Accounting and Reporting
Sound management starts with accurate and timely financial reporting. OmniTrust’s agile and flexible solutions enable us to assist any organisation, be it a commercial company or a firm within the financial sector - small, medium or large. Our assistance can be provided on site at your premises or remotely from our office. We can also provide you with extra staff to support your efforts during surges in workload and at other peak times.
Our accounting team members have the knowledge and the experience to handle complex matters like regular reporting for consolidation purpose in Lux GAAP, IFRS or other commonly used reporting GAAPs.
We can also assist in the development of tailor-made, custom-designed reporting that, for example, feeds into your monthly or quarterly management reporting package.
Tax and VAT compliance
Registration with the tax authorities as well as complying with all the tax reporting and filing can require significant time to prepare the various returns but also monitor com-pliance with applicable deadlines. We can assist with the registration process, prepare or review the returns, maintain the relationship with the authorities as well as coordinate with your tax advisors.
Over the last decade, regulation has been increasingly more complex, driven by national and international changes. In this context, managing this complexity is requiring more and more time from Management, reducing the time available for what really matters : managing and growing the business. OmniTrust can support you and relieve you from those tasks, like e.g. CRS and/or FATCA classification and reporting, Register of Beneficial Owners, etc
Managing the human capital requires the full attention of the HR personnel as the legal and tax framework is constantly evolving, with the introduction of additional holidays, new data protection rules or double tax treaties impacting the cross-border workers.
Given the current rapidly evolving markets, a restructuring of your business might prove to be the solution and that you decide to voluntarily liquidate one or more structures.
OmniTrust can help you coordinating the process with the various stakeholders (tax advisors, auditors, lawyers, notaries) and centralise the communication between the involved parties. We could also, at your discretion, act as liquidator or « commissaire à la liquidation ».
Incorporating a company can always be an administrative challenge, especially when coming from abroad and not having the local connections. In this respect, OmniTrust, through it’s connection with the Luxembourg ecosystem (lawyers, notaries, banks,…), can help you establishing or moving your business in an efficient way and liaise with the local administrations and bodies for all registration steps, including business licences.
With an extremely low vacancy rate in most of the area of Luxembourg-city, finding an office space is generally time consuming. We can assist you in your research or propose flexible and scalable range of solutions that would fit your need, from fully equipped office to a registered address, either temporarily or permanently.
The outsourcing of administrative tasks allows a company to focus on its core business and enabling to grab all growth/development opportunities. At the same time, the service provider that will support you in these administrative tasks will need to be more than just a provider, but really be a partner that will also contribute through its advices to support the decision-making process.