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Financial Services Luxembourg has launched an expanded Fiduciaire comptable service designed to streamline financial and administrative obligations for companies operating in the country. The move addresses a key challenge faced by entrepreneurs, SMEs, and international investors: the fragmentation of accounting, tax, payroll, and corporate governance tasks across multiple providers. The new service integrates accounting, tax (including VAT), payroll, company formation, and governance into a single coordinated offering. This includes day-to-day bookkeeping, annual financial reporting under Luxembourg GAAP, tax filings, social security contributions, and compliance with the Trade and Companies Register (RCS) and Register of Beneficial Owners (RBE). For holding companies and SOPARFIs, the service extends to consolidation, financial management, and economic substance requirements. A recurring pain point for businesses in Luxembourg has been the need to manage separate providers for each function, leading to coordination gaps and potential errors. Financial Services Luxembourg’s approach centralises these responsibilities under one provider, with a shared calendar of deadlines and a single point of contact. This is particularly beneficial for international investors and holding structures, where compliance with local regulations—such as transfer-pricing documentation and intragroup financing rules—is critical. The firm, authorised under permits 10077274/0 (accounting) and 10077274/2 (ancillary activities), operates under strict regulatory oversight, including anti-money-laundering supervision by the Administration de l'enregistrement, des domaines et de la TVA (AED). While the service consolidates administrative tasks, it ensures that specialised work—such as audits or legal matters—is handled by qualified professionals (e.g., expert-comptables or réviseurs d’entreprises agréés) as required. Mickaël LOC, Managing Director, highlighted the inefficiency of fragmented services: “Most companies in Luxembourg don’t struggle with individual obligations. The difficulty lies in coordinating them—ensuring the right information is submitted on time, every month.” The new model aims to eliminate this friction by aligning all financial and administrative processes under one provider. This expansion could attract more businesses to Luxembourg by simplifying compliance, particularly for those unfamiliar with local regulations. The service’s structured approach—organised by stages of a company’s lifecycle (formation, operation, growth, and liquidation)—also reduces the risk of errors during transitions between providers. Fun fact: Luxembourg’s eCDF platform, used for digital filing of annual accounts, is a key tool in the service’s workflow, ensuring seamless integration with the RCS and tax authorities.
Financial Services Luxembourg has launched an expanded Fiduciaire comptable service designed to streamline financial and administrative obligations for companies operating in the country. The move addresses a key challenge faced by entrepreneurs, SMEs, and international investors: the fragmentation of accounting, tax, payroll, and corporate governance tasks across multiple providers.
The new service integrates accounting, tax (including VAT), payroll, company formation, and governance into a single coordinated offering. This includes day-to-day bookkeeping, annual financial reporting under Luxembourg GAAP, tax filings, social security contributions, and compliance with the Trade and Companies Register (RCS) and Register of Beneficial Owners (RBE). For holding companies and SOPARFIs, the service extends to consolidation, financial management, and economic substance requirements.
A recurring pain point for businesses in Luxembourg has been the need to manage separate providers for each function, leading to coordination gaps and potential errors. Financial Services Luxembourg’s approach centralises these responsibilities under one provider, with a shared calendar of deadlines and a single point of contact. This is particularly beneficial for international investors and holding structures, where compliance with local regulations—such as transfer-pricing documentation and intragroup financing rules—is critical.
The firm, authorised under permits 10077274/0 (accounting) and 10077274/2 (ancillary activities), operates under strict regulatory oversight, including anti-money-laundering supervision by the Administration de l’enregistrement, des domaines et de la TVA (AED). While the service consolidates administrative tasks, it ensures that specialised work—such as audits or legal matters—is handled by qualified professionals (e.g., expert-comptables or réviseurs d’entreprises agréés) as required.
Mickaël LOC, Managing Director, highlighted the inefficiency of fragmented services: “Most companies in Luxembourg don’t struggle with individual obligations. The difficulty lies in coordinating them—ensuring the right information is submitted on time, every month.” The new model aims to eliminate this friction by aligning all financial and administrative processes under one provider.
This expansion could attract more businesses to Luxembourg by simplifying compliance, particularly for those unfamiliar with local regulations. The service’s structured approach—organised by stages of a company’s lifecycle (formation, operation, growth, and liquidation)—also reduces the risk of errors during transitions between providers.
Fun fact: Luxembourg’s eCDF platform, used for digital filing of annual accounts, is a key tool in the service’s workflow, ensuring seamless integration with the RCS and tax authorities.
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