Using a shelf company as general partner in Luxembourg
Why a Luxembourg shelf company is often chosen as general partner of an SCS or SCSp.
Request informationWhat a general partner does
A Luxembourg limited partnership, the SCS or the SCSp, is managed by a general partner. The general partner runs the partnership and is liable for its debts without limit. For this reason the general partner is very often a company, so that the people behind it are not personally exposed.
Why a Luxembourg shelf company is used as general partner
A shelf company in Luxembourg can serve as general partner because it already exists. Instead of incorporating a new S.à r.l. or S.A. and waiting for it, the sponsor acquires an existing Luxembourg shelf company, appoints its managers and uses it as general partner of the new SCS or SCSp. This can shorten the preparation of the structure.
Points to prepare
- The legal form of the general partner company, most often an S.à r.l.
- Its corporate object, which should allow it to act as general partner of a limited partnership.
- The managers who will act for the general partner, which can be resident professionals.
- The registered office in Luxembourg and the accounting of the company.
How to acquire a Luxembourg shelf company for this purpose
Contact us through the form with the form of company you need and the project it will serve. After identification we present the shelf companies that fit, and we introduce independent professionals for the registered office, resident management and accounting. You can read more about the limited partnerships themselves in our guide on SOPARFI, SPF, SCS and SCSp, and about the purchase in how to buy a shelf company in Luxembourg.
General information only. It is not legal, tax or accounting advice. This site introduces you to independent professionals and provides no such service.
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