For a Lux SCSp fund, audited financial statements are typically not needed. CSSF would require statutory auditing only for SCSps:
a) whose limited partners are either SAs, SARLs, SCAs or companies in a comparable legal form or
b) that meet 2 of the following 3 criteria in 2 consecutive financial years of operations:
A balance sheet of more than EUR 4.4 million
A net turnover of over EUR 8.8 million,
An average number of full-time employees of more than 50.