Corporate Law & Business Law
Simplified Limited Liability Company (SARL-S)
The SARL-S allows for simplified constitution with capital from 1 to 12,000 euros. Partners, activity, and formalities remain regulated.
Lexicon
Corporate Law & Business Law
Limited Liability Company (SARL)
The SARL is a capital company whose partners generally bear losses up to the amount of their contributions. The classic Luxembourg SARL has a minimum capital of 12,000 euros and is constituted by notarial deed. Its operation and the transfer of shares are governed by law and the articles of association.
The choice must consider the intended investors, signing powers, and the future exit of partners. Limited liability does not protect against personal guarantee commitments and does not exempt the manager from fulfilling obligations. Therefore, the risk of the partner and that of the manager must be examined separately.
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Corporate Law & Business Law
Management of SARL
The management directs and represents the SARL. Appointment, signatures, and corporate mandate: verify who can bind the Luxembourg company.
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Approval of a share transfer
Approval authorizes certain transfers of SARL shares. Majority, articles, and pre-emption: useful checks before a sale.
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Share capital
Share capital corresponds to contributions allocated to the capital. Understand the minimums according to the company and the difference with cash.