{"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":"
\u27a2\tLimited liability company (SARL)<\/strong><\/p>\n A limited liability company (soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e – 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). Conditions \u27a2\tPublic Limited Company (SA)<\/strong><\/p>\n The public limited company (soci\u00e9t\u00e9 anonyme – SA) together with the limited liability company (soci\u00e9t\u00e9 \u00e0 responsabilit\u00e9 limit\u00e9e – 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. Conditions \u27a2 Limited liability company (SARL) A limited liability company (soci\u00e9t\u00e9 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[32],"tags":[],"yoast_head":"\n
\nIn Luxembourg, the SARL is the most widely used form of company (around 2\/3 of the companies in Luxembourg are SARLs).
\nAn SARL may have between 2 and 100 partners. There is also a ‘single member’ 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
\n\u2022\tminimum EUR 12.000,00 ;
\n\u2022\tmust be fully subscribed and fully paid up on formation ;
\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) ;
\n\u2022\tcontributions in industry (services or know-how) are not allowed.<\/p>\n
\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
\n\u2022\tminimum EUR 30.000,00 ;
\n\u2022\tmust be fully subscribed and at least one quarter of the nominal value of each share paid up ;
\n\u2022\tcontributions in cash or other than in cash ;
\n\u2022\tcontributions other than in cash must be recorded in an assessment report drawn up by a registered auditor (r\u00e9viseur d\u2019entreprises) ;
\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":"