New law for non-profit organizations in Luxembourg:
What you need to know and How AR SERVICES can assist
Luxembourg has recently introduced new legislation concerning non-profit organizations (ASBL). This reform aims to modernize the legal framework for ASBLs, enhancing their transparency and governance. As a chartered accountant and tax expert, AR SERVICES is ideally positioned to support you at every step of this legislative transition.
Key points of the New Legislation:
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Increased Transparency: ASBLs will now be required to meet stricter financial transparency obligations, including regular publication of their accounts.
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Strengthened Governance: The law imposes stricter governance standards, with clearer definitions of the roles and responsibilities of administrators.
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Compliance Obligations: There is a particular emphasis on compliance with accounting and tax standards, as well as on anti-money laundering measures.
How AR SERVICES can help:
AR SERVICES, with its expertise in accounting, taxation, and compliance, offers a comprehensive range of services to help you comply with this new legislation:
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Audit and Account Preparation: Our experts ensure that your accounts comply with the new legal requirements.
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Governance Advisory: We assist you in establishing effective governance in line with the new standards.
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Training and Awareness: We offer training on the new obligations for you and your administrators.
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Tax Compliance Support: Our tax specialists ensure full compliance with the new requirements.
Why Choose AR SERVICES?
With proven experience in the field of ASBLs and a dedicated team of experts, AR SERVICES is the ideal partner to navigate these legislative changes. We offer tailored solutions to meet your specific needs, ensuring your peace of mind.
Feel free to contact us to discuss how we can help you comply with this new legislation while optimizing your accounting and tax practices.
