Skip to content
CERNOLAW FIRM, home

Companies & entities

Incorporating a public limited company (SA) in Luxembourg

The Luxembourg public limited company (SA) is a share company suited to capital-intensive projects: minimum capital of 30,000 EUR, freely transferable shares, and governance through a board of directors or a management board. It is incorporated by notarial deed. The firm drafts the articles of association and organises the governance.

In short

The public limited company (SA) in Luxembourg is a share company suited to capital-intensive projects, with a minimum capital of 30,000 €, at least one quarter paid up at incorporation. Its shares are in principle freely transferable. It is run by a board of directors or management board and incorporated by notarial deed.

4,7/581 client reviews on GoogleRead the reviews

Maître Cora Maglo, Avocate à la CourResponsible for legal content: Maître Cora Maglo, Avocate à la Cour, Liste I du Barreau de Luxembourg depuis 2009. · Applicable law: Luxembourg

Incorporating an SA in Luxembourg: key points at a glance

Fees, timeframes, documents and deliverables
ItemWhat to know
FeesFixed SA fee announced. Depending on the governance and the complexity.
Indicative timingComparable to the SARL: deeds within a few days, incorporation within one to two weeks.
Documents required
  • Allocation of capital and shareholders
  • Preferred governance model
  • Corporate object of the activity
Deliverables
  • Articles of association of the SA
  • Shareholders\' agreement
  • Support with notary, RCS and RBE

The SA is well suited to structures that aim to open up their capital, bring in investors or operate through shares. It is more formal than the SARL but offers greater flexibility for the movement of capital.

Cerno Law Firm structures your SA, drafts the articles of association and the shareholders\' agreement, and oversees the governance.

Incorporating an SA in Luxembourg: when should you call on the firm?

You want a share company that is open to investors.

The governance of an SA must be precisely organised.

What happens if you do nothing?

Poorly calibrated governance, exposed directors\' liability, no shareholders\' agreement in place.

A poorly structured SA hampers capital transactions.

How does the firm step in?

Choosing between a board of directors and a management board, drafting the articles of association and the shareholders\' agreement, and supporting the incorporation.

Framing the corporate bodies and the liability of the directors.

Practice areas

When to call on the firm

  • Raise funds or open up the capital.
  • Structure a capital-intensive project.
  • Organise governance through shares.
  • Prepare a transfer of shares.

Start online

Start your case in under 5 minutes

A simple, transparent process supervised by a lawyer admitted to the Luxembourg Bar.

Today, most cases can be initiated entirely online. Our digital tools streamline administrative steps so the lawyer can focus on the legal analysis of your situation.

Step 1 of 5 · 3 to 5 minutes

Describe your need

Select your issue, answer a few simple questions and share your documents if needed.

What you get

  • Initial qualification of the case
  • List of useful documents
  • Secure transmission
Start my assessment

What reassures our clients

Confidentiality

Lawyer’s professional secrecy.

Speed

Start your case online 24/7.

Transparency

Fees communicated before engagement.

Expertise

Review by a lawyer of the Luxembourg Bar.

Simplicity

Under 5 minutes to open your case.

Fixed SA fee announced

Depending on the governance and the complexity.

Get a quote

FAQ

Frequently asked questions

What is the minimum capital for an SA?

30,000 EUR, of which at least one quarter must be paid up on incorporation.

Board of directors or management board?

An SA may have a one-tier structure (board of directors) or a two-tier structure (management board and supervisory board). The firm advises you according to your project.

Are the shares freely transferable?

In principle yes, but the articles of association and a shareholders\' agreement may regulate transfers (pre-emption rights, approval clauses).

Member of

Affiliations & professional networks

  • Barreau de Luxembourg
  • European Immigration Lawyers Network (EILN)
  • Union des Avocats Européens (AEA)
  • Cross Border Advisory Solutions
  • Institut Luxembourgeois des Administrateurs (ILA)
  • Association Luxembourgeoise des Juristes de Droit Bancaire (ALJB)

Free guide · PDF

The practical guide to secure your next step

Checklists, key steps and points to watch, prepared by the firm. Get it instantly, no strings attached.

  • The key steps, explained simply
  • The documents to prepare
  • The common mistakes to avoid
Written by a lawyer 100% free No commitment Instant download

Get it now

Free. No credit card. Unsubscribe in one click.

Written by Maître Cora Maglo, attorney at law.

Free diagnostic

Not sure where you stand? Get an answer in 2 minutes.

A few questions are enough to identify your need and the right legal answer, with no sign-up and no commitment.

Founded in 2013; Maître Cora Maglo has been admitted to the Luxembourg Bar since 2009

2013
independent firm
2009
at the Bar since 2009
4,7/5
81 Google reviewsRead reviews

Expertise & authority

Ongoing review and analysis of Luxembourg and European case law

Avocate à la Cour, List I of the Luxembourg Bar since 2009

Trained at the London School of Economics, formerly at Clifford Chance and Bonn Steichen & Partners

Member of international networks: EILN, AEA, Cross Border Advisory Solutions

Every matter handled and approved by a lawyer admitted to the Bar

Support in French and English

They talk about us

The firm referenced and cited

Professional directories, business press and legal publications where Cerno Law Firm and Maître Cora Maglo are referenced.

  • Paperjam
  • Editus
  • AmCham Luxembourg
  • ICLG, Corporate Immigration
  • Lexology
  • Startup Luxembourg
  • Alumni Université de Strasbourg
  • DatoCapital
  • Lawzana
  • Sitipro
  • Opendi Luxembourg
  • Yellow.lu
  • Luxembourg.co
  • Legalist
  • Global Law Lists
  • Debitura

Let’s talk about your matter

Describe your situation: you receive an initial analysis and a transparent quote, with no obligation. One dedicated lawyer, from start to finish.

Why contact us?

  • Response within 48 working hours
  • Professional secrecy guaranteed
  • Fees announced in advance
  • A single dedicated lawyer
  • Companies, investors and individuals

It only takes a few minutes to submit your matter.