SCSp in Luxembourg, special limited partnership for funds and carry.
The SCSp is a Luxembourg partnership without legal personality, tax transparent, widely used as a fund, co-investment and carried interest vehicle in PE/VC. FSL handles its administration, accounting and partner reporting. FSL handles structuring, substance, accounting and reporting; CSSF authorisation and reserved acts are coordinated with our network of partner lawyers and notaries.
The SCSp (special limited partnership) is a Luxembourg limited partnership without separate legal personality, governed by contract (LPA), tax transparent, introduced by the law of 12 July 2013. It serves as a fund, co-investment or carried interest vehicle.
Special limited partnership introduced by the law of 12 July 2013 (amending the law of 10 August 1915). Tax transparency; contractual freedom of the limited partnership agreement (LPA).
Key takeaway
- The SCSp has no legal personality and is tax transparent.
- Highly flexible: most terms sit in the LPA (drafting = lawyer).
- Ideal for carried interest and co-investment.
Who this is for
- PE/VC funds and co-investment vehicles
- Carried interest structures for management teams
- Sponsors seeking broad contractual freedom
What we do
- SCSp administration and partner register maintenance
- Accounting, capital accounts and waterfall
- Carried interest calculation and tracking
- Reporting to limited partners and coordination of the general partner (GP)
Ready to structure your scsp limited partnership?
Free first call within 24 hours. Dedicated adviser, NDA from first contact.
Preparation checklist
Get the list of documents and steps to start without friction.
Frequently asked questions
Difference between SCSp and SCS?
Is the SCSp taxed?
Who drafts the LPA?
Request a quote
Reply within 24 business hours. NDA from first contact.