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Open Simplified Limited Liability Company in Luxembourg

Updated on Wednesday 28th August 2024

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Open Simplified Limited Liability Company in Luxembourg
 
Foreign entrepreneurs can opt for opening a simplified limited liability company in Luxembourg or SARL-S as it is also known. With experience in company formation in Luxembourg, our specialists can help you with information and assistance in order to register this business structure. Moreover, in the following lines, you can discover details about this type of business structure.
 
 Quick Facts  
 How is a simplified limited liability company known in Luxembourg? SARL-S 

Who can form a SARL-S in Luxembourg? 

 Natural persons

Activities under SARL-S 

Great structure for traders, craftsmen, manufacturers, and specific liberal professionals, etc. 

Registration authority  Trade and Companies Register in Luxembourg 
Number of shareholders 

 At least 1

Minimum share capital 

EUR 1 

Main document for opening SARL-S in Luxembourg 

Private deed 

 Business permit

Issued by the Ministry of Economy in Luxembourg 

 Notarization of documents (YES/NO)

NO 

 Incorporation steps

- business name reservation and verification,

- drafting documents,

- obtaining a business license,

- registering for taxation, etc.

 Bank account required for SARL-S in Luxembourg (YES/NO)

YES 

Extra requirements 

The name of the business must end with "SARL-S". 

 Costs

 Administrative costs, publication, share capital, etc.

 Difference between SARL and SARL-S

Minimum share capital for SARL is EUR 12,000, while for SARL-S is EUR 1. 

 Working with our company formation agents in Luxembourg Our team can prepare the documents for opening a SARL-S in Luxembourg, register for taxation, apply for a business permit, and many more. Our services are at affordable costs. 

Who can register a SARL-S in Luxembourg?

 
SARL-S can be formed by natural persons, with a minimum share capital of EUR 1 and a private deed. It is not allowed to have more than 100 shareholders for this business entity. Moreover, the establishment of a SARL-S in Luxembourg is simple and fast, which helps local and foreign entrepreneurs start their activities as quickly as possible. If you are interested in this business structure or want to open a company in Luxembourg, do not hesitate to talk to our experts. We can successfully manage the formalities and prepare the documents for opening a SARL-S in Luxembourg.
 

Steps for incorporating SARL-S in Luxembourg

 
If you want to set up a company in Luxembourg and SARL-S is the preferred structure, our specialists can help you. In addition, you can get an idea of some of the most important procedures and formalities related to SARL-S registration in Luxembourg:
 
  • It is recommended to check and reserve the business name before starting the activities. It must be accompanied by "SARL-S" at the end.
  • The private deed is the basis of SARL-S registration in Luxembourg, without the need for notarization.
  • A corporate bank account for SARL-S is then opened in Luxembourg.
  • Next is the registration for tax payments in Luxembourg.
 
We invite you to contact the services of our local agents for company incorporation in Luxembourg if you want to incorporate a SARL-S. We can handle all aspects, including working with the relevant authorities.
 

Management of SARL-S in Luxembourg

 
SARL-S in Luxembourg can be controlled by one or more managers, and here it can also be about shareholders of the firm. Moreover, the Articles of Association must include information about the company's managers and their responsibilities. Also, the appointment of managers for SARL-S in Luxembourg can be made for a limited or unlimited term, depending on the preferences and objectives of the owners of the company. 
 

Difference between SARL and SARL-S in Luxembourg

 
SARL in Luxembourg can be established with a minimum share capital of EUR 12,000, while the simplified version, SARL-S, with only EUR 1. The registration of SARL is done with a notarial deed, but for SARL-S this is not necessary, being sufficient a private deed. Moreover, SARL can be established by natural persons or legal entities, while SARL-S can only be created by natural persons who become business partners.
 
Overall, SARL-S is the simplified version of SARL and often the right option for entrepreneurs who want to start a business in Luxembourg as soon as possible and without having to go through heavy company formation procedures.
 

Economy facts about Luxembourg

 
If you want to open a company in Luxembourg, it is good to know something about the economic direction of the country. Here are some interesting details that might help you in the future:
 
  • An increase in GDP in 2024 in Luxembourg of approximately 1.5% and 3% for 2025 is expected.
  • Inflation is decreasing in Luxembourg, but energy prices continue to support it.
  • The unemployment rate is somewhere around 5.6%, below the European average of 6.5%.
 
In addition to the services offered for SARL-S registration in Luxembourg, our specialists can also help you in other endeavors. For example, you can rely on our accountants in Luxembourg and discover the necessary services for the smooth functioning of a company.  Payroll in Luxembourg is one of the main services we provide to companies. Feel free to contact us soon.
 
 
 

Meet us in Luxembourg

Contact our specialists in company formation in Luxembourg, who have a large experience in finance and international business. 

Set up an appointment with us at +352 671 533 922. Alternatively you can incorporate your company without traveling to Luxembourg.
 

Contact us

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As a BridgeWest partner for many years, CompanyFormationLuxembourg.com is for sure a great choice when wanting to start a business in this important financial hub. International entrepreneurs can rely on the professionalism of this team.

Vlad Cuc, Director of BridgeWest www.bridgewest.eu

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