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Directors’ remuneration services - Are you compliant? Are you optimised? | Brochure


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In the wake of recent developments, the remuneration of directors have come increasingly under the spotlight. Further, the European Commission has issued new recommendations calling for a tougher approach to directors’ remuneration policies. From now on, being compliant and abiding by the corporate governance rules will require more consideration than in the past.

The issue

Directors’ remuneration servicesIn Luxembourg, when a company pays directors’ fees to an appointed director, a withholding tax of 20% applies. This tax regime leads to filing obligations for the company and in some cases for the director too.

On a broader scale, the position of a small country like Luxembourg, where lots of headquarters are gathered is susceptible to raise questions as varied as substance requirements, qualification of the executives’ remuneration, applicable tax and social security treatment, etc., considering the omnipresent international context.

Our added-value

Deloitte Tax-GES is a team of experienced tax professionals who are experts in the taxation of executive compensation.

We ensure that our clients comply with your tax obligations. We help them identify potential social security and tax risks and liabilities. We make appropriate recommendations to resolve issues and at the same time explore the options to make executive remuneration packages more attractive and efficient.

Our offer

Deloitte provides compliance and consultancy services tailored to our clients’ particular needs.

Compliance

To make sure that you comply with your obligations towards the tax authorities, we handle comprehensive compliance services related to the payment of directors’ fees, including withholding tax returns and year end reporting.

We also handle directors’ personal income tax returns when required or beneficial.

Consultancy

Beside ensuring continued compliance, we provide a full range of consultancy services, including, but not limited to:

  • Exploration of optimization scenarios for your executive compensation package;
  • Qualification of executive compensation for tax and social security purposes;
  • Analysis and recommendations on international tax and social security rules, risks and opportunities;
  • Advice on executive compensation in relation with substance requirements.

With our personalised service, you will be able to seize any opportunity and tackle all issues relating to a particular case.

Your benefits

You will not feel concerned any longer by the administration of directors’ fees since Deloitte will take care of all your tax obligations and will also ensure that each situation is tax optimised and associated issues are managed.

By being compliant and making the most of available opportunities, you will be seen as a responsible corporate citizen and will improve your reputation, especially in the light of corporate governance rules.

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