|
Société Anonyme (S.A.) |
Société à respons-abilité limitée (S.à r.l.) | Société en commandité par actions (S.e.c.a.) | |
|
English/ US law equivalent |
public limited company | private limited company |
partnership limited by shares |
|
Form of deed |
notary’s |
notary’s |
notary’s |
|
Publication of deed |
in full |
in full |
in full |
|
Min. number of participants |
2 |
2 (1) |
2 |
|
Minimum capital |
EUR 30,986.69 |
EUR 30,986.69 |
|
|
Participants’ liability |
limited |
limited |
unlimited or limited |
|
Transfer of shares |
possible (but the Articles may provide for restrictions) |
controlled |
prohibited or possible |
|
Tax liability |
IRC (2) |
IRC (2) |
IRC (2) |
|
Mainly used by |
larger businesses |
medium sized businesses of all kinds |
rarely used |
| Société en nom collectif (S.e.n.c.) | Société en commandité simple (S.e.c.s.) |
Société co-operative (S.C.) |
|
|
English/ US law equivalent |
limited partnership | co-operative | |
|
Form of deed |
notary’s or under private seal |
notary’s or under private seal |
notary’s or under private seal |
|
Publication of deed |
short form |
short form |
in full |
|
Min. number of participants |
2 |
2 |
7 |
|
Minimum capital |
- |
- |
- |
|
Participants’ liability |
unlimited |
unlimited for general partners; limited for limited partners |
according to the Articles |
|
Transfer of shares |
normally prohibited (but the Articles may provide for departures from this rule) |
normally prohibited (but the Articles may provide for departures from this rule) |
prohibited |
|
Tax liability |
IPP (3) |
IPP (3) |
IRC (2) |
|
Mainly used by |
family-run small to medium sized commercial and craft businesses |
businesses of all kinds |
|
Source: Based on Doing Business in Luxembourg, Luxembourg Chamber of Commerce
Notes: