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News / Luxembourg to introduce a Simplified Limited Liability Company

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).
Source: Offtax.com as posted on 29.01.15

 

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