Would you like to know what are the types of companies available for incorporation in Luxembourg? Discover them in our concise presentation. We are a law firm in Luxembourg, specialized in various legal matters and we can help you choose the most suited type of company for your business needs. For a personalized offer, please contact our lawyers in Luxembourg at: http://www.lawyers-luxembourg.com/
Horngren’s Financial & Managerial Accounting, 7th edition by Miller-Nobles so...
Types of Companies in Luxembourg
1. TYPES OF COMPANIES IN
LUXEMBOURG
A presentation brought to you by
Lawyers-Luxembourg.com
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2. 2
Company Types in
Luxembourg
• There are several types of legal
entities which can be incorporated in
Luxembourg:
private limited company (SA);
limited liability company (GmbH);
collective company (SNC);
limited partnership (SCS);
company limited by shares (SCA);
cooperative society (CS);
cooperative society functioning as a SA
(COOPSA).
3. 3
The Main Types of
Companies in Luxembourg
• Just like in other countries in the world
like Singapore, the most common type of
company is the limited liability company.
• There are two types of limited liability
companies available in Luxembourg:
the private limited liability company and
the public limited liability company.
4. 4
The Private Limited Liability
Company in Luxembourg >>
• The private limited liability company is a
company whose liability is limited to the
contribution of each partner.
• The number of members may vary from 1 to
40.
• The legal entities of this type can be
constituted by a single shareholder and are
called sole proprietorship.
5. 5
>> The Private Limited Liability
Company in Luxembourg
• The share capital of the LLC is 12,500 EUR
which must be fully paid at the incorporation
of the company.
• The share capital may be expressed in a
currency other than the euro.
• Our lawyers in Luxembourg can provide you
with legal assistance in the process of opening
a private limited liability company in this
country.
6. 6
The Public Limited Liability
Company >>
• The public limited liability company may
be incorporated by just one founder with no
limit of the number of members for the
corporation.
• The share capital is rounded to 31,000
EUR and may be expressed in a currency
other than the euro.
• At least 7,500 euros must be paid at
incorporation and the rest in a time which
should not exceed five years.
7. 7
>> The Public Limited
Liability Company
• The proof of the paying in cash is
constituted by a blocking certificate of
funds by the bank.
• The certificate is delivered to the notary at
the time of incorporation.
• In case the shareholders fail paying in
time their contribution to the share capital,
the founders who are jointly liable are
obliged to pay for shares up to 25%.
8. 8
Other Types of Firms in
Luxembourg >>
• If you are interested in starting a business
in Luxembourg, you should know all the
available company types in this country:
Investment funds;
Societe d’ Investissement a Capital
Variable(SICAV);
Societe d’ Investissement a Capital
Fixe(SICAF)
9. 9
>> Other Types of Firms in
Luxembourg
• There are also other types of
companies available for incorporation
in Luxembourg:
Société d’investissement en capital
à risqué(SICAR);
Specialized Investment Fund (“SIF”);
Société de Gestion de Patrimoine
Familial (SPF)
10. 10
Legal Assistance in
Luxembourg
• For more details about each type of
company available in Luxembourg, you
may contact our local lawyers.
• If you need help with the incorporation
procedure in this country, our lawyers
in Luxembourg are at your disposal.
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Thank you for your
attention!
Please contact us for more information at:
(+352)274.404.23
office@bridgewest.eu
http://www.lawyers-luxembourg.com/