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    Audit & Assurance
    Our Grant Thornton Luxembourg team can provide you with a full range of audit and assurance services including audit of stand-alone annual accounts, audit of...
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    • Audit of stand-alone annual accounts
      At Grant Thornton Luxembourg, our team of experts is specialised in audits of stand-alone annual accounts.
    • Audit of consolidated annual accounts
      Grant Thornton Luxembourg team of experts is specialised in providing audit services to a lot of multinational which have their administrative center located in Luxembourg for whom the consolidated annual accounts have to be audited.
    • Agreed-Upon Procedures Engagements
      In the case of agreed-upon procedures engagement, Grant Thornton Luxembourg performs procedures particularly requested by the client/bank and reports on the findings.
    • GDPR-CARPA Certification
      Grant Thornton Audit and Assurance is accredited by the Commission Nationale pour la Protection des Données (CNPD) to provide GDPR-CARPA certifications for organisations.
    • Forensic Audit
      Grant Thornton Luxembourg has the forensic and business skills to deal with the most complex situations. A multi-disciplinary team of dedicated accountants in consultation with lawyers, IT consultants, insurance experts, valuation specialists and actuaries may be engaged when necessary.
    • Supervisory Auditor (Commissaire)
      Grant Thornton Luxembourg has a dedicated team of experts committed to deliver services to reserved to Supervisory Auditor or "Commissaire aux Comptes".
    • Liquidation Audit
      Grant Thornton Luxembourg has a dedicated team of experts committed to deliver services to reserved to liquidation audit "Commissariat à la liquidation".
    • Assurance Engagements
      Grant Thornton Luxembourg have a dedicated team of experts committed to work on audit and assurance special engagements.
    • IFRS Services
      At Grant Thornton Luxembourg, our experts can help you navigate the complexity of International Financial Reporting Standards (IFRS).
    • Valuation
      Grant Thornton Luxembourg helps clients evaluate and implement various strategic alternatives through our comprehensive suite of corporate value consulting services. From opinions, board solutions and services, to valuation and modeling, we can assist you with value added services throughout the transaction lifecycle.
    Business Advisory
    As your business grows, our business advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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    • Governance & Business Risk Services
      Directors nowadays have increasing responsibilities. Grant Thornton Luxembourg understands that business needs guidance to improve its governance and to establish robust internal controls, by means of effective use of information technology. We offer the personal touch and global reach, ensuring that you get the attention that you deserve.
    • Structuring & Modeling
      Grant Thornton Luxembourg offers workable solutions to maximise your value and deliver sustainable growth. Transactions or reorganisations are significant events in the life of a business, so the stakes are high for both buyers and sellers.
    • Data Protection and Privacy
      EU General Data Protection Regulation (GDPR) - The real challenge consists of remaining compliant with GDPR and in being able to prove this compliance (accountability principle). Grant Thornton Luxembourg can help you with a tailored phase approach.
    • Regulatory Compliance
      At Grant Thornton Luxembourg, we set up a whole team of experts around our “Compliance Compass” approach. No matter if your company is a UCITS, a Management Company, an AIFM, a PFS or an Insurance company, the Compliance Compass shows you an insight of what has to be performed on a monthly basis, whether to prepare work on due time or report to authorities.
    • Sustainability services and impact reporting
      At Grant Thornton, we recognise the need of our clients to operate responsibly and to meet the high standards posed by the sector they operate. We offer pragmatic, tailor-made solutions to our clients and we assist them to make the required transitions towards the implementation of sustainable business practices.
    • Information Security
      Grant Thornton Luxembourg offers Information Security services with a strong security expertise to avoid data breaches. We also have dedicated resources for all your cybersecurity challenges.
    • Whistleblowing services
      Since May 2023, the Whistleblower Law has become effective in Luxembourg. What does this mean for your business? Our experts can advise and help you to set-up internal reporting channels and to comply with the new law.
    Financial Services
    In an industry that is constantly facing challenges both from the operational, legal, financial and regulatory perspectives, Grant Thornton Luxembourg is...
