Tax advisor in Luxembourg, returns, compliance and documented positions.

"Tax advisor" is not a regulated title in Luxembourg: it is a function, performed by a licensed accountant, a chartered accountant registered with the OEC or a tax lawyer depending on the case. Financial Services Luxembourg SARL-S acts as a licensed accountant: we prepare your tax returns, secure compliance and document the positions taken. Services reserved to the chartered accountant and legal tax advice are coordinated with duly qualified professionals, without you changing contact.

In short

A tax advisor handles the tax obligations of a company or an individual: preparing returns, computing the tax charge, meeting deadlines and supporting positions in the event of an audit. In Luxembourg the function carries no protected title, but its exercise is regulated: each professional acts within the limits of their business licence or professional body.

Legal basis

Amended law of 2 September 2011 on the right of establishment: the accountant prepares tax returns for legal entities and individuals and may not perform services reserved to the chartered accountant (source: "Comptable" factsheet, guichet.public.lu). Amended law of 10 June 1999: the chartered accountant title is reserved to members of the Ordre des Experts-Comptables. FSL holds licences 10077274/0 (accountant) and 10077274/2 (activities ancillary to the chartered accountancy profession), verifiable on guichet.public.lu.

Key takeaway

  • "Tax advisor" is a function, not a protected title in Luxembourg.
  • A licensed accountant prepares returns for both entities and individuals.
  • Services reserved to the chartered accountant and legal advice fall outside that scope: we coordinate them.
  • The deadline to challenge a tax assessment is three months (§ 228 AO).

Why "who is my tax advisor" is the wrong question

Most Luxembourg companies look for a tax advisor when they actually need three distinct things: someone to produce returns on time, someone to arbitrate uncertain positions, and someone to defend them in a dispute. These do not call for the same professional, nor the same budget.

Producing returns is compliance work, anchored in the annual accounts: it is the core of the licensed accountant role. Arbitrating complex positions and giving legal tax advice fall to the chartered accountant or the lawyer. Conflating the three means either paying lawyer rates for a routine filing, or handling in-house a question that deserved an opinion.

What our engagement covers, and what it does not

We prepare corporate and personal tax returns and VAT returns, and we track assessments and advances. We document the positions taken, which is the only real protection under audit: a defensible but undocumented position defends poorly.

We do not perform services reserved to the chartered accountant and we do not issue legal tax opinions. When your file calls for a formal opinion, an advance decision or litigation representation, we prepare the technical file and hand it to the qualified professional. You keep a single contact and you do not pay twice for the same analysis.

The three points where a tax file goes wrong

The first is late filing. An unfiled return exposes you to an assessment on an estimated basis, almost always unfavourable. Catching up costs more than routine production, and challenging it turns on short deadlines.

The second is inconsistency between the accounts filed with the RCS and the tax return. Both data sets are available to the administration: an unexplained gap is an invitation to audit. The consistency check between annual accounts and the return is part of our routine work.

The third is a tax assessment received and filed away unread. The claim deadline is three months from notification (§ 228 of the General Tax Law). After that, even an obvious error becomes very hard to correct.

Tax advisor, accountant, chartered accountant, lawyer: who does what?

Licensed accountant (FSL)Chartered accountant (OEC)Tax lawyer
Regulated titleNo, business licenceYes, registered with the OrdreYes, registered with the Bar
Tax returnsYes, entities and individualsYesPossible, rarely the core engagement
Services reserved to the OECNoYesNo
Legal tax opinionNo, coordinated with a lawyerDepending on the engagementYes
Litigation and claimsFile preparationDepending on the engagementRepresentation

Who it is for

  • Luxembourg companies wanting a single contact for their filings
  • Directors and self-employed whose personal and business positions overlap
  • Foreign groups with a Luxembourg subsidiary or holding
  • Companies behind on filings or under audit

