Dans nos précédents cahiers de MNKS (qui deviennent désormais les cahiers de PwC Legal) consacrés aux conventions d’actionnaires[1], nous avons brièvement présenté les principales clauses destinées à restreindre la cessibilité des titres d’une société,
On December 18, 2018 the Luxembourg Parliament adopted Draft Bill of Law n° 7217 providing for the establishment of a Register of Beneficial Owners to be named “RBE”
On 18 December 2018, the bill of law 7217 setting up a register of BOs of Luxembourg legal entities (the so-called “RBE”) has been passed in Parliament.
Yesterday, the Luxembourg Parliament adopted the law creating a central register of beneficial owners of companies and legal entities (the “Law”). This alert summarises future obligations to be met, potential penalties in case of non- compliance and how we can assist you.
In our previous « MNKS booklet » dedicated to shareholders’ agreements[1], we briefly described the main contractual and statutory clauses that are designed to restrict the transferability of shares of a company, to ensure the maintenance of the structure of the share capital and to organise the withdrawal in whole or in part of some of the company’s shareholders in certain circumstances.
On September 14th 2018, the Law of August 31st 2018 (hereafter the “Law”) was published in the Luxembourg Memorial A. The Law entered into force on September 18th2018 allowing the use of the "SIS" sign by companies authorised as societal impact companies,
The Luxembourg private wealth management company (hereafter: SPF – société de gestion de patrimoine familial), governed by the Law of 11 May 2007, is a private wealth management vehicle which enables individuals to structure their estate in a simple, flexible, unregulated and tax-efficient manner
Dans nos deux précédents cahiers de MNKS consacrés aux conventions d’actionnaires[1], nous avons présenté brièvement les principales clauses conventionnelles destinées respectivement à (a) restreindre la cessibilité des titres d’une société, à savoir les clauses d’inaliénabilité, les clauses d’agrément et les clauses de préemption et (b) assurer le maintien de la structure du capital social d’une société
In our previous « MNKS booklet » dedicated to shareholders’ agreements[1], we briefly described the main clauses restricting the transferability of shares in a Luxembourg commercial company: clauses of inalienability, approval clauses and pre-emption clauses.
Under the influence of common law, we have been assisting for many years in the exponential development of extra-statutory agreements under Luxembourg law (commonly known as shareholders agreements or partnership agreements or any combination of these terms).
