Setting Up a SARL-S (Société à Responsabilité Limitée Simplifiée) in Luxembourg
The SARL-S is a simplified legal structure tailored for small businesses and entrepreneurs in Luxembourg.
Its simplicity, affordability, and limited liability protection make it a popular choice.
Below is a step-by-step guide to establish a SARL-S effectively. Key Steps to Set Up a SARL-S:
1. Eligibility
- Who can create a SARL-S: Only natural persons (individuals) can establish a SARL-S. The founder must actively manage the business. Companies cannot act as founders.
- Capital requirements:
- Minimum share capital: €1
- Maximum share capital: €12,000
- Flexibility in capital requirements makes it ideal for entrepreneurs with limited initial funding.
2. Choosing a Company Name
A minimum of 2 partners and a maximum of 100 partners can create the SARL, it can also be a one-person company: The EURL does not exist in Luxembourg !
- Ensure the company name is unique and doesn’t conflict with existing names (check availability on the RCS website with a negatif certificate).
- The name must include “SARL-S” to indicate its legal structure.
3. Drafting the Articles of Incorporation
- Unlike a standard SARL, a SARL-S does not require a notarial deed.
- The articles of incorporation should include:
- Company name and address
- Business purpose
- Share capital and shareholder details
- Management structure
Bank Account
- Open a corporate bank account in Luxembourg.
- Deposit the share capital (minimum €1).
- Obtain a bank certificate confirming the deposit. This document is required for registration.
5.Company Registration
- Register your SARL-S with the Registre de Commerce et des Sociétés (RCS)by submitting:
- Articles of incorporation
- Bank certificate confirming capital deposit
- Copies of shareholder(s) and manager(s)’ ID documents
- Pay the registration fee to complete the process.
6. Tax and VAT Registration
- Register for corporate tax with the Administration des Contributions Directes (ACD).
- Apply for a VAT number with the Administration de l’Enregistrement et des Domaines (if applicable).
- SARL-S companies may qualify for specific tax benefits for small businesses.
7. Obtain Business Licenses
- Apply for a business license from the Ministry of Economy (via Guichet.lu) if your business activity requires it.
- Certain sectors, such as financial services, may require additional permits.
8. Social Security Registration
- Register with Luxembourg’s Centre Commun de la Sécurité Sociale (CCSS).
- If hiring employees, register them as well and manage payroll obligations.
9. Optional: Seek Professional Assistance
Though SARL-S is designed for simplicity, consulting a lawyer or accountant can help ensure compliance with tax and legal requirements.
10. Start Operating
After completing the registration steps, your SARL-S can legally begin operations in Luxembourg.
Key advantages of SARL-S:
- Low Cost: Affordable setup costs with flexible capital requirements (from €1).
- Simplified Management: A straightforward governance structure while still benefiting from limited liability protection.
- No Notarial Deed Required: Articles of incorporation can be drafted independently, saving on notary fees.
Get started today with your SARL-S and take the first step toward your business success in Luxembourg!
Your Simple Start: The SARL-S Company in Luxembourg
Ready to start a business from scratch? You want a simple structure. The SARL-S Luxembourg model is a great fit. It is designed for smaller ventures. This makes SARL formation in Luxembourg straightforward for many entrepreneurs.
What is a SARL-S?
The SARL-S, or, Societe a responsabilité limitée simplifiée, is a simplified limited company. It is a popular way to create SARL-S in Luxembourg. Think of it as a standard company with easier rules. It is perfect for a single founder or a small team. Your personal assets are separate from the company. This protects you.
The Path to Formation
Starting your company does not have to be complex. The process for a SARL-S Luxembourg is streamlined. You need at least one founder. You can start with just one euro of capital. You draft simple statutes. Then you register with the official trade register. Even if you are new to business, these steps seem logical. You won't get lost.
Getting Your Business Moving
You do not need a complex setup to begin operations. The SARL formation Luxembourg process gets you from idea to incorporation efficiently. This speed means you can focus on your core work faster. You can start building your client base without long delays. It is a practical choice for getting your business off the ground.
Key Advantages for You
This structure offers serious flexibility. It is a trusted legal framework. It shows everyone you are serious. It helps build instant confidence with partners and clients. Choosing to create SARL-S in Luxembourg means you picked a smart, modern business vehicle. It is designed for success in a dynamic economy. You get credibility from day one.
Financial Services guides you through each step. We believe in making business formation clear and accessible for everyone, turning your ambition into a reality.