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By Gersende MASFAYON, Senior Associate and Domitille FOURNIER, Intern DLA Piper Luxembourg
The constitution of a company is a happy event when one or more shareholders decide to allocate assets to a specific activity, with the hope of developing and growing the business. But sometimes this new company coming into the world can be a painful process. Businesses often require a quick implementation of the structure, and a practical difficulty may appear: the payment of the share capital at the time of the constitution.
This article focuses on a private limited liability company (société à responsabilité limitée) (SARL) as it is the most popular type in Luxembourg.
Constitution of a SARL
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