The law of 21 December 2006 has amended the Luxembourg company law. It is no longer required that the shares issued by a  société anonyme, a société en commandite par actions or a société à responsabilité limitée have a minimum par value per share.
Prior to the new law, the minimum par value per share were set for an S.A. and a S.C.A. at 1,24 Euro per share and at 24,79 Euro for an S.à .r.l
The minimum share capital requirements have however been maintained (for an S.A.: 30.986,69 Euro and for an S.à r.l. 12.394,68 Euro).
This abolishment is certainly important in light of the calculation of shareholdings in joint ventures.