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Any person or legal entity has the right to form a limited company as a founder member. The society of limited responsibility is formed by the members with a public deed, certified by a Notary. The information that the constitution has to contain:

  • The formal identity of the members
  • The decision to form a limited society
  • The contribution of each member
  • The statutes of the society
  • The system of administration
  • The identification of the person who will administer and represent the company

The articles of association should mention the following points: the name of the limited company, social objectives, date of closure, business address, system of administration of the company. The constitution of a limited society generates the obligation to pay taxes, one per cent of the society capital. The minimum capital to form a limited society is 3.005,06 €. The minimum number of members is one and there is no maximum.