• Luxembourg to introduce a Simplified Limited Liability Company

    29-01-2015

    The Luxembourg Government is moving forward with the introduction of a simplified form of a limited liability company, the "Sàrl Simplifié" or "Sàrl-S" (Société à Responsabilité Limitée Simplifiée).

    A new bill has been adopted but it has yet to be introduced in Parliament.

    The Sàrl-S registration would apply to companies that have qualified for a trade license and its main features include:

    1. lower incorporation costs.
    2. simpler and faster incorporation process.
    3. minimum capital requirement of €1 (as opposed to €12,395 for the current limited liability company).
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EUCED - European Network for Economic Cooperation and Development is a European Economic Interest Grouping (EEIG), as per EU Council Regulation # 2137/85, established for European and worldwide economic and development operations. As well as, the status of an European Business Association.

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