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    • Alternative Investment Services
      Grant Thornton Luxembourg is a bespoke business partner to established Alternative Investment Fund (“AIF”) Managers (“AIFM”) as well as independent Managers launching start-up Funds and seeking for a single entry point in Luxembourg in order to set-up and manage their Luxembourg domiciled Funds.
    • Fund Administration
      Fund Administration - Grant Thornton Luxembourg offers a full range of tailored solutions to our clients.
    • Registrar & Transfer Agency Services, Client Reporting
      Grant Thornton Luxembourg provides investors with confirmations, final Contract Notes and regular statements upon finalisation of the Fund’s Net Asset Value, We handle all wire payments and transfers, including the processing of distribution dividend payments, and perform in-depth Anti-Money Laundering Counter Terrorism Financing and Know-Your Client due diligence checks on investors.
    • Fund set-up, Launch & Corporate life
      High-quality product structuring and legal services have become a crucial tool enabling industry players to get through the major changes impacting their business development, strategy and organisation as a whole. Our Investment Management practice at Grant Thornton Luxembourg is your one-stop place for expert advice combining pragmatism and a unique in-depth knowledge of the Luxembourg market.
    • AML Compliance Services
      Grant Thornton Luxembourg helps its Clients to keep compliant with AML-CTF laws and regulations and provide an expert skilled team.
    • Regulatory Reporting Delivery
      Grant Thornton Luxembourg has set up a Business Process Outsourcing Solution that manages and mutualises regulatory expertise, reporting solutions and skilled human resources
    • Legal Support & Corporate Services
      Grant Thornton Luxembourg delivers Legal Support & Corporate services.
    Tax & Accounting
    Grant Thornton Luxembourg has been delivering local and international direct and indirect (VAT) tax, payroll, transfer pricing, corporate finance, reporting,...
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    • Accounting & Reporting Services
      Grant Thornton Luxembourg may explore the specific characteristics of your company in order to provide a personalised assistance in the fields of Accounting & Reporting services.
    • Direct Corporate Tax Compliance
      Grant Thornton Luxembourg may explore the specific characteristics of your company in order to provide a personalised assistance in the fields of corporate tax compliance.
    • Direct Corporate Tax Advice
      Grant Thornton Luxembourg understand the complexity of national and international tax laws. We can unlock your potential for local and international growth.
    • VAT and Other Indirect Tax Compliance
      Handling the day-to-day VAT compliance obligations requires being close to your business. Our VAT compliance business line assists you to ensure that long term reporting processes are implemented and respected with the aim of safeguarding a proper and timely VAT filing. This is important for achieving a VAT compliant environment and mitigating local VAT risks.
    • VAT and Other Indirect Tax Advice
      Our VAT advisory business line is dedicated to keeping you up to date with amended VAT legislation and changes in the administrative practice in Luxembourg and worldwide with our Grant Thornton global VAT network. Specialists review and comment on new EU directives and the latest case law by the Court of Justice of the European Union in order to provide you with advice tailored to your specific needs.
    • Transaction & Reorganisation
      Reorganisations - Transaction Planning - Tax Structuring - M&A. Companies strive to improve their market position with take-overs, mergers and demergers. Strategy and financial tactics are important elements in this respect. Grant Thornton tax specialists may intervene in all stages of the transaction.
    • Transfer Pricing
      The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public. Grant Thornton Luxembourg can help you manage your transfer pricing risks and find opportunities.
    • Personal Tax
      Our experienced multilingual Personal Tax Team is keen to give you tailored solutions, optimise your situation and help you make decisions. We could assist you with: income tax returns, vat returns, tax assessments, contacts with the tax authorities and assistance by tax audit or tax litigation, tax matters advices, inheritance tax matters, international assignments and trainings.
    • Cross-Border Tax
      Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business. We can help you with practical advice such as VAT and direct tax.
    • Corporate Finance
      Exploring the strategic options available to you as a business or shareholder, advising and project managing the chosen solution, Grant Thornton Luxembourg provide a truly integrated corporate finance offering. Merger & acquisition, buying a business, selling a business, transaction piloting,raising finance to support your business plans.Vendor due diligence, acquisition due diligence, reporting accountant work,operational due diligence, management assessment.
