With a stable economy, permissive legislation, excellent infrastructure, and a favorable charging system, Luxembourg is among the preferred countries for opening or developing a business. The formalities for setting up a company are quite simple, and foreign investors can open their operations in sectors such as finance, information, and communication technologies, research and development, automotive, shipping, and logistics. Here are some data and statistics that outline the economic direction of Luxembourg:
Frequently Asked Questions
Our company formation agents in Luxembourg often receive questions about the available types of partnerships in Luxembourg, and particularly about special limited partnerships. We present you with a few of these questions, hoping that the answers will help you before we start our collaboration.
1. What is a SLP in Luxembourg?
SLP is the abbreviation for a special limited partnership, or SCSP in Luxembourg, a flexible form of business that is preferred by numerous foreign entrepreneurs. The registration is quite simple if you discuss it with our local agents.
2. Why does SLP not have a legal personality?
SLP can be formed by partner entrepreneurs who are fully responsible for the obligations and duties of this form of business. In addition, each partner is responsible for his or her share of the investment or financial contribution to the business.
3. What rights do partners have in an SLP in Luxembourg?
Business people who partner for a SLP in Luxembourg can decide on new partners, support business rules and establish voting rights together. More information in this direction can be found by contacting our specialists.
4. How is an SLP registered in Luxembourg?
Special limited partnership registers, like any other type of company, respecting the rules and formalities imposed by the Trade Register in Luxembourg. Because we collaborate with the institutions in this country in terms of setting up companies and documents, we can help you with the registration of a SLP in Luxembourg.
5. What can SLP be used in Luxembourg?
Special limited partnerships are suitable structures for those interested in microfinance funds, venture capital funds, private equity funds, for example. If you are interested in this flexible structure, do not hesitate to talk to us and find out all the details.
6. Are SLPs the subject of corporate tax in Luxembourg?
No, those who have SLP in Luxembourg
do not have to pay corporate tax. This is a great advantage for foreign investors
who want to grow their business in this country.
7. How many people can manage a SLP in Luxembourg?
SLP in Luxembourg can be managed by one or more people, depending on the intentions of the business partners. They must agree on SLP managers, but also on the number of people. Moreover, one or even all partners can be appointed managers of a special limited partnership in Luxembourg.
8. Do I need a sum of money to register an SLP in Luxembourg?
No, according to Luxembourg Law, you do not need a financial deposit to be able to open a SLP. And this is a benefit appreciated by foreign investors in this country.
9. What other advantages does an SLP have in Luxembourg?
SLP in Luxembourg can be set up without too many formalities. In addition, confidentiality is a strong point for this type of business structure. Partner information is not provided to the public.
10. Why choose to set up an SLP in Luxembourg?
SLP is a flexible structure that serves many types of investment funds and activities. Luxembourg is a top financial destination that offers many possibilities and simple formalities for setting up a company.