In order to support businesses during the ongoing COVID-19 pandemic, the Luxembourg legislator has enacted new laws extending certain statutory deadlines.

On 5^th July 2020, amendments to the Romanian Company Law entered into force, simplifying the procedure for setting up new companies in Romania.

On 12^th June 2020, the Australian government enacted legislation obliging each director to register and be issued with a Director Identification Number (DIN).

As of 10^th January, the authorities of Paraguay adopted Ley de Referencia” (Law 6446/2019), which was formerly regulated by Decree 3241, implementing an Administrative Register of Legal Entities and Ultimate Beneficial Owners.