Our Services

 

Our Areas of expertise

The expertise of PADDOCK CORPORATE SERVICES includes the setting-up, implementation and management of any type of Luxembourg non-regulated corporate entities with a focus on the following areas: Real Estate, Private Equity, Venture Capital, Philantropy and HNWI structures.

• Close cooperation with our client’s advisors or provision of dedicated advice.
• Preparation of articles of association in close coordination with client and notary
• Corporate name availability check
• Assistance in opening bank accounts (in accordance with the Luxembourg KYC rules)
• Preparation of AML/KYC/FATCA files for the domiciliation agent, the notary and the bank
Keeping and updating the Company’s files on the basis of the documents received by PCS, including the following documents:

• articles of incorporation and association of the Company;
• resolutions taken by the meetings of shareholders/directors/managers of the Company;
• shareholders’ register of the Company;
• annual accounts;
• Trade and Companies Register excerpts;
• publications regarding the Company in the Luxembourg Official Gazette (Memorial C);
• agreements entered into by the Company;
• all related correspondance.

• Organisation and documentation of meetings of the board of directors/managers of the Company;
• Organisation and documentation of the annual general meeting of the Company;
• Undertaking, at the cost and on behalf of the Company, of the mandatory legal publications as and where appropriate, such as, convening notices to the annual general meeting of shareholders, excerpts of resolutions of shareholders’ and board meetings, lodging of annual accounts;
• Reading, studying and treating of the correspondence addressed to the Company and apply for decisions if needed;
• Settlement by the Company of taxes or costs payable under Luxembourg law;
• Basic cash management of the company;
• Issuance of share certificates upon specific request and at the cost of the Company;
• others.

Professional assistance in the preparation of the annual accounts and reportings on documentation needed by the Company or by the group including the following:

• Maintaining the books and records of the Company mainly general ledger and a trial balance;
• Review of the net book value of the investments;
• Checking movements in inter-company accounts and loans;
• Adjusted trial balance with final closing entries (depreciation, accrual, interest computation on loans, year-end revaluation, computation of the tax accrual, …);
• Preparation of the statutory annual accounts including balance sheet, profit and loss account and notes in accordance with Luxembourg rules and regulations (LUX-GAAP);
• Lodging of the accounts with the Trade and Companies Register Luxembourg as well as their electronic filing on the governmental platform;
• Support and assistance to the auditors;
• Accounting support for general matters;
• Quarterly “taxe d’abonnement” returns (if SPF-status)
• other tailormade reporting.
Professional assistance in the preparation of Luxembourg tax returns to be provided to the Luxembourg tax authorities, including the following:

  • Corporate Income tax return (form 500);
  • Municipal Business tax return (form 500), if the company has commercial activities subject to this tax;
  • Computation of the Unitary Value as at 1 January of each year;
  • Computation of the details per shareholding (form 506a) where applicable;
  • Review of tax assessments;
  • Recommendation of improvements or savings;
  • Correspondence and meetings with the tax authorities.
• For specific tax advice, our sister-company stays available

BA TAX LINK

• Provision of qualified and independent company directors
• Pro-active involvement in the management of the company.
• Providing companies with a registered office
• Monitoring and follow-up of company correspondence (bank, lawyer, authorities, etc.)
• Assistance, where need of, renting dedicated furnished office space with relevant services (recruiting services, reception desk, phone & Internet access, etc.)

CONTACT

Feel free to contact us for any question you may have.

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