Società chiusa e capitale sociale minimo. Tendenze europee

This article aims at giving a comparative overview regarding the reforms of private companies’ legal capital regime throughout the whole European Union implemented during last ten years. This essentially results in the existence of two basic models of intervention; on the onehand, general “closed” company type (Sarlin France, SQ in Portugal, BV in The Netherlands, GmbH in Austria...) was changed by requiring a lower minimum legal capital threshold; on the other hand, new private company sub-versions (UG in Germany, Sprl-S in Belgium, IVS in Denmark, SLNE and SLFS in Spain...) were developed in order to make the access to liability limitation easier and cheaper.