Galux S.à r.l., Gaetan Hertz Employee and entrepreneur, it is possible You want to start as an entrepreneur but you do not want to quit your job? That is quite possible. You do not even need to tell it your employer (under certain conditions). In fact you can combine pai... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz Small businesses: 4 reasons to work with a registered accountant If businesses, including very small businesses do not have the obligation to entrust their bookkeeping to a registered accountant, working with an expert partner in the accounting, financial, social a... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz VAT: the deadlines CAUTION! The deadlines for the submission of VAT returns approach: September 30 for claims of foreign VAT October 30 for submission of the annual return... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz Fine for late filing of accounts In Luxembourg you have 7 month after the end of the financial year to publish company's accounts. After that the RCSL (Luxemburgish business register) will fine you for late filing. The fine is equal ... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz Why an umbrella company is not interesting for contractors? The tax administration is conducting tax reassessment on several dozen contractors which were employed through umbrella companies. Indeed some umbrella companies in Luxembourg have organized a tax fra... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz What do you need to know for the signature of a property sales agreement ? Despite the fact that we are not lawyers, we wanted to give some basics to our clients concerning the purchase of a property. Indeed, some of our clients faced some problems and deceptions are quite c... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz From a tax point of view, what do you need to do when moving to Luxembourg? If you are an employee , when youmoveto Luxembourg, you need to register to the “commune” (the municipality). You will automatically receive a tax card issued by the tax administration. It gives infor... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz What are the prerequisites to create your business in Luxembourg? Having a physical address in Luxembourg: Whether you are self-employed or you want to create a company, you must have your business in Luxembourg. For this you can either opt for a company domiciliati... 11 Dec 2024 Accounting
Galux S.à r.l., Gaetan Hertz Accounting for self-employed Since 01/01/2017, All self-employed people with a yearly turnover of more than EUR 100,000 should have an accrual accounting system. Below EUR 100,000 of yearly turnover and if you offer intellectual ... 11 Dec 2024 Accounting