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Valuations
For organisations involved in a transaction, dispute, merger, acquisition or restructuring, the value of the company involved and its assets will be an important commercial consideration. A clear and thoughtful view of the respective value is therefore essential in such situations.
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Due diligence
Due diligence identifies risks and examines potential financial, tax, legal or operational pitfalls. We offer robust due diligence services, clearly tailored to our clients' requirements.
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Independent trusted advice
Do you want to sell your business or rather grow it through an acquisition?
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Corporate reorganisations
Redesigning your group structure can mean significant cost savings and/or efficiency improvements. The restructuring provisions of the Companies and Associations Code (merger, demerger, contribution or transfer of branch of activity, etc.) provide you with the legal means to achieve this.
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Legal support
Mergers and acquisitions represent a challenge for dynamic organisations. As a manager or entrepreneur, you want to look at this challenge from all sides to obtain the best conditions. That is why our professionals work on the basis of integral process management during merger, sale or acquisition processes.
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Transfer pricing
Our experts help document your transfer pricing principles, intra company transactions and internal reporting and organisation. They design and implement settlement pricing structures for both national and multi-national companies. When services are centralized, they determine acceptable costs and margins.
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Global mobility services
International employment has become a standard practice in today's HR policies. Nevertheless, it raises several questions for both the expat and the employer.
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International tax & VAT
If your business has grown internationally or if you’re considering to take the step to expand abroad, you want to continue maximizing your efforts. Where domestic corporate tax laws may already be quite complicated, local legislation in other countries and international tax laws will most certainly add to the complexity of your business environment and organization.
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IFRS reporting
IFRS reporting services for international groups and SMEs.
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Financial statement audit
As a large organisation, you are required by law to appoint an auditor to report to the general meeting on the (consolidated) financial statements.
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Agreed upon procedures
As an entrepreneur or manager, you may entrust specific work to your company auditor. The nature, extent and scope of these activities or procedures are always mutually agreed upon.
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IFRS reporting
The European International Financial Reporting Standards (IFRS) have been mandatory for listed companies in the European Union since 2005. However, these standards also offer specific advantages for unlisted companies and SMEs.
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Legal assignments
When significant events occur, the Companies Act imposes audit and reporting obligations on your company. In which cases is reporting required?
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Transaction advisory services
As independent advisers, our transaction specialists offer independent advice, not just on the financial aspects, but throughout the transaction cycle. Their independence is beneficial both to buyers as well as sellers. Our advisers work according to a structured methodology, keeping track of all financial, operational and strategic elements.
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Restructuring
Based on our "to-the-point" analyses, we identify with you the appropriate restructuring opportunities to help improve cash flows, results and balance sheet positions in the short term.
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Risk and compliance management
What are the risks to my business? What steps should I take to avoid these risks? Our business-risk advisers will be happy to help you get started.
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Internal audit
An effective internal audit function helps dynamic organisations better manage risks and turn them into opportunities.
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Cyber risk services
Cybersecurity and data privacy threats evolve on a daily basis. It is essential to recognize the threats, understand your exposure, balance your priorities and formulate a comprehensive response. We provide support in addressing both global and local cybersecurity and privacy compliance needs. We assess the risks of cyberattacks and the maturity of security programs, and we recommend and implement workforce, process and technology solutions to protect information assets. Contact us for a solid strategy that will help you proactively manage cyber risks both inside and outside your organization. We are ready to help you safeguard your future.
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Data analytics & process mining
Companies have a huge amount of data at their disposal, and that amount of information is also increasing every day. Gaining deeper insight through data analysis can increase the value, commercial challenge and level of understanding of the business.
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Process optimisation and internal controls
Futureproof organisations need to regularly revisit their strategies and objectives thereby optimizing their tactics, processes, internal controls and systems
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Forensic & integrity
Fraudsters become more inventive and can adopt different strategies depending on their target’s weaknesses. It is therefore crucial to ensure the appropriate level of fraud risk preventative measures are present in your organization.
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Sustainability & Impact services
How do I really make sustainability part of my strategy? How do I realise valuable impact? How do I get a grip on climate-related risks and opportunities? We can help you in your ESG journey.
