MUHOFID (Cabinet Comptable MUHOFID)

MUHOFID is a Luxembourg accounting practice that takes on payroll and personnel administration for companies wanting to outsource these tasks. Its knowledge of Luxembourg employment law, social security rules and tax legislation allows it to relieve clients of the administrative work tied to staff and salary management, including the specifics of collective agreements.

The firm's services include drawing up employment contracts, entry and exit declarations to social security, registration for medical examinations, salary calculation and preparation of pay slips, monthly social security declarations, requests for reimbursement of advanced sickness benefits, wage tax withholding declarations, remuneration and employment certificates, holiday accounting, a global or departmental payroll journal, preparation of collective transfer payment instructions for the bank, and distribution of pay slips.

Alongside this operational work, MUHOFID answers client questions on Luxembourg labour law, employment contracts including fixed-term, indefinite and occasional contracts, trial periods, early termination, notice periods and weekly working time, as well as remuneration matters such as qualified and unqualified minimum wages, overtime, Sunday and public holiday work, severance pay and the financing of training.

Outsourcing to the firm is presented as a way for smaller and medium-sized companies to avoid the cost of specialised payroll software, hiring dedicated staff and training, while getting quick answers and reducing the risk of costly errors.