What we do

  • Corporate tax returns (form 500): CIT, municipal business tax and net wealth tax
  • Personal tax returns (form 100), including cross-border situations
  • VAT registration, periodic returns and annual VAT return
  • Quarterly advance computation and deadline tracking
  • Consistency check between filed annual accounts and the tax return
  • Documentary assistance for information requests from the ACD or AED

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Preparation checklist

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Trusted by our clients

4.9/5 · 122 Google reviewsReviews and case studies
PPierre AnisimovGoogle reviewExcellente expérience. Communication fluide et équipe très réactive. Très satisfait de leurs services, fiables et professionnels. Je recommande vivement.MMichel NillesGoogle reviewI connected with Financial Services because they were on my list, and it was a fantastic decision. Their expertise in financial services is real.RRonaldo Robalo RochaGoogle reviewIch bin seit mehreren Jahren Kunde und äußerst zufrieden mit ihren Buchhaltungsdienstleistungen. Das Team ist erstklassig.Ccora magloGoogle reviewCette société fait notre comptabilité ainsi que celle de plusieurs de nos clients, sociétés commerciales et holdings, depuis 2017.BBenoit KaldonskiGoogle reviewConfier l'incorporation de ma société à Financial Services a été un véritable soulagement. Leur maîtrise des démarches administratives est remarquable.AAlicia MartinGoogle reviewService très professionnel et compétent. Les prix sont très abordables, rapport qualité prix très positif. Monsieur LOC est une personne formidable.BBonald MeasGoogle reviewMickaël is an expert in accounting and will provide counsel to optimize your tax. Professional, always available and super reactive.SSandra FernandezGoogle reviewMerci pour votre temps et vos conseils, mais surtout pour votre gentillesse et votre humanité. Un comptable-fiduciaire passionné et à votre écoute.AAndrei AlexandruGoogle reviewThe best in Luxembourg, prompt service. A person that everyone wants to have like a friend. Thank you for all the good things.TThomasGoogle reviewUn cabinet d'un grand professionnalisme, attentif aux besoins de ses clients, prodiguant des conseils avisés. Je ne peux que le recommander.FFlorinda NzangiGoogle reviewMuy profesionales en su trabajo. Los recomiendo sin dudar.PPaulina SefikGoogle reviewNous vous remercions pour votre travail et votre rapidité. Deux ans qu'on vous fait confiance et on ne le regrette jamais.

The process, step by step

01

Scoping

Review of the tax position: legal form, open years, late filings, ongoing audits. We tell you upfront what falls within our scope and what calls for a chartered accountant or a lawyer.

02

File handover

Recovery of prior returns, tax assessments and ACD correspondence. Reconstruction of the positions taken by the previous provider.

03

Preparation

Returns prepared from the annual accounts, with a consistency check between the tax return and the accounts filed with the RCS.

04

Approval

You review, we document every significant position before filing. An undocumented position is an indefensible position under audit.

05

Follow-up

Assessment checks on receipt, verification of advances called, alerts on claim deadlines.

FAQ

Frequently asked questions

Is the tax advisor title regulated in Luxembourg?

No. Unlike "expert-comptable" and "réviseur d'entreprises agréé", which are protected titles, "tax advisor" describes a function. What is regulated is its exercise: each professional acts within the limits of their business licence or professional body.

Can an accountant prepare my tax returns?

Yes. The "Comptable" factsheet on guichet.public.lu states that the accountant prepares balance sheets and tax returns for legal entities and individuals, without performing services reserved to the chartered accountant.

What happens if my file needs a legal tax opinion?

We prepare the technical file and hand it to a lawyer or a chartered accountant registered with the OEC. You keep a single contact and the analysis is not duplicated.

How long do I have to challenge a tax assessment?

Three months from notification, by claim addressed to the director of the Direct Tax Administration (§ 228 of the General Tax Law). We check assessments on receipt precisely so that this deadline does not lapse.

Do you take on files with late returns?

Yes. We start by listing open years and any estimated assessments, then prioritise according to the remaining challenge deadlines.
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