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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
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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
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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
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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
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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.
This Privacy Notice explains how Grant Thornton Luxembourg (“Grant Thornton Luxembourg”, “we”, “us” or “our”) collects, uses, shares, and otherwise processes your Personal Data in connection with your relationship with us as a candidate to a job offer, acting in accordance with applicable data privacy laws and regulations, which include the General Data Protection Regulation 2016/679 (“GDPR”).
We control the ways your personal data are collected and the purposes for which we use your personal data acting as “data controller” in the context of the GDPR.
Grant Thornton Luxembourg includes the following companies: Grant Thornton Tax & Accounting S.A.; Grant Thornton Audit & Assurance S.A.; Grant Thornton Financial Services S.A.; Grant Thornton Recovery & Reorganisation S.A.; Grant Thornton Advisory S.A.; Grant Thornton Vectis S.A; Tax Consult S.A.; Abax Trust SàRL ; Grant Thornton Technology S.A., Immobilière Bitbourg.
1. Personal data we collect about you
When using the term “personal data”, we mean information that relates to you and allows us to identify you, either directly or in combination with other information that we may hold.
We collect the data you include in your job application when you send us a spontaneous application or apply by email to a job offer:
- Identification data: name, surname, title
- Contact information: postal address, e-mail address, phone number
- Professional data: current position, work experience, educational background, CV, and cover letter
- In certain cases, a criminal record may be requested, in line with the applicable laws
- For certain regulated entities of Grant Thornton Luxembourg, a background check may be performed when required by the law.
Only the data that is strictly necessary for the purposes of processing your application is requested by us and does not include any special categories of personal data such as political opinions, religious beliefs or data concerning health.
We also collect personal data from:
- Your named referees, from whom we collect the following categories of data: name, periods of previous employment, performance during previous employment;
- Our referral program enabling our employees to recommend potential new hires;
- Publicly accessible sources, such as LinkedIn, where we collect: name, email, academic and work history, and other relevant data included on your profile;
- Third parties’ databases (for the background checks where required by law)
- Recruitment agencies we use for our hiring needs.
By providing your data, you expressly agree that your data will be processed by Grant Thornton Luxembourg for the purposes indicated in the section 2 below. We may not be able to process your application further if you do not provide the personal data described above.
2. How do we use your personal data
We process your personal data for the following purposes:
- Processing of applications received (registering, entering information in the database…);
- Assessment of the qualifications and skills needed to perform the job you are applying for;
- Communication concerning the hiring process (e-mails, phone calls, SMS messages);
- Referrals checks (where applicable);
- Holding unsuccessful applicants’ CV on file (where applicable) for the purposes of: (1) Complying with legal and regulatory requirements relating to discrimination or equal opportunities, or (2) for contacting you for future employment opportunities, provided you have agreed to that;
- Complying with Anti-Money Laundering and Countering the Financing of Terrorism law (AML/CFT).
Please note that in our recruitment process, we make use of Skeeled, a talent acquisition platform, to efficiently manage candidate applications and streamline the hiring process. This platform is designed to collect and store personal information provided by job applicants securely. For detailed information on how your personal data is collected, used, and safeguarded on the platform, please refer to the Skeeled Data Protection Notice.
3. Legal basis for data processing
For the purposes explained under point 2.:
- Legitimate interest of the employer;
- Performance of a contract or precontractual measures, depending on the stage of the recruitment process when the communication takes place;
- Consent: we will only contact your referrals if you give us your explicit consent; or if you have given us your consent to keep your CV for a longer period of time in case you are a fitting candidate for another similar vacant role;
- Legal obligation of the employer.
Whenever we process your personal data on the basis of your consent, you have the right to withdraw your consent at any time by contacting us as indicated below. Please, note that the withdrawal of your consent does not affect the lawfulness of the personal data processing based on consent prior to its withdrawal.
4. To whom might we disclose your personal data?
To achieve the purposes listed in point 2, the data is transferred to the following recipients:
- HR department and managers involved in the recruitment process, on a need-to-know basis;
- Third-party service providers acting as subcontractors and on instruction from Grant Thornton Luxembourg.
