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Small businesses: 4 reasons to work with a registered accountant

11 December 2024 by
Galux S.à r.l., Gaetan Hertz
Accounting

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 and tax aspects of your professional and personal environment is nevertheless highly recommended.

A registered accountant informs you on the company's situation

The registered accountant does not only do the bookkeeping and present the financial statements. We are able to give you a clear image of the business financial situation.

The registered accountant helps you to take the right decisions

As an entrepreneur, you are constantly required to make choices. If some decisions have limited consequences, others may be strategic and complex.

When starting a business

The choice of legal status

The choice of tax options (corporate income tax or personal income tax)

The legal structure

The amount of share capital

The opening of the capital

As the business develops

How can I optimize my tax?

How to reduce my need for working capital?

Is it time to invest?

How much does an employee cost?

What would be the consequence of a particular decision on the result?

To remember

The decision support tools (projected balance sheet, various simulations…) proposed by the registered accountant, but also the information from his diverse experience and situation analysis, are often good advice. The figures and studies on this subject show that the support of a registered accountant to small businesses increases their lifetime.

More time and peace of mind

The registered accountant allows the entrepreneur to concentrate on his business

When a manager outsources his accounting to a registered accountant, he has more time to focus on his business. Our mission can be very broad and include the management of legal, accounting, tax and social security declarations. These time-consuming tasks do not allow you to work on tasks that you cannot delegate (management, marketing, purchase, trade negotiation).

The registered accountant brings you peace of mind

Outsourcing your accounting to us will bring you peace of mind about the quality of your books and tax declarations. Moreover, in case of error on our part, you will benefit from our insurance. We also guide you through the administrative maze!

Why Galux

We manage the legal, accounting, tax and social security declarations of small businesses in Luxembourg.

Want to focus on your business?

Outsource your accounting to us.

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