Issue 10 2020

42 Acquisition International - Issue 10 2020 Name: Toma Preidyte Web Address: www.ftrust.ch etting up and managing operational or holding companies is a challenge that many could do without. The team at F Trust AG have a great deal of experience in delivering domiciliation and fiduciary services. Their service offering could be considered quite specific, but with a varied client base and bespoke demands in each case, their business has proven to be incredibly successful. When a company has been set up, F Trust AG are able to do whatever is required of them. In essence, the team operate as a client’s family office managing one or several of their companies or assets, without the headache of establishing their own. An extra company is only a benefit if the costs and time involved don’t counterbalance this. As a result, only fixed pricing models are used by the team, so everyone is aware of the specific costs involved. Around half of the business that F Trust AG undertakes is B2B, and often revolves around providing company set up and management services for lawyers and accountants internationally. Anyone, or any business, that wants to set up an entity in Switzerland, or any of the other jurisdictions the firm represents can find a willing and helpful partner in the F Trust AG team. Recently, people have turned to Switzerland for business because of its exceptional reputation for transparency. This leads to better structures, better products, and peace of mind for clients. The region remains a hub of expertise as Swiss banks know their jobs incredibly well. They understand the needs of entrepreneurs and companies, as well as private individuals. This makes the area ideal for handling any banking and financial product needs. When F Trust AG was established, it was as a family’s family office. Over time, it became a business in and of itself. This gives the team a unique perspective into the needs of their clients, and an understanding of what they require most. The team are adept at making sure that what needs to happen happens. This is very appealing to clients who often have to travel around the world. In short, the team fulfil all compliance obligations while bothering the client as little as possible. This means that the team has had to adopt an adaptable approach to their work. They fit into whatever is required of them, acting as a piece of a puzzle in a larger company structure. At F Trust AG, the team are committed to looking at everything from the perspectives of their clients, keeping in touch with other company administrators to ensure this is the case. It also allows the team to identify savings and optimize their processes. S In a world where almost everything can be done online, F Trust AG provides a service that can’t. Setting up Swiss and Luxembourg companies, and companies in several other jurisdictions, requires a local presence. The team have justly earned the title of Best Accounting & Tax Multi Family Office 2020 – Switzerland in the Worldwide Finance Awards 2020 for their work. We profile the firm to find out more. Swizz Success Story Aug20202 This strongly customer-centric attitude has inspired an approach of bespoke solutions for all clients. This means that the team has been able to maintain an incredibly high retention rate overall. Clients do run into difficulties, particularly cash flow issues, but F Trust AG are on hand not only to support them through these challenges, but to ensure they come out of the other side thriving. The service that F Trust AG offers to businesses and individuals is invaluable. It’s ideally situated for an international client base, in a region that suits their very specific demands. With a strong record of success behind them, they’re definitely one to watch going forward.