Vistra expands China operations with ICSME Corporate Services acquisition
Shanghai, China, November 16, 2013 /ChinaNewswire.com - Xinwengao.com/ - Vistra, the fast growing global independent trust and fiduciary firm, announced today the acquisition of ICSME’s corporate services division.
Founded in 2007, ICSME is a privately held full-service turnkey market entry service provider for international companies entering the Chinese market. The acquisition of ICSME’s corporate services division expands both the size and expertise of Vistra’s existing operations in Beijing, Shanghai, Guangzhou and Shenzhen and strengthens its service offerings to assist clients enter the Chinese market in the most cost-efficient way.
As part of the acquisition, the existing clients and team of ICSME’s corporate services division will transfer to Vistra effective November 1st. Vistra will provide ongoing corporate administration services to all ICSME’s clients.
"ICSME delivers extraordinary know-how in helping clients enter and navigate the complex China market and has a very experienced team with an impressive track record servicing SMEs and MNCs alike,” said Gary Wong, Managing Director of Vistra China. “We are delighted to join forces with ICSME in broadening the depth of resources in China as well as extending our reach to clients in Germany, Turkey and western Europe where ICSME has built a solid reputation.”
Alp Altun, founder of ICSME, added “Teaming up with Vistra will add great value to our clients. It will also allow our operations support team to focus on the consulting and advisory business knowing that our existing and future clients will be cared for by a team of professionals who specialize in this area globally. The move perfectly complements our development plans for the next 3 years.”
In addition to establishing representative offices and Wholly Foreign Owned Enterprises (WFOEs) in China, Vistra provides ongoing company administration, accounting and payroll services. WFOEs are generally used by foreign companies wishing to set up businesses in mainland China.
ICSME will retain its advisory consulting and market entry division and continue to run these services under the ICSME brand, alongside its marketing, branding and advertising advisory division – branded CUROVIA. Under the ongoing strategic alliance with Vistra, future ICSME clients will use Vistra for company set-up and corporate administration services.
For any questions, please contact:
Gary Wong, Managing Director, Vistra China Tel: +86 21 6361 6488
Email: [email protected]
Alp Altun, Managing Director, ICSME Tel: +86 21 6095 1868
Email: [email protected]
Vistra is a global independent provider of trust, fiduciary, corporate and fund services. Our services include company formation and management, offshore incorporations, fund formation and administration, trustee services, family office, marine and aviation and accounting services. Vistra operates in 29 locations globally with a network spanning 20 jurisdictions. Clients can benefit from Vistra’s multi-jurisdictional approach, delivered by a team of professionals with an in-depth understanding of the often complex needs of every client.
Vistra is part of the OV Group, which includes Offshore Incorporations Limited Group (OIL), Asia’s leading company formation specialist and Vistra. The OV Group employs circa 700 professionals and is the 3rd biggest provider of trust and corporate services worldwide.
For more information, please visit www.vistra.com
Founded by Alp Altun in 2007, ICSME is a privately held full-service turnkey market entry service provider for international companies entering the Chinese market. The range of clients extends from SMEs to MNCs with global presence and includes inbound as well as outbound advisory services plus market research, branding, licensing and advertising services for international and local Chinese companies.
For more information, please visit www.icsme-china.com
This press release has been syndicated from China Newswire - Social Media Content Marketing Press Releases For China Source: vistra