14.6 Luxembourg Corporate Forms (SA, SARL, SCS, SNC)
Corporate Forms in Luxembourg​
SA (Société Anonyme):
- Public limited company
- Minimum capital: €30,000
- Shares freely transferable
- More formal requirements
SARL (Société à Responsabilité Limitée):
- Private limited company
- Minimum capital: €12,000
- Most common for SMEs
- Shares not freely transferable
SCS (Société en Commandite Simple):
- Limited partnership
- General and limited partners
- Different liability
SNC (Société en Nom Collectif):
- General partnership
- All partners liable
- Less common
Accounting Implications​
Each Form Has:
- Different capital requirements
- Different accounting requirements
- Different PCN classifications
- Different filing requirements
Luxembourg Compliance Note​
Corporate forms in Luxembourg:
- Must comply with form-specific law
- Must meet capital requirements
- Must use proper PCN accounts
- Must file with RCS
- Must follow accounting standards
Think It Through​
What are the differences between SA and SARL? Why might an SME choose SARL?