    • Expatriate Tax
      Although international employment has become a standard practice in business life, employers and their assignees are still faced with numerous questions in this area. Grant Thornton Luxembourg can help you to be one step ahead.
    • Set-up, Restructuring & Business Planning
      Grant Thornton Luxembourg is delighted to add value during the implementation of your businesses and to be given the opportunity to grow together with you. Relying on our professionals’ financial expertise will allow you to take dynamic but sustainable decisions.
    • Corporate Secretarial Services
      Grant Thornton Luxembourg provides corporate secretarial services to enable our clients to comply with their legal and administrative obligations in Luxembourg.
    • Liquidation & Insolvency
      Grant Thornton Luxembourg can draw on years of experience in the areas of liquidation and insolvency and then make sensible recommendations on how best to deal with your financial crisis.
    • Human Resources Management & Payroll
      Grant Thornton Luxembourg has been delivering since 1987 Payroll and Human Resources services to private and institutional clients. A team of highly qualified collaborators manages around 5 000 payslips per month and offers related consulting services.
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    Asset management
    At Grant Thornton Luxembourg we provide the expertise and support that the asset management industry needs to thrive in today’s evolving market.
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    Banking
    Grant Thornton Luxembourg offers dedicated services to banks in Luxembourg including: lifecycle of legal entities, governance improvement and transformation...
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    Consumer products
    Grant Thornton Luxembourg is dedicated to provide services to consumer products companies.
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    Energy & natural resources
    Grant Thornton Luxembourg is committed to becoming an eco-friendly participant by supporting companies investing in the use of natural resources and in the...
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    European Institutions Desk
    The Grant Thornton EU Institutions Desk’s knowledge of public sector combined with Grant Thornton local and global network reach is helping to develop the...
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    Expatriates
    International mobility - Expatriates' desk from Grant Thornton Luxembourg can provide organisations, HR departments and individuals with a follow-up to help...
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    Healthcare
    We can help all types of healthcare clients, including hospitals, nurseries, pharmaceutical laboratories, foundations and personal assistance organisations to...
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    Information & communications technology
    Grant Thornton Technology Hub stems from the ambition to complement the current consulting offering for financial institutions with dedicated technology...
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    Liberal professions
    Grant Thornton Luxembourg is dedicated to providing a full range of services to liberal professions and freelancers.
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    Not for profit
    Grant Thornton Luxembourg is dedicated to provide a full range of services to not for profit organisations and charities.
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    PFS
    Grant Thornton Luxembourg is dedicated to support Professionals of the Financial Sector (investment companies, investment firm, specialised PFS) and create...
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    Real estate & construction
    Grant Thornton Luxembourg is dedicated to providing a full range of services to Real Estate Investors in Luxembourg, valuations, structuring business,...
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    SME
    Grant Thornton Luxembourg is dedicated to providing a full range of services to SME and private-owned enterprises.
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    • MySmartOffice
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    Featured insights
    Salaries indexation as from 1 September 2023
    Payroll Newsflash Salaries indexation as from 1 September 2023
    STATEC has confirmed, on Wednesday 30 August, the triggering of a new salary indexation as from 1 September 2023.
    Less than a minute | 31 Aug 2023
    Draft Law implementing Pillar Two in Luxembourg
    Tax News Alert Draft Law implementing Pillar Two in Luxembourg
    On 4 August 2023, the Luxembourg Government introduced to the Luxembourg Parliament the draft law no. 8292 (the "Draft Law"), aimed at implementing the provisions of the European Union (“EU”) Council Directive 2022/2523 of 14 December 2022 (the “EU Pillar Two Directive” or the “Directive”). In line with the Directive, and in order to ensure that large multinational enterprise (“MNE”) groups and significant large domestic groups pay a minimum level of tax, the Draft Law introduces three new taxes into Luxembourg national law.
