10th Anniversary Of World Tax Service

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13th January 2010, 09:54am - Views: 723

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10th Anniversary of World Tax Service

MUNICH, Jan. 13 /PRNewswire-Asianet/ --

    - German Tax Consulting Firm WTS Expands in Asia

    The demand for international tax advice is growing faster than ever

before. The more global the business activities of the client the more

open-minded tax consultants have to become. The German World Tax Service WTS

is now also represented in India after having already been present in Asia

with a subsidiary in China and a WTS office in Taiwan. Chairman Fritz Esterer

thus has two reasons to rejoice: On Tuesday WTS is celebrating its 10th

anniversary in the Munich Residence castle.

    On Tuesday WTS announced the signing of a joint venture agreement with

regional tax consulting firms in Mumbai and Delhi. The Indian tax system is

without any doubt a significant challenge for foreign businesses who intend

to open up the Indian market. There is hardly any other country with as many

different and particularly indirect tax categories as India. From now on,

German companies in India can refer to ten experienced WTS tax consultants

for support who have had many years of experience with providing tax

consulting services to German investors in India. Mumbai and Delhi are

strategically important sites as the majority of European companies are

located in these conurbations. But WTS's presence in China has also expanded.

In addition to the Shanghai subsidiary a new branch has only recently been

opened in Beijing.

    In 2009 WTS was one of the largest German firms in its industry with more

than 400 employees. The six German offices from Frankfurt and Düsseldorf to

Hamburg as well as the WTS Alliance and its strong partners in more than 90

countries world-wide meet the demand for tax consulting services of

international and major medium-sized companies all over the world.

    Information on World Tax Service WTS:

    With more than 400 employees working at six offices in Germany as well as

subsidiaries in China, France, Switzerland and the Netherlands, WTS is one of

the largest German tax consulting firms. Main activities of the firm include

tax counselling for multinational and major internationally active

medium-sized companies. WTS exclusively focuses on tax counselling to avoid

any potential conflicts between auditing and counselling.


    WTS AG Steuerberatungsgesellschaft

    Mr. Richard Tigges

    Thomas-Wimmer-Ring 1

    80539 Munich

    Phone: +49(0)89-286-46-2222

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    Fax: +49(0)89-286-46-2323

    E-Mail: richard.tigges@wts.de

    SOURCE: WTS AG Steuerberatungsgesellschaft

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