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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.
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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.
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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.
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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.
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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.
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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".
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Liquidation Audit
Grant Thornton Luxembourg has a dedicated team of experts committed to deliver services to reserved to liquidation audit "Commissariat à la liquidation".
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Assurance Engagements
Grant Thornton Luxembourg have a dedicated team of experts committed to work on audit and assurance special engagements.
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IFRS Services
At Grant Thornton Luxembourg, our experts can help you navigate the complexity of International Financial Reporting Standards (IFRS).
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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.
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Governance, Risk & Compliance
Grant Thornton Luxembourg offers comprehensive services in Governance, Risk & Compliance (GRC) tailored to meet the evolving needs of businesses in today's dynamic regulatory environment. Our commitment is to provide personalised guidance and global expertise, ensuring that your company establish robust internal controls and navigates governance challenges effectively.
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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.
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External DPO and Data Protection Compliance
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.
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Sustainability & ESG Services
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.
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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.
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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.
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Fund Administration
Fund Administration - Grant Thornton Luxembourg offers a full range of tailored solutions to our clients.
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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.
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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.
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AML Compliance Services
Grant Thornton Luxembourg helps its Clients to keep compliant with AML-CTF laws and regulations and provide an expert skilled team.
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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
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Legal Support & Corporate Services
Grant Thornton Luxembourg delivers Legal Support & Corporate services.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Tax - Financial Services & Operational Tax
Our Tax - Financial Services team provides tax advisory services relevant for the Financial Services Industries and Operational Tax assistance. This includes tax advice, automatic exchange of information (FATCA, CRS, DAC 6, DAC 7 and DAC 8), advisory and compliance assistance regarding the US Qualified Intermediary (QI) regime, assistance regarding withholding tax reclaims, investor tax reporting and tax structuring in the context of Islamic finance.
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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.
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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.
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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.
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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.
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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.
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Corporate Secretarial Services
Grant Thornton Luxembourg provides corporate secretarial services to enable our clients to comply with their legal and administrative obligations in Luxembourg.
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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.
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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 7 000 payslips per month and offers related consulting services.
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Information Security
Is your organisation resilient to information security threats? Whether you're a large enterprise or a small business, Grant Thornton is committed to providing comprehensive security services tailored to your needs.
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IT Audit
Grant Thornton internal audit team provides IT audit services as part of your internal audit or as part of any specific IT audit that is required (ad’hoc , assurance reports, external audits).
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MySmartOffice
Grant Thornton Luxembourg offers a new complete online accounting and consulting solution for SMEs named MySmartOffice to access financial and operational information instantly online.
Grant Thornton Luxembourg Technology Hub Services stem from the ambition to complement the current consulting offering for financial institutions with dedicated technology advisory services in domains such as Blockchain, Cybersecurity and Innovation.
Improving processes through emerging new technologies
Our clients understand more and more every day that they must improve their processes through emerging new technologies, in order to develop their business model and keep their strategic advantage. For this reason, they are looking for a professional advice and a strategic vision that provides them with the necessary tools to define their technology needs in the short, medium and long term. Our mission is to build a bridge between innovative technology and successful businesses. We strongly believe that innovation and new technologies are the engine of your business evolution.
Becoming an IBM Business Partner
Grant Thornton Luxembourg has become an IBM Business Partner in Luxembourg, certified to develop blockchain projects using Hyperledger Fabric, a Linux Foundation framework, running on IBM Cloud.
After extensive research, Grant Thornton Luxembourg found Hyperledger Fabric as a platform that meets all the requirements for building small and large-scale blockchain projects on top of existing corporate IT architectures. Hyperledger Fabric is a global collaboration between leaders in the area of finance, banking, Internet of Things, supply chains, manufacturing and technology, with the goal of significantly advancing cross-industry blockchain technologies.
Overall, Fabric can be defined as a flexible plug-and-play implementation of blockchain technology that allows highly scalable blockchain applications with variable degrees of permission, allowing members to achieve a high level of privacy. The technical features provided by Fabric fit enterprise environments extremely well, allowing developers to shape the final distributed application based on the project's constraints.
Here are a few reasons why we believe Hyperledger Fabric is a good choice:
- Modular architecture: this allows components such as consensus and membership services to be plug-and-play, providing a lot of flexibility in terms of adapting to different use cases. Using different modules, companies can create their own, individual blockchain network, add important characteristics and reach high scalability of more than 1000 transactions per second.
- Chaincode: Fabric allows smart contracts which can incorporate business logic, called “chaincode”. Smart Contracts written in chaincode are important as they can read and update the ledger state. Moreover, smart contracts enable users to create and automate transactions and update the state of ledger assets.
- Private channels: these enforce privacy on a large blockchain network by sharing data only with members of the same, predefined channel. Channels help to meet privacy requirements by creating subgroups of business partners who have a lot of common transactions.
- Private transactions: the use of these mean that not every transaction can be seen by every user of the network. Private transactions allow privacy at a more fine-grained level than channels. This feature is useful especially in situations where no party outside of the transaction should have access to the data. Private transactions can also be combined with anonymous client authentication to avoid leaking the connection between the identity of the transaction's creator and the ledger stored data.
- Zero-knowledge proof (ZKP) enables a party who possesses a secret (the prover) to prove to another party (the verifier) that its secret satisfies a certain set of properties (knowledge) without revealing the actual secret (zero-knowledge).
- Enterprise backing: Fabric has strong backing from enterprise companies, like IBM, Intel and Cisco. This provides a large degree of stability, inspiring confidence in those who may still be unsure about blockchain’s future.
Our commitments to generate key benefits for our customers:
- To prioritise open and transparent communication because we know that this is critical when we want to build a successful business.
- To deliver the entire suite of consultancy, training and tools needed for innovative technology initiatives.
- Our unique combination of business advisory, professional services and technical expertise, ensure our customers that we can manage the project from ideation to execution stage, delivering a complete turn-key solution.
- We have built a multi-disciplinary team, with relevant experience in blockchain, cybersecurity and innovation, able to roll out any complex and innovative projects.
- To develop relevant business cases, to create strategy roadmaps, scenario and risk management plans, guiding our customers to a full rollout of innovative solutions in blockchain and cybersecurity market.
- To lead Proof of Concepts, to demonstrate cost reduction, business model innovation, business process acceleration and knowledge transfer.
- We have experience and credibility to advise all stakeholders’ levels, to address business opportunities instead of technology issues.