The Corporate Sustainability Due Diligence Directive (CSDDD) has been published in the Official Journal of the European Union, marking a major advancement in promoting sustainable business practices across Europe.
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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.
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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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At Grant Thornton Luxembourg, our experts can help you navigate the complexity of International Financial Reporting Standards (IFRS).
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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.
As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...
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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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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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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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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.
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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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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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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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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Grant Thornton Luxembourg is delivering local and international direct and indirect (VAT) tax, payroll, transfer pricing, corporate finance, reporting,...
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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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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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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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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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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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Tax - Financial Services & Operational Tax
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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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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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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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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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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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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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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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Grant Thornton Luxembourg is dedicated to providing a full range of services to SME and private-owned enterprises.
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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.
Do you aspire to create a sustainable and meaningful impact?
Grant Thornton provides you with a complete consulting and reporting solution to create sustainable and meaningful impact.
The increasing regulation and investor demands for explicit disclosure on sustainability and ESG aspects are of critical importance to a business's survival in the long term.
Grant Thornton Luxembourg offers advisory services to clients who wish to monitor, measure, and disclose their sustainability performance.
The adoption of a solid, long-term, sustainability strategy where goals, impacts, and risks are well-defined and disclosed is of critical importance to a business's survival. To create a positive impact on a business sphere of operation, an effective analysis of environmental, social and governance (ESG) aspects is key. This way an organisation can tackle, transparently and comprehensively, issues that relate to business continuity and sustainability; and safeguard its business reputation by realising its role in society.
The increasing regulatory pressure for comprehensive disclosures on sustainability and ESG aspects underscores the critical importance of fortifying operations for the future. This highlights the essential balance between profitability and upholding strong values within businesses. In particular, ESG disclosures have become a fundamental part of assessing the value of an investment for many investors, as they reinforce credibility and strengthen business engagement with stakeholders.
United Nations Global Compact
Since 2021, Grant Thornton Luxembourg has become an official signatory of the United Nations Global Compact (UNGC), the largest corporate sustainability initiative in the world. With this action our firm actively promotes the adoption of UNGC’s Ten Universal Principles on human rights, labour, environment and anti-corruption.
Not having a strategic approach to sustainability and ESG may result in:
- Not adequately capturing risks
- Non-compliance that may imply financial penalties, increased taxation
- Inefficient budget allocation – false cost savings
- Negative environmental and social impacts
- Restricted access to capital
- Weaker brand value and more reputational risks
- Non-alignment with emerging markets trend
- Loss of human capital
At Grant Thornton, we recognise the need of our clients to operate responsibly and uphold the high standards posed by the sector they operate. We understand that sustainability and responsible investment are of increasing importance to them and their stakeholders. Through sustainable practices, organisations can accelerate the transition to a more sustainable, circular, and inclusive economy.
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. We provide added value by bringing light to the complex spectrum of challenges that sustainability entails at the national and international levels.
Our services
Grant Thornton Luxembourg provides advisory services to clients who wish to enhance their sustainability performance or start their journey in sustainability.
- Sustainability Strategy (Corporate Sustainability, Net-Zero, Circular Economy)
- Regulatory Sustainability & ESG Compliance (SFDR, CSRD, EU Taxonomy, MiFID II, AIFMD, UCITS, CRR)
- Stakeholder engagement & Value chain management
- Double Materiality Analysis
- ESG Readiness Assessment
- Sustainability & Impact Reporting
- Financing Sustainable Solutions (Sustainable: Green/Social Bonds & Loans)
- Sustainable Finance & Impact Investments
- Upskilling & Trainings
Key benefits at a glance
- Brand differentiation
- Innovation
- Operational efficiency
- Increased capital availability
- Risk minimisation
- Talent retention
For more information, please contact our Head of Sustainability & ESG Services Fani Xylouri.
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Advisory
Corporate Sustainability Due Diligence Directive is Officially Published
Advisory
A Greenlight for the Corporate Sustainability Due Diligence Directive (CSDDD)
In a significant development for corporate responsibility, the Council of the European Union approved the Corporate Sustainability Due Diligence Directive on the 24th of May 2024, marking the culmination of its adoption process. This directive mandates large corporations to address the adverse impacts of their activities on human rights and the environment, backed by stringent penalties for any failure to comply. Significantly, this holistic framework does not just target the primary companies but also ensures that accountability is fostered through their subsidiaries and business associates across the entire value chain.
Press release
We become an official signatory of the National Pact on Business and Human Rights
LUXEMBOURG – Grant Thornton Luxembourg has become an official signatory of the National Pact on Business and Human Rights.