Luxembourg PLC

A Public Limited Company in Luxembourg is a corporation whose assets are wholly liable for the company‘s liabilities. Its shareholders are accordingly only liable to the extent of their respective contributions. A PLC may be formed for the carrying on of commercial or non-commercial purposes and may take any form. It is formed through the recording of its articles of association by a notary and their subsequent publication in the Official Bulletin.
Key Features

Luxembourg Public Limited Company	Corporate Details
General
Type of Entity	PLC
Registered Office in Luxembourg	Yes
Registered Agent	No
Our time to establish a new company	7 days
Corporate Taxation	29.22%
Access to Double Taxation Treaties	Yes
Share capital or equivalent
Standard currency	€
Permitted currencies	Any
Minimum paid up	25%
Usual authorized	€ 31 000
Directors
Minimum number	1
Local required	No
Publicly accessible records	Yes
Location of meetings	Anywhere
Corporate directorship allowed	Yes
Members
Minimum number	1
Publicly accessible records	No
Corporate shareholder allowed	Yes
Location of meetings	Anywhere
Company Secretary
Required	Yes
Local or qualified	Yes
Accounts
Requirements to prepare	Yes
Audit requirements	Yes
Requirements to file accounts	Yes
Publicly accessible accounts	Yes
Other
Requirement to file annual return	Yes
Migration of domicile permitted	No

Advantages

1. High level of confidentiality
2. Absence of currency controls
3. Double Treaty Agreements with numerous countries
4. Issue of shares as bearer and registered
5. No special requirements for the directors and shareholders of the companies
6. Direct access to the local stock exchange

The Valsen Advantage

• Speedy, Efficient and consistent Services.
• Relentless effort to obtain bank accounts.
• Expert advice on structuring options.
• Dedicated ongoing compliance support.