Luxembourg Holdings: IV The success of the limited liability company and the interest of partnership limited by shares for funds and finance companies.
Most of the Soparfi Luxembourg Holdings are incorporated in the legal form of a private limited company. The flexibility of the law and the simplicity of the obligations (no statutory auditors) explain this frequent choice by natural persons but also by founders which are companies whatever their size. Partnership limited by shares can also be used when there is a need to separate the ownership of the company from its control such as in the case of investment fund structures. In this 2 minute video, Dr. Hance deals with the practicalities of the choice of the legal form of a Luxembourg Soparfi holding. Dr. Hance can be reached at olivier.hance@hance law.com and www.hance-law.com
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