Luxembourg: Types of Company
Société à Responsabilité Limitée (Limited Liability Company)
This page was last updated on 17 June 2020.
The limited liability company or SARL (French: société à responsabilité limitée), is formed under the Commercial Companies Law 1915, as amended. A SARL must have a minimum paid-up capital of around €12,400 divided into 'participation certificates' which are not freely transferable. There may not be more than 40 shareholders, and they are liable for the amount of their paid-up capital. If there are fewer than 25 shareholders an annual general meeting is not necessary.In most other respects, the SARL is similar to the SA.