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10th Anniversary of World Tax Service

WTS AG Steuerberatungsgesellschaft
2010-01-13 02:59 1006

-- German Tax Consulting Firm WTS expands in Asia

MUNICH, Germany, Jan. 13 /PRNewswire-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.

For more information, please contact:

WTS AG Steuerberatungsgesellschaft

Mr. Richard Tigges

Thomas-Wimmer-Ring 1

80539 Munich

Tel: +49-89-286-46-2222

Fax: +49-89-286-46-2323

Email: richard.tigges@wts.de

Source: WTS AG Steuerberatungsgesellschaft
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