Nick Procopenko

YLP S.à r.l. (société à responsabilité limitée), or “Your Luxembourg Partner”, is an independent corporate service provider which began by adhering to one principle, quality service for the right price.

We pride ourselves on offering only the highest level of personal service for all of our clients, whether they are part of large corporate networks, small and medium enterprises or simple personal investment vehicles. We understand the needs of our clients and offer tailor made solutions, from minor inquiries to complex challenges. Our goal is to be your local partner, not just your service provider.

Our expertise in corporate services has been developed over the last 20 years from our roles with Big4, law firms, and listed corporate service providers. We maintain internal competence in all the requisite areas, including accounting, corporate management, tax compliance and legal compliance. Based on our experience skills, we will work directly with you and with your Luxembourg or global advisors.

Why a Luxembourg “Partner”?

Our aim is to be your local eyes and ears. We will be working with you to set up your Luxembourg structure and supporting/assisting you along its duration. We will safeguard your interests, and ensure your company adheres to all local rules and regulations. As your partner in Luxembourg, we believe our skilled knowledge combined with our long-standing local relationships will best serve your structure and will deliver you “quality service for the right price”.

YLP Services :

ASSISTANCE REGARDING THE SETTING UP OF COMPANIES

• Drafting of Articles of Association (if needed)
• Liaising with the relevant authorities and with the notary
• Opening bank accounts in Luxembourg and abroad
• Managing all administrative tasks and required assistance for the incorporation

PROVISION OF REGISTERED OFFICE

• Provision of a Luxembourg registered address

ACCOUNTING AND REPORTING

• Preparation of financial statements (Luxembourg GAAP or IFRS as required)
• Consolidation of group accounts
• Reporting (monthly, quarterly,…)
• Assistance to the auditor when needed
• Luxembourg mandatory e-filing accounts system (eCDF)

CORPORATE SECRETARIAL

• Preparation and organization of ordinary and extraordinary general meetings of the shareholder and meetings of the board of directors/ managers
• Drafting and filing of local required notices and publications
• Drafting of legal documents and contracts (if needed)
• Management of your local bank account

TAX COMPLIANCE

• Preparation and filing of corporate income, municipal business and net wealth tax returns
• Liaising with tax authorities
• Preparation and filing of VAT returns

LOCAL DIRECTORS OR MANAGERS

• Introduction of Directors (S.A.) or Managers (S.à r.l.)

OFFICE AND EMPLOYEE SOLUTIONS

• Assisting you to find a furnished, fully equipped office in Luxembourg City
• Recruiting local employees for your Luxembourg entity and managing your Luxembourg payroll

AUDITOR SERVICES (“COMMISSAIRE AUX COMPTES”)

• Provision of auditor services

LIQUIDATION SERVICES

• Preparation of liquidation balance sheet, liquidator report and liquidation tax return
• Providing company secretarial services related to the liquidation of Luxembourg company such as drafting of legal documentation, shareholder’s meetings, follow up of legal publications…
• Provision of liquidators’ mandate
• Coordination of ongoing relationships with notary, auditor, local administration,…
• Keeping the companies’ files after the liquidation as required

AUDITOR TO THE LIQUIDATION SERVICES

• Preparation of auditor to the liquidation report

DEPOSITARY SERVICES

• Depositary concerning the compulsory deposit and immobilisation of bearer shares

Nick is head of legal and compliance in YLP. He is the main contact for all legal and administrative compliance matters. Nick is a licensed California lawyer (inactive) who has worked in Luxembourg for over 10 years. Prior to joining YLP he worked in a civil litigation firm in California and then a large listed corporate service provider in Luxembourg.