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Whistleblow services
A whistleblowing programme helps your organisation to both prevent and detect fraud quickly. That way, you can reduce and even avoid fraud losses.
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Corporate tax
Laws on taxation are dynamic. Making sure your organization’s liabilities are met, requires constant monitoring and managing. Our advisers can offer case-by-case advice, help you coordinate, assist in filing reports, assess your risks, … or fully execute compliance processes.
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VAT
This requires a high level of experience, knowledge and insight of indirect tax, but also of your industry and organisation. Our team of full-time VAT specialists can assist you in various fields, ranging from advice and risk control to implementation and optimisation. As companies need advice as well as assistance and support, we execute and assist in fulfilling the necessary formalities and apply for permits.
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International tax & VAT
If your business has grown internationally or if you’re considering to take the step to expand abroad, you want to continue maximizing your efforts. Where domestic corporate tax laws may already be quite complicated, local legislation in other countries and international tax laws will most certainly add to the complexity of your business environment and organization.
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Compensation & benefits
To recruit and retain the best talent, it is essential to offer optimised and competitive pay packages. Grant Thornton helps you put together attractive packages tailored to your activity and the profile and expertise level of your employees.
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Transfer pricing
Our experts help document your transfer pricing principles, intra company transactions and internal reporting and organisation. They design and implement settlement pricing structures for both national and multi-national companies. When services are centralized, they determine acceptable costs and margins.
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Global mobility services
In a globalised world, businesses must work seamlessly across borders. Organisations operate in multiple countries and view international expansion as a strategic objective. International talent mobility is a key element of a successful global business and with it comes challenges and risks, as well as opportunities. With ever changing global tax regulations, an effective, compliant and cost-efficiently managed international mobility program is a critical component of successful talent management and business operations.
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Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
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Legal support & contracts
Running your business on a day-to- day basis often has legal consequences. Not only key moments such as take-overs, shares transactions and mergers require legal support, but also your organisation’s daily operations. This is why our legal advisers are equipped to provide you with advice in many fields, both at a national and at an international level. They develop an understanding about your organisation’s activities and development plans. This allows them to offer you up-to date, relevant advice supporting your business.
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Company law & acquisitions
Your organisation is accountable towards many stakeholders: shareholders, board members, management and many more. Needless to say expert support to fulfill all reporting requirements can mean added value to your business.
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Labour and social security law
Belgian labour and social security legislation is a maze of schemes and regulations that employers tend to get lost in. Our legal experts issue advice and assist you, from the employee joining the company until leaving the company due to termination, retirement etc
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IT law & GDPR
Every business depends on ICT support. Given the business-critical nature of many ICT applications, concluding solid contracts is an absolute must. Grant Thornton has extensive expertise in consulting on and drafting various types of ICT contracts.
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Legal Counsel as a Service
Does your company need a 100% committed 'specialised' generalist who really knows the ins and outs of your company? Someone who thinks from your business perspective and provides pragmatic legal support by knowing your business strategy, its operations and business specifics? We can answer this need with "Legal counsel as a service".
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Accounting & reporting
At Grant Thornton, we offer you our accounting services either on a fully outsourced basis or a co-sourced basis. Whether you choose to have our experts to take care of all of your financial reporting requirements on your behalf or you choose to use our services for a project or a part of your accounting function, we have the skills and experience to deliver the right quality output you need.
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CFO-as-a-service
Are you a dynamic SME and do you want to be able to fall back on the expertise of a CFO? But is a full-time CFO still too big a step for your organisation? Grant Thornton offers you CFO-as-a-service.
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Outsourcing
Your financial information is an important management tool. That is why it is important your entire reporting process, from budgeting to filing financial statements is in line with your strategy and information needs.
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Consolidation
Our experts have a broad practical experience in consolidation. The methodology that we apply, guarantees a complete transparence of the consolidated data.
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Global Compliance and Reporting Solutions
As an entrepreneur operating in different countries, you are often confronted with various local obligations (VAT, direct taxes, financial reporting, etc.). Thanks to our Global Compliance and Reporting Services (GCRS), we offer you the solution in this regulatory tangle.
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Values and business culture
Our values guide us globally in the right direction to support our clients and ensure our own evolution, both individually and within our teams.
