Luxembourg Common Limited Partnership (SCS)

What to expect from us

The Luxembourg Common Limited Partnership (Société en Commandite Simple, SCS) is a flexible partnership structure that can be used for private equity, real estate, private debt and other alternative investment strategies, as well as investment and holding structures. It combines contractual flexibility with a separate legal personality and can be tailored to the specific requirements of its partners through its Limited Partnership Agreement (LPA).

An SCS is formed by one or more General Partners (GPs), who are generally responsible for the management of the partnership, and one or more Limited Partners. Depending on its purpose, structure and activities, an SCS may operate outside direct CSSF supervision. Where it qualifies as an Alternative Investment Fund (AIF), the applicable AIFM framework and regulatory requirements need to be considered.

KENDRIS Luxembourg, duly authorised by the Ordre des Experts-Comptables (OEC), supports you with the structuring, establishment and ongoing administration of Luxembourg SCS structures, taking into account your objectives, partner or investor requirements as well as applicable regulatory and tax considerations.

Services at a glance

Our team of experts supports you throughout the lifecycle of your Luxembourg SCS with comprehensive services including but not limited to:

• Set-up and establishment of Luxembourg SCS structures
• Coordination of the registration process in Luxembourg
• Assistance with the Limited Partnership Agreement (LPA) and related documentation
• General Partner, management and governance structuring
• Assessment and coordination of applicable AIFM requirements
• Ongoing administration and management of SCS structures
• Accounting and maintenance of books and records
• Tax compliance and reporting support
• Coordination with legal, tax and other professional advisers
• Support for investment, holding and alternative asset structures