Auxadi reaches an agreement to acquire 100% of the Peruvian accounting firm Holding Contable, which provides services in accounting, reporting, tax compliance and payroll management to multinational companies established in Peru.
Auxadi’s presence in Peru sets a clear commitment by the firm’s Management Board as part of its internationalization strategy, based on the great potential of Peru as leading economy within the Andean region and the role being played by Latin America in the world.
Peru is making great progress with a yearly GDP growth above 6% during the period from 2002 to 2012. Foreign Direct Investment has been doubled in the last 2 years, being Spain its main investor, followed by United Kingdom and the United States.
In 2013 Auxadi set up a Peruvian Desk in its Spanish Head Office, and since then it has been providing accounting and tax compliance services to its multinational clients in Peru.
This agreement represents an important milestone within Auxadi’s international expansion a further step of the firm’s growth in Latin America, from a country of enormous projection and great development prospects ahead.