The glossary to understand and take action

Wine-growing and Viticulture Institute (IVV)

The IVV is the administrative and technical contact for the wine-growing sector within its remit. The operations concerned must identify the procedures specific to wine production and marketing.

Administration ou organisme professionnel · Luxembourg Fiduciaries Editorial Team · Reviewed on

Understand the scope

Its role for your business

Monitoring plots, production and products may be subject to sector-specific requirements in addition to general accounting and business formalities.

In your file

When to contact them and what to prepare

Prepare the operation’s references and a description of the planned transaction: planting, production, processing or marketing do not raise the same issues. Check the declarations and documents required in the relevant section. Maintain consistency between technical data, inventories and commercial supporting documents.

A scenario to help you understand

Educational example

A wine-growing operation reviews the procedures related to a change in production and adjusts its document management and accounting monitoring.

Fictitious situation, presented to illustrate the concept.

Prepare for what comes next

Points to check

  • Identifier la démarche vitivinicole
  • Rassembler les références de l’exploitation
  • Rapprocher données techniques et stocks

Connecting concepts

Terms to know as well

Continue with the concepts, contacts and procedures related to this topic.

Rural Economy Service (SER)The SER analyses the economic and social situation of agriculture and viticulture and advises operators on the management and direction of their activities, within the scope of its duties.InventoryGoods tracked in the operating cycle, particularly for sale, processing or consumption in production.Luxembourg Veterinary and Food Administration (ALVA)ALVA brings together food chain control, animal health and animal welfare competencies. It is an important contact for businesses producing, processing or marketing foodstuffs.Physical inventoryAn operation to verify and count assets on a given date, with identified references, units and persons responsible.ImpairmentA value adjustment considered when an asset has suffered a loss in value that must be taken into account under the applicable rules.Accounting closeThe accounting close encompasses the work that finalises the accounts for a financial year and makes it possible to prepare the financial statements.

Put it into practice

Explore further with our guides

Practical guideInventory of stocks: count, reconcile and value

Sources and verification

References consulted on 20 September 2026. Official procedures specify the applicable conditions and exceptions.

This guide explains a general process. The applicable rules depend on your situation; it does not constitute personalised advice. Report a correction.

A definition gives you a reference point. To examine your situation, clarify your question with a professional.