Public Limited Company

Luxembourg public limited company registration process is same as the process of the private company. The accompanying steps should be considered-

• Prior the company incorporation, EUR 31,000 as the share capital should be deposited in a corporate bank account in Luxembourg
• The bank will inform the notary that the share capital for the company has been issued by the candidate. Further, bank will issue a certificate.
• Then the incorporation meeting must be conducted in the notary with the shareholders and directors drafting the article of association of the company.
• After this, the notary will further release the share capital amount so as to carry out the company registration procedure in Luxembourg.
• Each document related with the incorporation deed, article of association, memorandum of association etc should be submitted with the Luxembourg Registrar of Companies (Registrar of Companies and Commerce). This submission should be made within a month.
• Incorporation details must be published in the electronic official gazette known as the Recueil Electronique des Sociétés et Association
• Issuance of the external auditor report will not be required, if 90% of the issued share capital is paid-up. Few requirements need to be met by the founder of the company-
1. Founders should consent to waive for the audit report issuance. 2. Waiver documents should be attached to the incorporation deed. 3. Contributing companies should have financial reserves which should be equivalent to the nominal worth.
• Once the company is incorporated no other compliance is to be met. Notary meeting validates the existence of the company.