GESCOLIB

Gescolib is an accounting firm on rue Pommier Genon in Lamouline, in the municipality of Libramont-Chevigny, at the heart of Luxembourg province. Founded in 2007, it has grown with new staff and now has a team of seven: accountants and a tax accountant certified by the ITAA, a certified bookkeeper and tax specialist, file managers and a secretarial and data entry team. The company is registered with the ITAA under number 50.478.901. The office is open every weekday morning, with afternoons reserved for appointments.

The firm handles all of a business's obligations, whether it trades as a sole trader or a company. Bookkeeping covers regular posting of purchases, sales, financial transactions, payroll and miscellaneous entries, from paper or digital documents. Follow-up is tailored to each client's needs and to how they want to receive information, for example through management tables or charts breaking down profits and costs. The team keeps a close eye on purchases, sales and cash to help clients manage their growth.

For VAT, Gescolib handles all formalities: monthly or quarterly returns, listings, intra-Community returns and Intrastat. Annual tax returns cover employees, self-employed people, farmers and company managers, with or without itemised actual expenses. Part-time self-employed people and private individuals also benefit from optimised tax deductions. The firm advises and assists clients during audits and requests from the tax authorities, and handles relations with the administrations.

The proximity of the Grand Duchy explains a specific service: preparing Luxembourg tax returns for cross-border workers, with advice and contact with the Luxembourg tax administration. For business creation, the firm provides a financial plan based on the client's information, helps find financing and supports all the steps. It also helps identify Walloon Region grants and subsidies for start-up and long-term development, and supports clients when they invest or hire staff.

A secretarial service completes the offer, handling paper and electronic mail, invoicing and unpaid invoices. The firm has built experience with e-invoicing and paperless documents, and provides the tools to process, send and store invoices digitally, with fully digital information sharing. It notes that everyone approaches these technologies differently and that they can be introduced at the client's own pace. It is recruiting file managers who know the BOB accounting software.