Single-member SL: your company, your control
The Single-Member Limited Company (SLU) is an SL with a single shareholder. It is the most popular legal form for professionals and self-employed who want to protect their personal assets without giving up full control.
Why create an SLU instead of being self-employed?
- Limited liability: if your company has debts, you only respond with the €3,000 capital.
- More favourable tax: you pay 15% (Corporation Tax) for the first two years, versus 19-47% income tax as self-employed.
- Professional image: many large companies prefer to contract with registered companies.
- Easy growth: if you want to add a partner tomorrow, just transfer shares.
How to incorporate your SLU
The process is identical to a normal SL. With our CIRCE service, your SLU is ready in 48-72 hours. €395 + VAT, notarial fees included. Contact us.