Would you like to open a limited liability company (SARL) in Luxembourg? Find out how you can set up this type of company from our Luxembourgish partners.
For more information about this topic and for legal assistance you may contact our company formation specialists in Luxembourg. http://www.companyformationluxembourg.com/contact
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How to Open a SARL Company in Luxembourg
1. SET UP SARL COMPANY
IN LUXEMBOURG
A presentation brought to you
by BridgeWest.eu
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2. SARL in Luxembourg
• A Luxembourg SARL means a Societe a Responsabilite
Limitee, which is actually a limited liability company in
Luxembourg.
• All the rules for setting up a limited liability company in
Luxembourg are stated in the Commercial Companies Law.
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3. The Minimum Share Capital for
a SARL in Luxembourg
• A minimum of 12,400 EUR is required for the
incorporation of a Luxembourg SARL.
• This sum has to be deposited before the company
registration procedure in Luxembourg.
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4. The Minimum Share Capital
for a SARL in Luxembourg
• The contributions for opening a SARL in
Luxembourg can be made in cash and the capital will
be divided into shares.
• These shares must have the same value, which
cannot be lower than 24.79 EUR.
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5. Shareholders of a SARL in
Luxembourg
• The number of founders of a limited liability company
in Luxembourg has to be between two and forty.
• The liability of the founders for the company's debts
and obligations is limited to their initial contributions.
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6. The Management Structure for
a SARL in Luxembourg
• A limited liability company in Luxembourg must have a
management board formed of at least one manager.
• If the incorporation documents do not mention the name
of the manager, it is the responsibility of the general
meeting to make this decision.
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7. The Management Structure for
a SARL in Luxembourg
• Managers have an important role in the organization
of a limited liability company in Luxembourg.
• They may even be able to represent the company in
front of third parties.
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8. Supervision and Evaluation of
a SARL in Luxembourg
• If the Luxembourg SARL has more than 25 shareholders,
it is compulsory to have one or more auditors that
supervise the activity of the company.
• Also, if the balance sheet of the company after two
years exceeds 3.125 million EUR or the turnover exceeds
6.25 million EUR, supervision is mandatory.
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9. Supervision and Evaluation of
a SARL in Luxembourg
• When a limited liability company in Luxembourg has more
than 50 employees, it must have an auditor to evaluate the
company's activity.
• Auditors also prepare reports regarding the financial
activity of the Luxembourg SARL.
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10. Other Requirements for a
SARL in Luxembourg
• The Ministry of Middle Classes issues business
licenses for all companies in Luxembourg, including
limited liability companies.
• Our specialists offer you legal assistance for opening
limited liability companies and other types of firms also
in other European countries, such
as Poland, Italy and Hungary.
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11. Thank you for your
attention!
Please contact us for more information at:
(+44)203-287 0408
office@bridgewest.eu
http://www.companyformationluxembourg.com/
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