Discover Benelux | Business Special | Meet the Experts in Asset Management, Private Equity and More
holistic approach, providing added value through strategic input, working side by side to support as advisors in a multitude of ways.
Local and international There is something of a paradox about the Luxembourg business environment. On the one hand it’s one of the smallest countries in Europe; on the other it is perhaps Europe’s most international market, increasingly important as a centre for corporate headquarters. For companies from outside the country, that means it makes sense to work with a truly local fiduciary and business services partner, one with excellent personal contacts and networks in place: for example, to assist in finding great office space (and in the
thriving Luxembourg market that can be far from easy), or with knowing the ropes when obtaining business licences. OmniTrust can offer those national connections, but it also has an international outlook. “Along with our Luxembourg clientele, we have major links with French, British, Belgian, Italian, US, Chinese and Russian clients,” says Calvi, “and it’s a point of honour with us, as far as is possible, to interact with them in their mother tongue. All our team members are at least bilingual, and along with the languages needed for the markets just mentioned, we offer German, Portuguese, Romanian and Spanish, for example.” That same international outlook and that belief in the power of local contacts is
reflected in OmniTrust’s participation in the Kreston network, some 200 firms engaged in similar activities to theirs across 125 countries. The future looks bright for the firm, strengthening its position in the Luxembourg market and doing more and more business with international organisations drawn to it. But Mme Calvi has plans for OmniTrust to continue to evolve and develop: “We’re preparing an extension to our service portfolio, again to help us in being not only a client’s fiduciary agent, but also their day-to-day partner. It’s too soon to give greater detail, but obviously we think it will add value to what we do.” Watch this space.
OmniTrust’s Main Activities – Accountancy – Tax and VAT compliance – Office facilities and registered addresses – Payroll administration – Regulatory services – Luxembourg directors – Interim or longer-term staff – Company secretarial function – Business set-up formalities – Liquidation
Issue 74 | February 2020 | 19