Loading organizations...
Key people at KPMG Luxembourg.
KPMG Luxembourg provides audit, tax, and advisory services to clients from its base in Luxembourg City, Luxembourg. As a member firm of the global KPMG network, it offers expertise primarily within the financial services sector, serving multinational organizations, local businesses, and public sector entities. The firm's business model relies on fees generated from these professional services engagements. In May 2024, KPMG Luxembourg appointed seven new Partners to strengthen its leadership across key service lines. The KPMG Luxembourg Foundation, established in 2009, continues its societal impact activities, as detailed in its accounts to September 2024. KPMG Luxembourg was established in 2005, tracing its global network's origins to firms founded by William Barclay Peat, James Marwick, Piet Klynveld, and Reinhard Goerdeler. Its business model centers on professional services firm earning revenue through fees for audit, tax, and advisory engagements.
Key people at KPMG Luxembourg.
KPMG Luxembourg is the Luxembourg member firm of the global KPMG network, operating as KPMG Luxembourg, Société Coopérative, and serving as one of the country's leading providers of audit, tax, and advisory services.[1][3] With over 1,600 employees, it focuses on helping clients mitigate risks, seize opportunities, and improve performance through tailored professional services, particularly in Luxembourg's prominent financial sector.[3] The firm actively participates in key industry groups such as the Haut Comité de la Place financière, Commission de Surveillance du Secteur Financier (CSSF), Bankers’ Association (ABBL), Association of the Luxembourg Fund Industry (ALFI), and Luxembourg Institute of Directors (ILA), underscoring its influence in finance, funds, and regulatory compliance.[3]
Luxembourg's status as the second-largest investment fund center globally (after the US) and a hub for fintech aligns with KPMG Luxembourg's expertise in supporting corporate headquarters, mergers and acquisitions (M&A), international tax, and legal advisory for multinational firms establishing operations in the region.[4][7][8]
KPMG Luxembourg traces its roots to the global KPMG network, formed in 1987 through the merger of Peat Marwick International and Klynveld Main Goerdeler (KMG), which themselves originated from earlier firms dating back to the late 19th and early 20th centuries.[1][2] Key founding figures include Piet Klynveld (Amsterdam, 1917), William Barclay Peat (London), James Marwick (New York, 1897), and Dr. Reinhard Goerdeler, who drove the KMG formation in 1979.[1][2]
Locally, KPMG's presence in Luxembourg began in 1988 with just 50 employees, marking its 30th anniversary around 2018 amid rapid growth in a multicultural environment.[5] The firm has since expanded significantly, leveraging Luxembourg's evolution as a European financial gateway with political stability, skilled multilingual workforce, and business-friendly regulations.[4][7]
KPMG Luxembourg plays a pivotal role in Luxembourg's ascent as Europe's fintech and investment fund powerhouse—the second-largest fund center worldwide—by advising on regulatory compliance, fund structuring, and tech-driven financial innovations like Shariah-compliant funds and Sukuk listings on the Luxembourg Stock Exchange.[4][7][8][9] It capitalizes on market forces such as the country's top-ranked productivity, low corruption, expatriate safety, and proactive legal updates that attract global banks, insurers, and tech firms.[4][7]
The firm's advisory on corporate relocations and M&A supports the influx of tech companies into Luxembourg's "lively fintech scene," third globally in growth promise per KPMG studies, amplifying the ecosystem's openness to innovation amid EU-wide digital finance trends.[4][7][8]
KPMG Luxembourg is poised for continued expansion, driven by Luxembourg's fintech momentum and demand for specialized advisory in sustainable finance, digital assets, and cross-border M&A. Evolving EU regulations on funds and tech will likely heighten its influence, with trends like AI in auditing and green finance shaping client needs. As the firm builds on its 1,600+ workforce and network ties, it will remain central to Luxembourg's role as Europe's financial innovation gateway, sustaining its leadership in audit, tax, and advisory for a tech-integrated future.[3][7][9]
