Vistra Announces Latest Office Opening in Mauritius

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Apr 02, 2012, 07:54 ET

PORT LOUIS, Mauritius, April 2, 2012 /PRNewswire/ --

Vistra, a leading global provider of corporate, trust and fund administration services, announced today that it has opened a new office in Mauritius to target the growing opportunities in the region and in particular in the African and Indian markets. Vistra (Mauritius) Limited has opened on 02 April, following the granting of a licence to operate as a Mauritius management company by the local regulatory authority.

Vistra believes Mauritius offers an excellent gateway for clients seeking investment structuring solutions for African markets, given the continent's vast natural resource wealth and rapidly growing economies. At the same time, Vistra believes having a Mauritius base will offer significant opportunities to target inbound and outbound investments in the Indian economy, one of the fastest growing and most vibrant in the world.

Demand for corporate structuring solutions is expected to come from a range of countries, as interest in the African and Indian markets is global. In particular, Vistra is expecting to win business from clients in the USA, Europe, South Africa, Southeast Asia, India, Africa, Middle East and Australia. The group already has a network of 22 offices across many of these locations, so its existing network of intermediary partners and clients are anticipated to contribute a major flow of referrals.

Commenting on the new office opening Bart Deconinck, Executive Chairman, said, "This latest addition to the Vistra network of worldwide offices will give us an important base from which we will be able to serve the needs of clients looking for corporate structuring solutions in two of the world's most dynamic economic regions."

Oliver Hoyng, Director, added, "Within the Vistra group, our own research has told us that there will be significant interest in our new Mauritius office from existing as well as new clients. We will tap into and meet this demand, as we can now significantly broaden the range and scope of services we are able to offer clients. As well as providing corporate services solutions, we are looking forward to exploiting the rapidly growing local market for international wealth planning opportunities in the region too."

About Vistra Group

Vistra is a leading independent provider of trust, fiduciary, corporate and fund services delivering personal and tailored solutions to international corporations, institutional investors and high net worth individuals from around the world.

Our clients can benefit from a multi-jurisdictional and personal approach, delivered by a team of professionals with an in-depth understanding of the often complex needs of every client. Our services include company formation and management, fund formation and administration, trustee services, family office, marine and aviation and accounting services.

Today Vistra employs around 350 employees in 23 offices covering 19 jurisdictions, with each of our offices providing the full range of fund, trust, corporate and estate planning solutions.

Vistra is a unique player in the trust and fiduciary industry, boasting the most balanced geographic reach globally while always guaranteeing the personal and tailored service that our clients deserve.

Together, we bring to life the Vistra ethos of "Crossing Borders, Creating Solutions".

Vistra is part of the OV Group, which includes Offshore Incorporations (OIL), Asia's leading company formation specialist and Vistra. The OV Group employs circa 500 professionals and is the 3rd biggest provider worldwide of trust and corporate services.

For further information please visit http://www.vistra.com.

For more information on Vistra (Mauritius) Limited, please contact Oliver Hoyng, email: [email protected]

Media Contacts:
Guy Stephenson/Jennifer Duffy
Nacelle Ltd
+44(0)20-8333-9125
[email protected]

SOURCE Vistra