The Luxembourg Government has announced that the minimum and maximum social security contribution basis has been increased by the Law of 12 July 2019, which has retroactive effect from 1 January 2019. This includes that the monthly minimum basis is set at EUR 2,716.68 (EUR 32,600.16 minimum annual basis) and the monthly maximum basis is set at EUR 10,488.75 (EUR 125,865 maximum annual basis). In addition, for the dependency insurance contribution, which is levied on gross professio…