    6 min read | 10 Aug 2023
    Administrative Tribunal’s decision on denial of availability of tax losses carried forward
    Tax News Alert Administrative Tribunal’s decision on denial of availability of tax losses carried forward
    On 30 March 2023, Luxembourg Administrative Tribunal (the “Tribunal”) rendered a decision denying the use of carried forward tax losses to a Luxembourg company (“LuxCo”) based on the abuse of law provision (the “Decision”). The case concerned tax losses dating from a period during which LuxCo was a holding company, and which it intended to use after a number of years of being a dormant company in order to offset capital gain realised from the disposal of immovable property.
    5 min read | 17 Jul 2023
    Trending articles
    Payroll Newsflash Salaries indexation as from 1 September 2023
    Less than a minute | 31 Aug 2023
    Payroll Newsflash Crédit d’Impôt Conjoncture (CIC)
    2 min read | 27 Jul 2023
    Tax Tips Reduction of the Net Wealth Tax
    2 min read | 01 Jun 2021
    Payroll Newsflash Indexation of salaries as from 1 April 2023
    Less than a minute | 07 Apr 2023
    Our latest insights
    Payroll Newsflash Salaries indexation as from 1 September 2023
    STATEC has confirmed, on Wednesday 30 August, the triggering of a new salary indexation as from 1 September 2023.
    Less than a minute | 31 Aug 2023
    Tax News Alert Draft Law implementing Pillar Two in Luxembourg
    On 4 August 2023, the Luxembourg Government introduced to the Luxembourg Parliament the draft law no. 8292 (the "Draft Law"), aimed at implementing the provisions of the European Union (“EU”) Council Directive 2022/2523 of 14 December 2022 (the “EU Pillar Two Directive” or the “Directive”). In line with the Directive, and in order to ensure that large multinational enterprise (“MNE”) groups and significant large domestic groups pay a minimum level of tax, the Draft Law introduces three new taxes into Luxembourg national law.
    6 min read | 10 Aug 2023
    Advisory Public Consultation on Guide on effective risk data aggregation and risk reporting
    The European Central Bank ("ECB"), on July 24th, announced a public consultation on Guide on effective Risk Data Aggregation and Risk Reporting (“RDARR”). The consultation is opened until October 6th and the ECB invites comments from Banks and other stakeholders on effective Risk Data Aggregation and Risk Reporting.
    5 min read | 10 Aug 2023
    Payroll Newsflash Crédit d’Impôt Conjoncture (CIC)
    As stated in the March tripartite agreement, a new tax credit, the “Crédit d'Impôt Conjoncture” (economic tax credit) will increase salaries retroactively from January 2023.
    2 min read | 27 Jul 2023
    Tax News Alert Draft law on amendments to the investment tax credit regime
    On 13 July 2023, the Luxembourg Government presented the draft law no. 8276 to the Luxembourg Parliament. The Draft Law proposes changes to the current investment tax credit regime by increasing the rates of the global ITC and introducing a new ITC for investments and expenses related to the digital transformation and the ecological and energy transition. The proposed measures are planned to apply as from tax year 2024.
    4 min read | 21 Jul 2023
    Tax News Alert Updated DAC 6 guidance issued by the Luxembourg Tax Authority
    On 30 June 2023, the Luxembourg tax authority issued the updated guidance in form of an FAQ (the “Guidance”) on the law implementing the EU Directive on the mandatory disclosure rules and exchange of cross-border tax arrangements (“DAC 6”). The Guidance contains welcome clarifications concerning hallmarks C1 and E3, as well as an explanation regarding the notification obligations of persons covered by the legal professional privilege.
    4 min read | 20 Jul 2023
    Tax News Alert Administrative Tribunal’s decision on denial of availability of tax losses carried forward
    On 30 March 2023, Luxembourg Administrative Tribunal (the “Tribunal”) rendered a decision denying the use of carried forward tax losses to a Luxembourg company (“LuxCo”) based on the abuse of law provision (the “Decision”). The case concerned tax losses dating from a period during which LuxCo was a holding company, and which it intended to use after a number of years of being a dormant company in order to offset capital gain realised from the disposal of immovable property.
