Why do I need a bank before the Luxembourg company exists?
Last updated: Oct 21, 2026, 17:46 (UTC+08:00)
Because the S.à r.l.'s share capital must be fully paid in when the company is formed, so a bank has to receive it first. The bank then confirms the payment for the notary. Opening this capital account is often the step that takes longest, so we start the bank file as soon as your KYC is approved.
Source: Société à responsabilité limitée (SARL), Guichet.lu, Government of Luxembourg