Fees by service line · Accounting

Accounting fees in Luxembourg in 2026

Updated 6 September 2026By Mickaël LOC, licensed accountant10077274

Accounting fees in Luxembourg depend on the number of entries processed per year: EUR 500 excl. VAT under 60 entries, EUR 1,200 up to 120, EUR 3,000 up to 400. As a monthly retainer, a simple company pays EUR 250 excl. VAT, an SME filing quarterly VAT EUR 485 excl. VAT. One grid, applied to every client.

Fees by service line: Company formation · Payroll · VAT · Corporate secretarial · Directorship · SOPARFI · Funds and SPV · Odoo Overview.

How much does bookkeeping cost in Luxembourg by volume?

Bookkeeping in Luxembourg costs EUR 500 to 3,000 excl. VAT a year depending on the number of transactions: the tier is read on your bank statements, not on your turnover. Each tier includes the software file, posting to the Luxembourg standard chart of accounts, matching and closing entries.

Annual bookkeeping, fees excl. VAT
Transactions per year	Annual fee	Estimated time	Included
Under 60 entries	EUR 500	4 h	Minimum fee: accounting file, posting, closing entries
60 to 120	EUR 1,200	8 h	Monthly matching and bank reconciliations
121 to 200	EUR 1,700	16 h	Third-party account follow-up
201 to 300	EUR 2,400	24 h	Interim statements on request
301 to 400	EUR 3,000	32 h	Same, reinforced senior review
Over 400	On quote		Scoping meeting, dedicated organisation

Volume is checked on your last twelve months of bank statements. One entry is one bank line or one invoice, whatever its amount.

What monthly retainer should you budget for accounting?

The monthly accounting retainer in Luxembourg runs from EUR 125 excl. VAT for a freelancer to EUR 755 excl. VAT for a company filing monthly VAT. It bundles bookkeeping, VAT returns, annual accounts, the corporate tax return and the annual general meeting minutes, spread over twelve months.

Recurring monthly retainers
Profile	Monthly retainer	What triggers this tier
Freelancer, turnover under EUR 100k	EUR 125	Under 60 entries, annual VAT, form 100 tax return
Freelancer, turnover over EUR 100k	EUR 199	Higher volume or VAT frequency
Company, entry-level file	EUR 260 (250 with the signing discount)	Turnover under EUR 112k, under 60 entries, annual VAT
Growing SME	EUR 485	Turnover EUR 112k to 620k, about 200 entries, quarterly VAT
Established company	EUR 755	Turnover over EUR 620k, about 400 entries, monthly VAT

What is included in and excluded from the retainer?

The accounting retainer includes every recurring legal obligation: bookkeeping, VAT, annual accounts with eCDF validation and RCS filing, the 500F corporate tax return, the annual general meeting minutes and periodic KYC review. It excludes exceptional events, always quoted separately before any hour is billed.

Included	Excluded, prior quote
Posting to the standard chart of accounts, matching, reconciliations	Catch-up or correction of prior years
VAT returns at the legal frequency, eCDF filing	Assistance during an ACD or AED audit
Annual accounts, eCDF validation, RCS filing (LBR fee at cost)	Unplanned interim statements, group reporting
500F tax return, general meeting minutes	Capital transactions, restructuring, liquidation
Named contact, reply within 24 business hours	506a and dividend returns, at partner or senior rate
7% administrative fee (ten-year archiving, licences, filings)	Late or unsorted documents, at time spent

Three annual accounting budgets, calculated

An annual accounting budget in Luxembourg is the retainer plus official disbursements: EUR 3,120 excl. VAT for a simple company, EUR 5,820 for an SME, EUR 9,060 for an established company, before any exceptional event.

Item	Simple company	Growing SME	Established company
Monthly retainer × 12	3,120	5,820	9,060
LBR filing fee, at cost (indicative)	about 20	about 20	about 20
Technical file opening, first year only	300 maximum	300 maximum	300 maximum
First-year total, excl. VAT	about 3,440	about 6,140	about 9,380
Following years, excl. VAT	about 3,140	about 5,840	about 9,080

Mickaël LOC's take

What blows an accounting budget is never the bookkeeping, it is late paperwork. A client who sends invoices by the 15th of the following month stays inside the retainer; one who sends them in June for the previous year pays the catch-up at time spent. Document discipline is worth more than any fee negotiation.

How is the retainer reviewed at year end?

The accounting retainer is reviewed at closing with a 10% tolerance in both directions: as long as the gap between time actually spent and the retainer stays under 10%, nothing is invoiced or refunded. Beyond that, only the part exceeding the tolerance is settled, on a written timesheet, and the retainer is adjusted for the next year, never retroactively.

Frequently asked questions

How much does an accountant cost in Luxembourg per month?

An accountant in Luxembourg costs from EUR 125 excl. VAT a month for a freelancer to EUR 755 excl. VAT a month for a company filing monthly VAT, a retainer covering bookkeeping, VAT, annual accounts and the tax return. A simple company pays EUR 250 excl. VAT a month with the signing discount.

Do accounting fees depend on turnover?

No. Fees depend on the number of entries and the VAT frequency, which itself follows turnover: annual under EUR 112k, quarterly up to EUR 620k, monthly above. Two companies with the same turnover can pay different fees.

Can I pay annually instead of monthly?

Yes. The monthly retainer is a smoothing; an annual payment in advance is accepted and does not change the price. The 10% tolerance and year-end review apply in the same way.

What happens if my volume grows during the year?

The tier change is noted during the year and the retainer is adjusted in writing for the remaining months, without retroactivity. Moving from 60 to 120 entries takes annual bookkeeping from EUR 500 to EUR 1,200 excl. VAT.