Vistra, a leading global provider of corporate, trust and fund
administration services announced today that it has opened new
offices in Madrid and Barcelona to target the growing opportunities
locally in the country and also in North and Latin American markets
through internationally focused Spanish corporations. The new
offices were opened on 7 January 2013.
Oscar Garcia will lead the Spanish operation as Managing
Director of Vistra Spain and Executive Director of the Latin
American market. He has advised domestic and foreign companies
across a wide range of specialist areas in the Spanish market and
has experience of designing complex solutions in accounting,
taxation, payroll services, commercial services, trademarks and
Oscar commented: "Having Spanish based offices will offer
significant opportunities for Vistra to target inbound and outbound
investments in the Spanish and European economies. Spain also
occupies a political and economic strategic position for companies
wishing to access southern Mediterranean and North African markets.
Nearly 13,000 foreign companies are established in Spain, many of
which are amongst the Forbes top 100 multinationals. The country
has therefore been recognised as an important market and as a
gateway to a significant number of potential clients."
At the same time, Vistra believes Spain offers an important
strategic entry point for clients seeking investment and
structuring solutions for the Latin American markets, given this
continent's vast natural resource wealth and rapidly growing
Vistra will now be able to offer its full range of corporate,
fund and private client services through its new Spanish network.
Corporate clients can access a range of consultancy and operational
services including company formation, offshore incorporations, fund
and structuring advice. Together with the launch of the Spanish
operation, Vistra has also recently opened dedicated Russian and
Chinese desks within its (European office) network to support
clients who wish to develop into these fast moving growth
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
Cyprus offers many key benefits to foreign investors and their dependent family members who are looking for a jurisdiction that offers a gateway to Europe, high quality standards of living and working infrastructure and services.
Investing in distressed assets is not a new phenomenon but current market conditions and the significant quantity of distressed assets remaining on bank and other balance sheets are undoubtedly giving rise to increased distressed trading opportunities globally.
At its most basic level a partnership requires no formalities or registration and is the simplest manner in which to carry on a business. Partnerships have been used for many centuries and were initially governed by common law rules that evolved to regulate both the dealings of the partnership with third parties, and the dealings of the partners with one another.
Register for Access and our Free Biweekly Alert for
This service is completely free. Access 250,000 archived articles from 100+ countries and get a personalised email twice a week covering developments (and yes, our lawyers like to think you’ve read our Disclaimer).