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Newsflash 16-01-2017



Newsflash Luxembourg

The law on the introduction of the simplified private limited liability company (société à responsabilité limitée simplifiée or S.à r.l.-S) dated 23 July 2016 becomes applicable today.

As of this day, it is possible to incorporate an S.à r.l.-S pursuant to a private deed and with a share capital comprised between EUR 1,- and EUR 12.000,-.

In other words, the S.à r.l.-S can be incorporated with EUR 1,- and no notarial fees will be incurred.

The S.à r.l.-S can only be managed and incorporated by natural persons and the corporate purpose of the S.à r.l.-S must fall within the scope of the activities for which a business licence is required.

Please feel free to contact us for further information.

Mathieu Laurent
Avocat à la Cour, Partner
Luther S.A.
Phone +352 27484 662

Robert Goerend
Luther S.A.
Phone +352 27484 665