LEGAL FORMS IN LUXEMBOURG

Public Limited Company (SA) A quite common form of registration in Luxembourg. The minimum capital for an institution is € 31,000; 25% of the capital amount is paid at the time of registration; individuals and legal entities, residents, and non-residents of Luxembourg are entitled to be shareholders (minimum - two shareholders, maximum - without restrictions); the issue of registered and bearer shares is permitted; shareholders, in general, are free to transfer their shares to third parties, subject to appropriate registration and compliance with the provisions of the Memorandum of Association of the company; The company is governed by a board of directors consisting of at least three members. Foreigners are entitled to be directors. Nominee directors are allowed; information on directors is entered in the open register of Luxembourg; the register of shareholders is kept at the registered office in Luxembourg; the company is obliged to appoint an auditor for annual reports. https://www.register-company.eu/en/company-luxembourg/