ACCOUNTING, 01Aut. 10077274 · 142 Boulevard de la Pétrusse, Luxembourg

Preparing the balance sheet in Luxembourg, accurate, filed on time.

Preparing the balance sheet means closing the financial year and stating the company's position: assets, liabilities and result. We prepare it under the standard chart of accounts and file it within the legal deadlines.

In short

The balance sheet is the accounting statement that presents, at the closing date, the assets (what the company owns) and liabilities (what it owes), together with equity. In Luxembourg it is part of the annual accounts prepared under the standard chart of accounts (PCN) and filed with the RCS via eCDF.

Legal basis

Annual accounts and balance sheet governed by the amended law of 19 December 2002 and the standard chart of accounts (Grand-Ducal regulation of 10 June 2009). Electronic filing via eCDF and publication with the Trade and Companies Register (RCS).

Key takeaway

  • The balance sheet is part of the annual accounts, prepared under the PCN.
  • Filing is electronic (eCDF) and with the RCS.
  • A well-prepared close secures taxation and financing.

Who this is for

  • Companies closing their financial year
  • Self-employed and liberal professions keeping accounts
  • Holdings and SOPARFIs
  • Buyers reconstructing an accounting position

What we do

  • Closing work and inventory entries
  • Preparation of the balance sheet and profit and loss account
  • Formatting to the standard chart of accounts (PCN)
  • Notes and preparation of the general meeting
  • eCDF filing and RCS publication

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Preparation checklist

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FAQ

Frequently asked questions

What does preparing the balance sheet involve?
Closing the financial year and stating the company's assets, liabilities and result, within the annual accounts filed with the RCS.
What format in Luxembourg?
The standard chart of accounts (PCN) structures the balance sheet and the profit and loss account; filing is via eCDF and the RCS.
What deadlines?
Annual accounts are approved at the general meeting, then filed with the RCS within the legal deadlines after closing. We manage the calendar for you.
Do you also handle the resulting tax?
Yes: from the balance sheet we prepare the tax returns (CIT, MBT, net wealth tax) and reporting.
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