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This training is offered in the form of face-to-face training.
Catalog

Essential Aspects of the Company Law

Law

Description

Objectives

Upon successful completion of this course, the participant should be able to:

  • Understand different legal forms, main advantages and disadvantages of certain Luxembourg commercial companies (SA, SARL, SCS/SCSp) and identify the most suitable legal form for the contemplated corporate project

  • Understand main steps for the setting up a commercial company (SA, SARL, SCS/SCSp)

  • Be acquainted with the main roles and liability of different players intervening through the duration of a company (SA, SARL, SCS/SCSp): directors, shareholders…

  • Be acquainted and understand the key steps of life of a commercial company and their execution

Programme

  • General characteristics of companies

    • Definition and objectives of a company

    • Legal framework of companies in Luxembourg

  • Different legal forms of companies

    • Classification of companies

    • Selection criteria for the type of company: liability, open/closed capital, corporate governance...

    • Comparison of legal framework of the main forms of companies (SA, SARL, SCS/SCSp)

  • Conditions for the establishment of the main forms of companies (SA, SARL, SCS/SCSp)

    • Formal requirements

    • Material requirements (contributions, profit participation, prior licenses…)

    • Drafting of the articles of association and process of incorporation in practice

  • Status, role and liability of directors

    • Status of directors (appointment, powers, remuneration, revocation…)

    • Characteristics of delegation of the management powers

    • Conflicts of interest

    • Directors’ liability

  • Powers and liability of shareholders

    • Rights and obligations of shareholders

    • Liability of shareholders

  • Major events in the life of companies

    • Establishment and approval of annual accounts and distribution of profits

    • Amendment of articles of association

    • Transfer of securities

    • Operations concerning the subscribed capital

    • Dissolution - liquidation

Target Audience

Company founders (including start-ups) and managers, in-house lawyers and any other person willing to better understand key aspects of the Luxembourg company law.

Conditions

Course Material

Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.

Certificate

At the end of the training, the participants will receive a certificate of participation delivered by the House of Training.

Location
Chambre de Commerce Luxembourg
7, rue Alcide de Gasperi
L-1615 Luxembourg
Luxembourg
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