LLC in luxembourg
A Limited Liability Company is a joint-stock company, but the identity of the partners is of primordial importance
Consequences of this provision:
- The identity of the shares’ owner is always known. Bearer shares are not authorized in Limited Liability Companies.
- The transfer of shares is subordinated to legal provisions, in particular the conclusion by a published notarial deed.
The Limited Liability Company requires a minimum of one partner (owner of the shares) and one manager (responsible for the daily management). These two functions can be carried out by the same person.
Partners or managers can be of any nationality.
The minimum subscribed and paid-up capital amounts to 12.000€.
The corporate activity is described in the object of the company.