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Flexibility and work-life balance
Flexibility and responsibility are our core values, both at work and beyond. So you can be ambitious while continuing to pursue a good work-life balance.
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Client portfolio
We learn and grow together with our customers. That is why you get a varied customer portfolio with companies from very diverse sectors.
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International network
With 62,000 colleagues in over 140 countries, we are one of the largest accountancy and advisory firms worldwide. You benefit from that enormous expertise.
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Inclusive business culture
Whatever your experience, background, race, diploma, gender or orientation, you are welcome! We are interested in you as a person, so bring your full story with you.
(update 21/03/2023)
All Belgian companies which are a member of Grant Thornton International Ltd (hereinafter collectively, "Grant Thornton", "we", "us" and "our") understand how important privacy is to you and respect your privacy.
Please read this privacy statement carefully. We explain in it:
1. What data we collect
2. How we collect your data
3. How we use your data
4. To whom we transfer your personal data
5. How long we keep your data
6. How we secure your data
7. How to exercise your rights as a data subject
8. Changes to this privacy statement
1. What data we collect
The categories of personal data we collect may include:
- Identification data and contact information: surname and first name, user name, address, telephone and/or mobile phone number, e-mail address, national register number, passport number, identity card number, copy of passport or identity card, company number, bis register number, license plate number, etc.
- Personal details and data on family composition: gender, age, date of birth, place of birth, nationality, immigration status, marital status, marriage or form of cohabitation, names of spouse or partner, names of children, number of children, dependants, date of marriage, date of cohabitation contract, date of divorce, etc.
- Financial and tax information and data on insurance, contracts and property: bank account numbers, financial resources (income, professional expenses, debts, etc.), mortgages and loans, type of insurance, premiums paid, taxes paid, tax refunds, benefits and dividends received, rights to immovable and movable property, intellectual property rights, share ownership, contractual terms, pre-contractual information, disputes, etc.
- Images and audio-visual recordings: photos, video clips on our website and social media, etc.
- Data related to the provision of our products and services and the prospection thereof: offers, invoices, payment details, products and services delivered, contracts, etc.
- Data related to jobs and employment: job title, career, remuneration, benefits granted, training, diplomas, certificates and licences obtained, specific professional skills, termination conditions, etc.
- Marketing data and data concerning the use of our website and social media: marketing preferences, opt-in and opt-out requests, participation in events organised by Grant Thornton, posts on the social media applications we operate (facebook, instagram, blogs, forums, etc.), browser type, language preference, IP address, etc.
- Data related to complaints, requests and their handling.
Furthermore, we may collect personal data of a so-called "sensitive" nature (special categories of data), such as:
- Health, e.g. a disability or other specific medical condition (allergy, etc.) which we must take into account when the data subject enters our business premises or when we organise a business lunch
- Political or philosophical convictions, e.g. in the context of social elections, of trade union delegates, due diligence assignments, social law advice, etc. and
- Criminal data, e.g. traffic fines of our employees, extract from criminal records in the context of assistance with immigration applications, etc.
Our products, services and website are not targeted or tailored to children. Therefore, except possibly from our employees and in the context of specific services to certain customers, we do not collect and store children's personal data in an actively intentional manner.
2. How we collect your data
We collect personal data in various ways, in particular personal data we receive:
- from the data subject himself/herself
- from the data subject's employer, for example when our customer or supplier is a company and the data subject is designated by this company as a contact person, when we conduct a due diligence, or when we need to process personal data as part of our services to the data subject's employer
- from our customers, about their customers, suppliers and other data subjects whose personal data they collect
- from other parties, e.g. government agencies or the data subject's advisers and other consultants, or when our customer provides information about their family members e.g. as part of our tax or legal services
- through the data subject's use of our website, social media and other tools
- publicly available information.
3. How we use your data
The personal data we process always depends on the specific circumstances, e.g. the nature of the service or product we are required to provide, the legal obligations we are subject to, the legitimate interests we have to do so or the specific consent you have given us to do so.
We process your personal data in connection with the scenarios below based on the performance of a contract or/and the pursuit of a legitimate interest:
- Supply of products or services to our (potential) customers
- Processing in the context of our own administrative, accounting and corporate law obligations
- Internal risk analyses, audits, quality and safety control
- Direct marketing.
