Electronic signature

Posted Posted in Companies law, Electronic signature

Digital identity – electronic signature – legal recognition In the wake of COVID-19, teleworking has increased significantly and remote business exchanges have become the norm. In this respect, the electronic signature (e-signature) offers a simple and efficient alternative for people and companies who need to execute documents or agreements remotely. E-signature Until recently, a signature […]

Management expertise

Posted Posted in Companies law, Management expertise

Right to information of shareholders – management expertise (article 1400-3 of the companies law) – application to limited liability companies (yes) – application to foreign subsidiaries (upon certain conditions) – implementation (details) Right to information In some instances minority shareholders consider that they are not sufficiently informed about the activities of the company in which […]

Register of beneficial owners

Posted Posted in Beneficial owner register (Luxembourg), Companies law

Register of beneficial owners – identification of beneficiaries – limitation of access to information – assessment criteria Background surrounding the setting up of the Register of beneficial owners In view to comply with international requirements on transparency of legal persons,  Luxembourg legislator enacted on 13 January 2019 the law establishing the Register of beneficial owners¹ (the […]