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TomNet
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Accountancy in Luxembourg (10th Sep 24 at 5:07pm UTC)
If you have a company in Luxembourg, then you need to prepare annual financial statements on the activities of the company. Financial reporting, management report, and auditor’s report – we are ready to provide you with all these services for your business.

All company types in Luxembourg must:

Maintain accounting records following the standard chart of accounts (Luxgaap);
If the turnover is more than 100,000 euros, the accounting must be carried out using licensed IT accounting software to be able to deliver specific files, called FAIA;
For merchants, VAT refunds must be made through the electronic collection of financial data (Collecte des données financières - eCDF);
The VAT declaration must be filled in annually, quarterly, or monthly (depending on the volume of turnover);
For S.A. accounts must be verified by the Commissaire au compte;
Prepare and approve reports in electronic format on the Collecte des données financières (CDF) and then submit them electronically for publication in the Register of Commerce and Companies (RCS).
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