Keeping a register is a condition for the formation and continued existence of a common limited partnership (CLP - société en commandite simple). Three items must be included in the register. These are as follows:

1. a full copy of the current partnership agreement;

2. a list of all partners indicating;

• if they are natural persons, their:

  1. surnames;

  2. first names;

  3. professions; 

  4. private or professional addresses; 

  5. the partnership interests held by each.

• in the case of legal persons their:

  1. company names ;

  2. legal forms ;

  3. precise addresses; 

  4. registration numbers in the trade and companies register if the law of the State to which the company belongs provides for such a number; and

  5. the partnership interests held by each;

3. a mention of the transfers of partnership interests issued by the partnership and the date of the notification or acceptance of such transfers.

Any partner may have access to the register subject to the limitations provided for in the partnership agreement.

References: Article 310-1 (5) and the last paragraph of the law of 10 August 1915 on commercial companies as amended; #345-334* Partners’ Contribution in a Common Limited Partnership - CLP/SCS II, April 30, 2021, Bertrand Mariaux.

*Podcast #346

*YouTube Video 335* 

Bertrand Mariaux, Avocat à la Cour, LL.M. (hons.)

Prestation de serment (Swearing-in oath): Luxembourg (2011), Certificat d’Aptitude à la Profession d’Avocat, École de Formation professionnelle des Barreaux de la Cour d’appel de Paris (2009), Bond University (LL.M. (distinct.), International Legal Practice, 2010), Université Sorbonne Paris Nord & University of Limerick (Master in European & International Law - major in economics, 2008), certified Expert in Microfinance (Frankfurt School of Finance & Management, 2015), social entrepreneurship (University of Oxford, 2015 & The Wharton School of Social Policy & Practice, 2014) and social & solidarity economy (International Labour Organization Academy - Social & Solidarity Economy, Organisation Internationale du Travail - Économie Sociale et Solidaire, 2017)

Contributor: Cédric Buisine, Avocat