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Nominee directors can be appointed in Luxembourg companies under specific conditions. For more information about this role, please contact us at https://www.lawyers-luxembourg.com/. ____________________________________________________________ Business Registration in Luxembourg Setting up a company in Luxembourg implies respecting various regulations. Among them, appointing one or more directors is one of the most important. These can also be nominee directors. Laws on the Appointment of Nominee Directors The main law providing for the appointment of directors and managers in Luxembourg is the Company Law. There are no requirements for these companies to have resident managers. Nominee directors for Private Companies in Luxembourg The following requirements must be respected when appointing nominee directors for private limited liability companies in Luxembourg: • at least one director must be appointed; • the director can be a natural person or corporate entity; • the director can hold this office for 6 years. Requirements for Public Companies A public company must have at least 3 directors, natural persons, or corporations. In the case of corporate managers, they must appoint a Luxembourg agent to represent them. The Luxembourg Agent Acting as a Nominee Director The agent can be a natural person or company that resides in the Grand Duchy. Our lawyers in Luxembourg can offer various nominee services. Role of the Nominee Director Compared to other jurisdictions, a Luxembourg nominee director: • must act as a liaison with the local authorities; • must register the company with relevant agencies; • is in charge of the administration of company accounts; • must attend general annual meetings and participate in audits. Shareholders Acting as Directors It is possible for company shareholders to act as nominee directors in Luxembourg. For this purpose, however, they must meet certain requirements. Nominee Services Provided by Our Law Firm Our Luxembourg lawyers are at your service with various fiduciary services for companies, including nominee directors. Contact us for details on how we can help you!