The six types of company

 

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 companyprivate 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 partnershipco-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:

  1. There is a single-member form of this company
  2. Corporation tax (Impôt sur le revenu des collectivités)
  3. Personal tax (Impôt sur le revenu des personnes physiques)