Where a service provider is involved, a contract is drawn up between Grant Thornton Luxembourg and the subcontractor in question and appropriate technical and organizational measures are put in place in accordance with Articles 28 and 32 of the GDPR.
When your personal data is transferred (including in the case of remote access) to a country outside the European Economic Area that is not subject to an adequacy decision, appropriate safeguards in accordance with Chapter V of the GDPR are put in place, such as Standard Contractual Clauses adopted and approved by the European Commission.
Should third parties use your personal data for their own purposes (as a data controller), we are not responsible for the handling of such data. In such instances, we encourage you to refer to their privacy notice for further details on how your personal data is being handled.
5. Data retention period
Your personal data is stored only for the time in relation to the purposes pursued by Grant Thornton Luxembourg. Thus, if you are unsuccessful, we will retain your personal data for up to 2 years after the end of the recruitment process. We can contact you in case a similar role becomes vacant for which you could be a fitting candidate, only if you have given us your consent for that beforehand.
Also, we retain your personal data in order to prove, in the event of a legal claim, that we have not discriminated against candidates on prohibited grounds and that we have conducted the recruitment process and the pre-employment screening in a fair and transparent way.
In cases where we request a criminal record as part of the pre-employment screening procedure, we will retain this in line with legal obligations under Art. 8-5 (2) of the Luxembourgish "Loi du 23 juillet 2016 portant modification de la loi du 29 mars 2013 relative à l’organisation du casier judiciaire", namely:
- For successful candidates, for 1 month from the beginning of the employment relationship.
- For unsuccessful candidates, this will be immediately deleted after the rejection of the job application
6. Security
Grant Thornton Luxembourg is ISO 27001 certified and implements appropriate technical and organisational measures to ensure a level of security appropriate to the risk so that the processing complies with the GDPR's Article 32.
These measures must provide for a level of security considered appropriate considering the technical standards and the type of personal data processed but also:
- The state of the art and implementation costs;
- The nature, scope, context, and purposes of processing; and
- The likelihood and severity of the risk to the rights and freedoms of natural persons.
Security requirements are continually evolving, and effective security requires frequent assessment and regular improvement of outdated security measures. We are committed to continuously evaluate, strengthen, and improve the measures we implement.
7. What are your rights regarding your data?
As a natural person, you have several rights regarding your personal data including:
- The right of access: You can request access to the data concerning you at any time as well as a copy of the data;
- The right to rectification: You can request at any time that inaccurate or incomplete data be rectified;
- the right to request the erasure of data: You can request that your data be deleted when, for example, the data is no longer necessary for the purposes for which it was collected or processed;
- The right to restriction of processing: You can request that Grant Thornton Luxembourg restrict the processing of data if, for example, you question the accuracy of the data concerning you or if you object to the processing of data concerning you;
- The right to data portability: You have the right to have your data transferred to another data controller in a structured, commonly used and machine-readable format, if the processing is carried out by automated means and if it is based on prior consent or on a contract to which you are a party;
- The right to object to data processing: You can object to the processing of your data and can withdraw your consent if the processing is based on consent, for example if the data is used for commercial prospecting purposes.
You can exercise your rights by contacting the Data Protection Officer (DPO) by email at DPO@lu.gt.com.
Requests will be dealt with by the DPO and will be responded to within 1 month starting from the moment of your identity confirmation. We may extend the time limit by a further 2 months if the request is complex or if we have received a high number of requests from individuals.
We may request additional information to help us confirm your identity where deemed necessary, when you exercise any of your right. This is a security measure to ensure the non-disclosure of your personal information to an unauthorized person.
You will in general not have to pay a fee to exercise any of your individual rights mentioned in this Policy. However, we may charge a reasonable fee if your request to exercise your individual rights is manifestly unfounded or excessive. Alternatively, we may refuse to comply with the request in such circumstances.
You also have the right to lodge a complaint at any time with the National Commission for Data Protection (“CNPD”), the Luxembourg supervisory authority for data protection issues, or any other competent supervisory authority of an EU member state.
8. Updates to the Privacy Notice
We keep this Privacy Notice under regular review, and we may change, modify, add, or remove portions from the Privacy Notice at any time. We will post any modifications or changes to this Privacy Notice on our website prior to such changes taking effect.
Last update: 16 Ferbuary 2024