Starting a business in Luxembourg

Legal Forms of Companies

Private Limited Company (S.A.R.L.)

Number of partners: Minimum 1 partners; maximum 40 partners. NB: 1 member for a sole proprietorship.
Capital (max/min): EUR 12,000, totally subscribed.
Shareholders and liability: Liability is limited to the amount contributed.

Public Limited Company (S.A.)

Number of partners: Minimum two natural or legal persons, without restriction on the number of partners.
Capital (max/min): EUR 30,000 with 1/4 released at the creation.
Shareholders and liability: Liability is limited to the amount contributed.

General Partnership (SENC)

Number of partners: One or more partners, no upper limit.
Capital (max/min): No minimum capital.
Shareholders and liability: Partners' liability is joint and unlimited on obligations and debts of the company.

Limited Partnership (SECS)

Number of partners: Minimum 2 with no limitation on the number of partners.
Two types of partners: active partners and sleeping partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Active partners' liability is joint and several. Liability of sleeping partners is limited to the amount contributed.

Cooperative Company

Number of partners: Minimum 7 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: Partners' liability is joint and several or divided, unlimited or limited to amount contributed depending on the status.

Business Setup Procedures

Source: Doing Business - Latest available data.