Luxembourg Accountancy Services

Accounting and audit services are available in Luxembourg though they are expensive. All Luxembourg structures must prepare accounts and many must also be audited. Often the use of local providers is a condition of regulation and even where this is not the case it is generally better to use local service providers for accounts and audit to avoid duplication of work. For larger companies or groups of companies it may be beneficial to outsource some of the accounting work to a cheaper country. For more information about the thresholds for audit please see our main article on Luxembourg private companies.