Accounting, annual accounts and eCDF filings
The engagement covers bookkeeping, periodic controls, PCN 2020 year-end closing, annual accounts preparation and coordination of statutory filings.
Legal obligations for Luxembourg companies
Key requirements, explained simply
Regular bookkeeping
Your bookkeeping must be kept continuously, complete and accurate (double-entry). Documents can be paper or digital, but must remain accessible in Luxembourg.
Law of 19 December 2002Document retention
Invoices, contracts, statements and supporting documents must be kept for 10 years (5 years in case of liquidation). A simple organization avoids time loss during closings, audits or bank requests.
10-year retentionAnnual accounts to prepare
Each year, you prepare your annual accounts (balance sheet, profit & loss, notes). The level of detail depends on company size and may trigger additional requirements.
Balance sheet, P&L, notesApproval on time
Accounts must be approved within 6 months after year-end, usually by the general meeting. This is required before filing.
6 months after year-endFiling with LBR and RESA
After approval, filing must be done within one month. In practice, this means no later than 7 months after year-end (e.g., 31/12 year-end → file by 31/07). Filing makes the information accessible and enforceable to third parties.
31 July deadlineFinancial penalties
Late filing: €50 in the 8th month, €200 between the 9th and 11th, €500 from the 12th. Personal liability of directors may be engaged.
Progressive finesScope of the accounting engagement
A controlled process from document collection through annual accounts and statutory filings
Ongoing bookkeeping
Entry and control of accounting documents, account reconciliation and bank reconciliations within a documented review process.
Annual accounts preparation
Preparation of balance sheet, income statement and notes compliant with Luxembourg standards. Ready for AGM approval.
eCDF & RCS filing
Preparation in the required structured format, validation controls on eCDF and coordination of the official RCS/RESA filing.
Monthly or quarterly reporting
Customized dashboards to track your activity: revenue, margins, cash flow. Clear figures to make decisions.
Advisory and optimization
Analysis of your results, concrete recommendations to improve your profitability and anticipate your needs.
Discuss your accounting needs
Get in touch for an initial conversation, no commitment.
Frequently asked questions
Accounting in Luxembourg
Does my company need to follow PCN 2020?
It depends on your legal form and your situation. PCN 2020 applies in particular to SA, SARL, SCA and SAS. Sole proprietorships below €100,000 turnover and civil companies may benefit from simplified requirements.
When is a statutory audit mandatory?
An audit becomes mandatory if your company exceeds 2 of the 3 thresholds for two consecutive financial years: €7.5M total balance sheet, €15M turnover, or 50 employees.
Can I change accountants mid-year?
Yes, it is possible. We can onboard you in line with professional ethics while respecting our obligations toward fellow practitioners. We organize the handover of documents and ensure a clean transition without disruption to your business.