Mickaël LOC/Local managerFRENDE
Local manager · resident director · Luxembourg

A local manager manages, he does not lend his name.

For a foreign group opening a subsidiary, for a buyer replacing the departing founder, or for a holding that must prove its substance, a resident manager is often the condition of a defensible file. I accept a limited number of manager mandates, held in my own name, with real decision power, a fixed fee and a written exit.

✓Establishment authorisation 10077275, verify on the official register

Direct answer
A local manager is a Luxembourg-resident manager, appointed gérant of a private limited company and filed at the RCS, who exercises real management on behalf of shareholders established abroad. He examines files, takes part in decisions, answers banks and administrations, and bears personal responsibility.
Key facts
Roles accepted
Gérant of a SARL, administrateur of an SA, transition manager, authorised manager within the perimeter of my activities
Legal framework
Amended law of 10 August 1915; law of 2 September 2011 for activities subject to authorisation
Fees
Annual fixed fee or bounded engagement fee, agreed in advance. No success fee on a corporate mandate.
Limit
No management of a regulated activity outside the perimeter of my nine authorisations
Public reference
Establishment authorisation No. 10077275, nine activities, verifiable on Guichet.lu
Capacity
Deliberately limited so that each mandate receives real time
Last verified
3 October 2026

When a local manager is needed

A foreign group creates a Luxembourg subsidiary

The company needs a reachable manager who understands the file, answers the bank and proves that decisions are taken in Luxembourg.

Need: substance and bank access
A founder leaves the business sold

The buyer is not always ready to manage alone from closing. A transition mandate prevents the company from being left without a manager or the founder staying by default.

Need: continuity
A holding must prove its substance

Board meetings held in Luxembourg, documented resolutions, a manager who is present: without these, the place of effective management can be challenged.

Need: tax residence
An authorised activity requires a qualified manager

Within the perimeter of my nine activities, I can carry the effective management after reviewing the file. Outside that perimeter, the answer is no.

Need: authorisation

What the mandate actually contains

  • Traceability of decisions. Dated resolutions, minutes, a conflict-of-interest register, consistent with the accounts.
  • A second reading before commitment. Financing, related parties, distributions and significant contracts examined before signing.
  • A reachable counterparty. An identified, resident manager who answers a bank or an administration in the language of the file.
  • A defensible refusal. The value of a manager is concentrated in the decisions he refuses to take.
The distinction that matters

A nominee lends a signature and stays out of the decision. A local manager takes the office and bears its consequences. Banks, administrations and buyers now distinguish the two very well. Nor is this domiciliation: domiciliation is a matter for a partner law firm and is not covered by my authorisations.

Acceptance criteria, the manager's responsibility and mandate formats are detailed on the Directorship page. This page deals with the particular case of the local manager and of transition. The guide Mandat d'administrateur au Luxembourg : le dossier de contrôle avant signature (in French) sets out twelve checks with their sources.

Three formats

Most requested
01 · Transition

Transition manager after an acquisition

Buyers and groups replacing a departing founder who want a framed handover period.
  • Provided for in the memorandum of understanding, with appointment and resignation resolutions
  • Banking powers defined, written handover plan
  • Time-boxed mandate, exit clause
  • Written report at the end of the period
Engagement feeSet in writing, with no success component.
02 · Subsidiary

Local manager of a subsidiary

Foreign groups with a Luxembourg company to manage.
  • Appointment and RCS filing, RBE update
  • Meetings and resolutions held in Luxembourg
  • Interface with the accountant, the bank, the lawyer
  • Annual governance review
Annual feeQuoted after reviewing the file.
03 · Authorised

Authorised manager

Companies whose activity falls within the perimeter of my authorisations.
  • Effective and permanent management exercised in my own name
  • Relationship with the Ministry of the Economy
  • Compliance of the activity with the authorisation
  • Excluded for any activity outside my nine activities
Annual feeQuoted after reviewing the file.

Organising a transition after an acquisition

The exit is documented before the entry: a transition that is not written becomes a permanent mandate by default.

Step 01
Provide

The transition appears in the memorandum of understanding: duration, powers, the founder's resignation, the transition manager's appointment.

before signing
Step 02
Verify

File review, beneficial-owner KYC, conflict-of-interest review, engagement letter.

before closing
Step 03
Exercise

Banking powers, resolutions, review of commitments, handover by area.

duration of the mandate
Step 04
Exit

Resignation filed, successor appointed, end-of-engagement report.

on the agreed date

What I do not accept

  • Mandates where the expectation is a signature with no real role in the decision.
  • Structures whose beneficial ownership cannot be documented to a normal anti-money-laundering standard.
  • Management of an authorised activity outside the perimeter of my nine authorisations, or without own qualification.
  • Fees indexed to the value of a transaction, to a success, or a stake in the capital on a corporate mandate.
  • Any mandate in a company for which I receive a fee conditional on closing.

