were the suppliers for the exquisite food and drinks of the day.

STUDYING IN SPAIN

There was also a corner for those interested in studying and learning Spanish in Spain. EF and Fundación de la Lengua Española informed attendees about the possibilities to travel to Spain to learn Spanish, one of the most spoken languages in the world. Moreover, IE University showed the wide range of degrees and masters that they have available in Spain.

REAL ESTATE

Zapinvest and Second Residence, in the real estate corner, presented their offer of apartments for sale in the main Spanish coasts, such as Costa Blanca, Costa del Sol, Costa Cálida, Mallorca or Tenerife.

ACTIVITIES

The day was completed with an ongoing cultural schedule.

The artist Carolina Tafalla made reflect on the perception of friendship through the situational happening “Amigo”. Along with several volunteers, she went across the city center of Luxembourg to establish a friendship with pedestrians.

At the same time, the reknowed urban artist Miguel Ángel Belinchón, Belin, hypnotized with his postneocubist live painting that he finished at the end of the day. This time, he painted the Spanish actress Inma Cuesta.

The six-times Flat BMX world champion, brand ambassador and influencer Viki Gómez carried out two exhibitions and a BMX workshop for kids.

During the day, several shows and concerts took place at the Place d’Armes. Vicky Villalba and her flamenco team started the day off with a sevillanas exhibition. Next, La Negra Albina impressed the audience with their Cumbia Psychotropic-Funk style. In the afternoon, Baïkonour, pleased spectators with their trip-hop, rock and electro concert.

The day ended with the shows of the DJs Alex Torres and James Go. Both created a more relaxed environment and cheered up the audience at the illuminated Place d’Armes.

WORKSHOP AND NETWORKING DINNER

On Friday 18th, within the Journée de l’Espagne framework, the Tourist Office of Spain in Belgium and Luxembourg organized a workshop at the Meliá Hotel in Luxembourg in which the participating Autonomous Communities and companies of the tourist sector met with Luxembourgish tour operators with the objective of presenting the Spanish tourist offer. Afterwards, the Chamber organized a networking dinner.

The Chamber and the Spanish Tourist Office thank the Embassy of Spain in Luxembourg, the Ville de Luxembourg and all the participating companies their collaboration for the great end result of this event.

 

 

« 1 of 4 »

Participating companies:

The Embassy of Spain in Luxembourg celebrates the National Holiday

On October 10th, the Embassy of Spain in Luxembourg celebrated the National Holiday. The reception, which took place in the Cercle Cité of Luxembourg, was held in collaboration with the Official Spanish Chamber of Commerce in Belgium and Luxembourg and was sponsored by Adepa, Bankinter Luxembourg, Banca March, Renta4 Luxembourg, Onelife, PwC, Luxair Tours y Seat.

The event counted, among others, with the presence of members of the international diplomatic corps, officials of the European institutions, Spanish residents of the Grand Duchy and representatives of the Luxembourg Government such as the Minister of Finance, Pierra Gramegna.

H.E. Ambassador of Spain in Luxembourg Bernardo de Sicart Escoda thanked the attendees for their participation in the National Holiday, and the Chamber and the sponsoring companies for their collaboration in organizing the event.

Juan Rodriguez-Villa Matons, President of the Chamber, attended the reception with other members of the Board of Directors.

Hispania Brussels delighted the attendees with a Spanish haute cuisine catering.

« 1 of 2 »

The Embassy of Spain in Luxembourg and the Chamber are grateful for the collaboration of the sponsoring companies: