Wealth

Family Business

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Family Business

The continued success and growth of a business is usually the engine of wealth creation for our clients, whether they're established multi-generational families or entrepreneurs. ​​

This evolution invariably involves venturing outside the home market. And growth of these enterprises can also act as a platform for the next generation to fulfill their ambitions independently, within a supportive environment. ​

But expanding into new markets can be fraught with obstacles and risks, which aren't faced in a home country – especially local laws and regulations in employment, commercial activities and the environment. The commercial strategy may be sound, but ill-planned execution will lead to unnecessary loss of investment and management time. ​

At Vistra, we offer an on-the-ground, comprehensive family business service that includes: ​

  • Guidance on best practice and navigation through local complexity ​
  • Complete entity set-up, compliance and governance support including Director Services ​
  • Provision of HR policies, drafting of employment contracts and payroll services ​
  • Full book-keeping, management accounting and reporting, as well as preparation of financial statements ​
  • Commercial contract creation, advice and review.
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One of the fundamental challenges for anyone with wealth is to protect their assets both now and for future generations.
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