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SCPA: Difference between revisions
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{{a|entity|}}A ''[[société en commandite par actions]]'' is a {{tag|partnership}} limited by shares under the laws of the Grand Duchy of {{tag|Luxembourg}}. It is seems as being something of a hybrid between a [[limited liability company|société anonyme]] and a [[limited partnership]]. | {{a|entity|}}A ''[[société en commandite par actions]]'' (“[[SCPA]]”) is a {{tag|partnership}} limited by shares under the laws of the Grand Duchy of {{tag|Luxembourg}}. It is seems as being something of a hybrid between a [[limited liability company|société anonyme]] and a [[limited partnership]]. | ||
Unlike a limited partnership, interests in the undertaking are represented by shares, devoid of "personal character". These interests are in principle transferable. | Unlike a limited partnership, interests in the undertaking are represented by shares, devoid of "personal character". These interests are in principle transferable. | ||
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The undertaking's trading name must contain the name of one or more general partners, but not any of the limited partners (because that would imply unlimited liability in the same way as the general partners. | The undertaking's trading name must contain the name of one or more general partners, but not any of the limited partners (because that would imply unlimited liability in the same way as the general partners. | ||
{{c|Luxembourg}} | |||