how to open a sarl company in luxembourg

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SET UP SARL COMPANY IN LUXEMBOURG A presentation brought to you by BridgeWest.eu

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Would you like to open a limited liability company (SARL) in Luxembourg? Find out how you can set up this type of company from our Luxembourgish partners. For more information about this topic and for legal assistance you may contact our company formation specialists in Luxembourg. http://www.companyformationluxembourg.com/contact

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  • 1. SET UP SARL COMPANYIN LUXEMBOURGA presentation brought to youby BridgeWest.eu1

2. SARL in Luxembourg A Luxembourg SARL means a Societe a ResponsabiliteLimitee, which is actually a limited liability company inLuxembourg. All the rules for setting up a limited liability company inLuxembourg are stated in the Commercial Companies Law.2 3. The Minimum Share Capital fora SARL in Luxembourg A minimum of 12,400 EUR is required for theincorporation of a Luxembourg SARL. This sum has to be deposited before the companyregistration procedure in Luxembourg.3 4. The Minimum Share Capitalfor a SARL in Luxembourg The contributions for opening a SARL inLuxembourg can be made in cash and the capital willbe divided into shares. These shares must have the same value, whichcannot be lower than 24.79 EUR.4 5. Shareholders of a SARL inLuxembourg The number of founders of a limited liability companyin Luxembourg has to be between two and forty. The liability of the founders for the company's debtsand obligations is limited to their initial contributions.5 6. The Management Structure fora SARL in Luxembourg A limited liability company in Luxembourg must have amanagement board formed of at least one manager. If the incorporation documents do not mention the nameof the manager, it is the responsibility of the generalmeeting to make this decision.6 7. The Management Structure fora SARL in Luxembourg Managers have an important role in the organizationof a limited liability company in Luxembourg. They may even be able to represent the company infront of third parties.7 8. Supervision and Evaluation ofa SARL in Luxembourg If the Luxembourg SARL has more than 25 shareholders,it is compulsory to have one or more auditors thatsupervise the activity of the company. Also, if the balance sheet of the company after twoyears exceeds 3.125 million EUR or the turnover exceeds6.25 million EUR, supervision is mandatory.8 9. Supervision and Evaluation ofa SARL in Luxembourg When a limited liability company in Luxembourg has morethan 50 employees, it must have an auditor to evaluate thecompany's activity. Auditors also prepare reports regarding the financialactivity of the Luxembourg SARL.9 10. Other Requirements for aSARL in Luxembourg The Ministry of Middle Classes issues businesslicenses for all companies in Luxembourg, includinglimited liability companies. Our specialists offer you legal assistance for openinglimited liability companies and other types of firms alsoin other European countries, suchas Poland, Italy and Hungary.10 11. Thank you for yourattention!Please contact us for more information at:(+44)203-287 [email protected]://www.companyformationluxembourg.com/11