FIDUCIARY
LUXEMBOURG - PARIS - GENÈVE
Luxembourg Public limited liability companies (SA) and corporate partnerships limited by shares can issue bearer shares. There are strict regulations regarding holding and keeping bearer shares. They must be held by a professional depositary (as for example a Luxembourg CPA)
The liquidation procedure of a company occurs in three stages. It starts with the General Assembly which must take place in presence of a notary for PLCs, LLCs and Partnerships Limited by Shares.
Directors of Publicly Limited Companies that bear important losses must enact a special procedure, or risk having their personal liability engaged.
In order to make itself even more attractive as a financial center and to compete with legislation from Germany, Switzerland, Austria, Belgium and Holland, Luxembourg has added a highly anticipated inheritance planning instrument to its legislative arsenal, a tool which could be qualified as a ...
A convertible bond offers bondholders the possibility to convert their bond into shares (according to a predefined conversion rate, for example one bond for one share). Since convertible bonds allow bondholders to obtain company shares, the issuance of convertible bonds must follow the same ...
In Luxembourg, selling a business transfers tangible and intangible assets via a written private agreement. This automatically transfers work contracts and lease conditions, although a new business license is required. Taxation covers corporate taxes and VAT rules for asset transfers.
A LUXEMBOURG SPF HOLDING (PRIVATE WEALTH MANAGEMENT COMPANY) IS EXEMPT FROM ALL TAXES (WITH THE EXCEPTION OF A SUBSCRIPTION TAX AT 0.25%) One of the conditions that a SPF company must satisfy to benefit from this unique tax system is to limit its business activities to the acquisition, ...
A partnership limited by shares (known as either SCA or SECA in Luxembourg) is a tool which is increasingly used in international tax planning operations, due to its original hybrid structure. These companies have certain characteristics of both a partnership and a corporation. There are two ...
Setting up a corporate branch in Luxembourg is carried out through private deed recorded in the Trade Register and published in the Memorial. A branch does not have its own share capital or own moral personality independent from the main company on which it depends. As a result, it cannot go ...
Expertise
Précis de droit comptable et aspects fiscaux
April 2023, publication of the new edition of the Précis de Droit Comptable, by Denis Colin, manager of the Fiduciaire LPG