Start with the NDA

Document · Mutual NDA · Luxembourg law
Confidentiality agreement, corporate engagements and directorships
To be signed before any name, structure or counterparty is discussed. Readable online, or downloadable as a PDF to return signed.
Draft subject to legal validation. The NDA is a structured template, not legal advice. Its scope and wording must be validated by a Luxembourg legal professional before use.

Intents covered by this page

IntentLocal managerResident manager for a company held from abroad.IntentTransition managerFramed handover period after an acquisition.IntentResident directorSubstance, bank access, effective management.IntentDetailed mandatesCriteria, responsibility, formats.Directorship page →

Authorisation certificates to download

Each certificate is the official document issued by the Ministry of the Economy, with its QR code. Scan the QR code with the GouvCheck app, which checks the authenticity and currency of the document.

GouvCheck QR code of authorisation 10077275 / 0
10077275 / 0
Accountant (comptable)
Issued 25/03/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 1
10077275 / 1
Real estate agent
Issued 25/03/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 2
10077275 / 2
Real estate business introducer
Issued 25/03/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 3
10077275 / 3
Auxiliary commercial activities and services
Issued 25/03/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 4
10077275 / 4
Shared workspace and offices with auxiliary services
Issued 16/04/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 5
10077275 / 5
National road freight, vehicles under 3.5 tonnes
Issued 16/04/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 6
10077275 / 6
Property manager and co-ownership syndic
Issued 22/05/2025
Download PDF ↓
GouvCheck QR code of authorisation 10077275 / 7
10077275 / 7
Real estate developer
Issued 22/05/2025
Download PDF ↓

The authorisation is personal and revocable. Public verification: official Guichet.lu register.

Evidence and verification

Every statement on this page that can be verified independently is listed below with its source. Items that cannot yet be verified are flagged and are not presented as facts.

Claim
Evidence
Source
Establishment authorisation 10077275
verifiableNine activities, issued by the Ministry of the Economy
Public register Guichet.lu
Manager of an authorised activity
verifiableEffective and permanent management required of the holder
Law of 2 September 2011
Responsibility of the manager
verifiableManagement faults, breaches of the law or the articles
Amended law of 10 August 1915
Mandate capacity
declaredDeliberately limited, availability communicated when the file is opened
Statement by the holder

This page follows the site's editorial policy: a statement is either sourced or flagged. Corrections follow the corrections policy. The content is general information, not legal or tax advice.

Frequently asked questions

What is a local manager in Luxembourg?
A local manager is a Luxembourg-resident manager, appointed gérant of a private limited company and filed at the RCS, who exercises real management on behalf of shareholders established abroad. He examines files, takes part in decisions, answers banks and administrations, and bears personal responsibility.
Must a Luxembourg company have a resident manager?
No single rule imposes it in every case. The requirement appears indirectly: place of effective management for tax residence, conditions of the establishment authorisation for regulated activities, bank expectations at opening and at account review. A company managed only from abroad is exposed.
Is a local manager a nominee?
No. A nominee lends a signature and stays out of the decision. A local manager exercises the office: he reads the accounts, forms an opinion, refuses what cannot be defended. I accept only the second case, and I refuse any mandate where the expectation is a signature detached from the decision.
Can a local manager manage a regulated activity?
Only within the perimeter of his own authorisations and qualifications. For my nine authorised activities, it is possible after reviewing the file. For any other activity subject to authorisation, the manager must hold the qualification specific to that activity, which excludes this service.
How is a transition period organised after an acquisition?
By a time-limited manager mandate provided for in the memorandum of understanding: appointment and resignation resolutions filed at the RCS, handover plan, definition of banking powers and an exit clause. The exit is documented before the entry, so that the company is never left without a manager.
How is a local manager paid?
By an annual fixed fee or a bounded engagement fee, agreed in advance according to the scope of the role, the exposure and the meeting rhythm. No success fee or percentage on a transaction is accepted on a corporate mandate, to preserve the independence that justifies the role.

Read next

Related pageDirectorship mandatesAcceptance criteria, responsibility, formats.Read →Related pageSell your business in LuxembourgPreparation, buyers, closing.Read →Related pageFind a successorHandover and transition period.Read →ReferenceEstablishment authorisation 10077275The nine activities and the official register.See the authorisations →

Describe the company and the role expected.

Entity, activity, shareholding, desired duration. If the file is not one I can take, you will know at the first exchange, and you will know why.

Open a mandate discussion →