We have a legitimate interest in processing personal data of our customers or contact persons of our customers for the purpose of sending, by electronic means, advertising messages, newsletters, invitations to commercial events and the like, provided they relate to similar products and services. However, you have the right to object to it at any time, without prejudice to the lawfulness of processing based on legitimate interest before your exercise of right. See section 7 for more information: How to exercise your rights as a data subject.
In some cases, we have a legal obligation to process certain personal data in order to carry out our independence checks, for example:
- As an employer, our obligations include collecting certain information, such as the national registration number, marital status and family situation of our employees and, where appropriate, passing it on to the competent public authorities;
- In the context of our professional activities, we have an obligation to collect certain information concerning our customers, their management and their stakeholders and, if applicable, to pass it on to the competent public authorities, e.g. the identification obligation under anti-money laundering and anti-fraud legislation.
We process the following data on the basis of your consent:
- Direct Marketing: with your consent, we process your e-mail address and/or telephone number for marketing purposes.
- Cookie: we use essential cookie data when you navigate the website, and with your consent we use non-essential cookie data for marketing and analytics purposes. You can find more information about our use of cookies in our cookie policy.
You have the right to withdraw your consent at any time, without prejudice to the lawfulness of processing based on consent before your withdrawal. See section 7 for more information: How to exercise your rights as a data subject.
4. To whom do we disclose your personal data?
As we are part of a global network, your personal data may be processed or accessed in the country/region where you use our products and services or in other countries/regions where Grant Thornton (incl. Grant Thornton International Ltd. and its members), its service providers, processors, consultants, commercial partners, or inspection services of governmental and judicial authorities are present.
If there is no European Commission adequacy decision for the destination country, we will use appropriate safeguards, as described in Article 46 of the GDPR, when transferring personal data, and such transfers and technical and organisational security measures will be documented in accordance with Article 30 of the GDPR. For example, we use standard contractual clauses to protect the transfer of personal data to countries outside the European Economic Area (EEA), thus insuring that an equivalent level of data protection applies to your personal data even if EU data protection law is not directly applicable.
5. How long we keep your data
We will retain your personal data for no longer than necessary for the above purposes, unless an extension of the retention period is required or permitted by law. The retention period may vary by application case, product and service. We determine the retention period by considering the following points:
- the time required to retain personal data for business purposes, including the provision of products and services
- maintaining related transaction and business records
- monitoring and improving the performance and quality of products and services
- ensuring the security of systems, products and services
- handling possible queries or complaints from customers or other stakeholders
- the requirements of laws, contracts and other data retention guidelines
- industry standards for retention periods
- etc.
6. How we secure your data
We do everything we can to protect your data in the best possible way. We have a framework of policies, procedures and trainings in place to guarantee professional confidentiality, data protection, confidentiality and security. We use various security technologies and measures to ensure your privacy. In addition, we repeatedly review and evaluate these technologies and measures to keep your data safe.
7. How to exercise your rights as a data subject
Depending on the processing and the legal basis, as a data subject you have a number of possibilities to keep control over your personal data:
- right to access your data
- right to amend your data
- right to object to the processing of your personal data
- right to restrict data processing
- right to have your data erased
- right to withdraw your previously given consent
- right to transfer your data
- right to lodge complaints with the competent data protection authority.
We should point out to you that these rights are not always absolute, that in certain circumstances we are entitled or even required by law to further process your personal data and that we may therefore not always be able to comply (fully) with your request. In such cases, we will inform you accordingly.
You may exercise these rights free of charge, except in cases of abuse and in which case we are entitled to charge an administration fee to comply with your request.
If in our relationship with our customer, from whom we received your data as a data subject, we act only as a processor, we will inform you accordingly and you should address your request to exercise your rights to our customer.
For all questions relating to the exercise of your rights, please contact: privacyrights@be.gt.com.
8. Changes to this privacy statement
In connection with the further development of our website, products and services, as well as changes in applicable legislation, we may update this privacy statement. We therefore recommend that you read this privacy statement again from time to time. You can find the most recent version of this privacy statement on our website at any time.