    5 min read | 17 Jul 2023
    Tax News Alert New guidance on the reverse hybrid entities issued by the Luxembourg tax authorities
    On 9 June 2023, the Luxembourg tax authorities (“LTA”) issued a circular L.I.R. n°168quater/1 (the “Circular”) clarifying the application of the reverse hybrid rules, as provided for in article 168quater of the Luxembourg Income Tax Law (“LITL”). Additionally, a FAQ on the related tax form 205 was published, detailing the tax compliance obligations of reverse hybrid entities.
    4 min read | 20 Jun 2023
    Tax News Alert Advocate General challenges European Commission's assessment of Luxembourg's tax ruling in the Amazon case
    Advocate General Juliane Kokott challenged the European Commission’s claim that Luxembourg provided unauthorized state aid to Amazon through tax advantages. In her Opinion on Amazon case (C-457/21), the AG highlights the critical flaws in the Commission’s approach, as well as supports the annulment of the Commission’s decision by the General Court. Nevertheless, the final judgment rests with the Court of Justice of the European Union.
    2 min read | 12 Jun 2023
    Tax News Alert Agreement Reached on DAC8 Directive for Enhanced Tax Transparency
    The European Union finance ministers have reached a political agreement on the updated compromise text for the draft Council Directive amending Directive 2011/16/EU on administrative cooperation in the field of taxation. The DAC8 Directive, among other, introduces tax transparency rules for crypto-assets and extends the automatic exchange of advance cross-border rulings, under certain conditions. It is expected to be formally adopted in early June 2023.
    3 min read | 31 May 2023
    Tax News Alert Advocate General Kokott finds the European Commission erroneously considered the existence of State aid in the Engie case
    Further to the decision of the General Court in the Engie Cases, Engie and Luxembourg appealed before the CJEU. In her Opinion delivered on 4 May, AG Kokott suggests that the CJEU should uphold the appeals, set aside the judgment of the General Court and annul the decision of the EC.
    4 min read | 17 May 2023
    Advisory CSSF sets the course for the supervision of Sustainable Finance
    As the world grapples with the impacts of climate change, financial institutions and regulatory bodies increasingly recognise the importance of integrating sustainability into their operations. In response to this growing need, Luxembourg's Commission de Surveillance du Secteur Financier (CSSF) has recently outlined its supervisory priorities in sustainable finance, demonstrating its commitment to shaping a more environmentally and socially responsible financial sector.
    3 min read | 19 Apr 2023
    Tax News Alert Overview of Luxembourg’s draft bill on amendments to the tax procedure
    On 28 March 2023, Luxembourg government introduced bill no. 8186 which proposes new procedures for concluding bilateral and multilateral advance pricing agreements, clarifies the conditions for contesting tax assessments, and outlines specific transfer pricing documentation requirements. The Draft Bill also introduces new bookkeeping requirements, and enhances administrative cooperation between the Luxembourg tax authority and other public authorities.
    4 min read | 18 Apr 2023
    Payroll Newsflash Indexation of salaries as from 1 April 2023
    Following the monthly meeting of the Index Commission, the STATEC has confirmed the triggering of a new salary indexation as of 1 April 2023.
    Less than a minute | 07 Apr 2023
    Tax News Alert Luxembourg Administrative Tribunal judgment on the tax treatment of share class redemption
    On 27 January 2023, the Luxembourg Administrative Tribunal (the “Tribunal”) pronounced its judgment in case n° 42432 relating to the tax treatment of redemption of a share class. In this landmark decision, the Tribunal dealt with the issue of whether the repurchase of such a class of shares, followed by their cancellation and a reduction in the share capital, triggers Luxembourg withholding tax (“WHT”). Based on the decision of the Tribunal, the redemption should qualify as a capital gain at the level of the shareholder up to the amount corresponding to the fair market value of the redeemed shares.
    4 min read | 09 Mar 2023
    Women in Business 2023 Push for Parity
    This year’s Grant Thornton IBR research into Women in Business looks at why diverse workforces must be at the core of every sustainable business, why it’s the responsible thing to do, as well as the right thing commercially. For the last 19 years, we’ve tracked the rate of progress in the proportion of women in senior positions within mid-market businesses globally.
    07 Mar 2023
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