{"id":1040,"date":"2016-10-24T17:41:21","date_gmt":"2016-10-24T15:41:21","guid":{"rendered":"https:\/\/www.matijal.lu\/en\/?p=1040"},"modified":"2023-02-02T08:07:40","modified_gmt":"2023-02-02T07:07:40","slug":"two-commom-forms-of-companies","status":"publish","type":"post","link":"https:\/\/www.matijal.lu\/en\/2016\/10\/24\/two-commom-forms-of-companies\/","title":{"rendered":"Two commom forms of companies"},"content":{"rendered":"<p>\u27a2\t<strong>Limited liability company (SARL)<\/strong><\/p>\n<p>A limited liability company (soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e &#8211; SARL) is a specific type of commercial company: it has the characteristics of a capital company (liability of the partners limited to the amount of their contributions) as well as the characteristics of a partnership (non-transferable company shares).<br \/>\nIn Luxembourg, the SARL is the most widely used form of company (around 2\/3 of the companies in Luxembourg are SARLs).<br \/>\nAn SARL may have between 2 and 100 partners. There is also a &#8216;single member&#8217; SARL, which is an exception to the traditional concept of company law, allowing a single partner to benefit from the advantages of an SARL.<\/p>\n<p>Conditions<br \/>\n\u2022\tminimum EUR 12.000,00 ;<br \/>\n\u2022\tmust be fully subscribed and fully paid up on formation ;<br \/>\n\u2022\tcontributions may be made in cash or other means, unlike public limited companies (soci\u00e9t\u00e9s anonymes -), contributions other than in cash do not require an independent valuation by a registered auditor (r\u00e9viseur d\u2019entreprises) ;<br \/>\n\u2022\tcontributions in industry (services or know-how) are not allowed.<\/p>\n<p>\u27a2\t<strong>Public Limited Company (SA)<\/strong><\/p>\n<p>The public limited company (soci\u00e9t\u00e9 anonyme &#8211; SA) together with the limited liability company (soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e &#8211; SARL) is one of the most common legal forms in Luxembourg. This form of company offers many advantages, including limited liability and regulated access to the capital.<br \/>\nIn Luxembourg, an SA is often chosen as a form of company for large businesses, but it is also an option for SMEs as the shares in such companies can be bearer shares and are therefore more easily transferable.<\/p>\n<p>Conditions<br \/>\n\u2022\tminimum EUR 30.000,00 ;<br \/>\n\u2022\tmust be fully subscribed and at least one quarter of the nominal value of each share paid up ;<br \/>\n\u2022\tcontributions in cash or other than in cash ;<br \/>\n\u2022\tcontributions other than in cash must be recorded in an assessment report drawn up by a registered auditor (r\u00e9viseur d\u2019entreprises) ;<br \/>\n\u2022\tin the event of a capital increase, the shareholders are granted preferential subscription rights (except where a justified subscription limit has been decided during an extraordinary general meeting).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u27a2 Limited liability company (SARL) A limited liability company (soci\u00e9t\u00e9 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[],"class_list":["post-1040","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.7.1 - 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