'Global strategy directs local presence for regionally relevant
services'
Amsterdam-Shanghai, December 4, 2012 - Orangefield Group,
corporate provider of administration-, management services-
and trust services to funds opens its new China office in the heart
of Shanghai. The opening is part of Orangefield's
expansion strategy to offer a strong local presence in every
jurisdiction worldwide where the company offers its services.
Orangefield Group is a global corporate service provider and
fund administrator with offices in Europe, Asia, Africa and the
Caribbean. China, with its growing economy, offers many
opportunities for global companies to do business and for wealthy
individuals to investment. From the new Shanghai office, a
team of legal and administrative specialists will offer their
expertise to companies wanting to do business or invest in this
promising region.
Compliance with China's laws and regional regulations
Companies that want to do business in or through China/Asia need
specialist knowledge of China's laws and regional regulations to
ensure compliance. Otherwise companies do not even have a right to
operate. But compliance is only one element of Orangefield
services. A company's real competitive advantage comes from knowing
how to benefit from favourable regulations.
Anticipating to beneficial regulations
Rules are constantly subject to change. By being close to
the fire and knowing ahead about regulatory changes, the
Orangefield Shanghai staff will serve its clients best. Joep
Bruins, CEO of Orangefield puts it this way: "It makes a great
difference to be physically present in the Chinese region. Instead
of adjusting to upcoming changes in the law when they come into
effect, we can start preparing for these changes after we hear the
first buzz about them in the streets. And trust me, there is a lot
happening in Shanghai.
Cultural factor
Both incorporation and managing day-to-day requirements of
clients' companies in any region requires an extensive network of
contacts and the ability to speak to those contacts; about
business, but also personally, taking into account local customs
and culture. "A lot can be done by email, telephone and
videoconferencing, but the fact that we can easily speak to Chinese
government- and company officials face to face and take into
account their culture and customs, makes us so much more effective
than using high-tech distant communication techniques, " says Jack
Wu , Director of Orangefield Shanghai.
For more information contact:
Guido Wagenaar, Orangefield Global Head of Business
Development. t: +31205405889 | m: +31 6 54956301
| Guido.Wagenaar@orangefield.com
About Orangefield Group
Orangefield is a global full service corporate service provider
and fund administrator, with more than 30 years of experience,
providing a wide range of fund administration, management,
administrative and trust services to funds, corporate clients and
private clients all over the world. Orangefield is ISAE 3402 Type
II (previously SAS 70) compliant, demonstrating the rigorous
controls and attention to detail expected in all accounting, cash
management, investor reporting and compliance responsibilities.
Orangefield Group has a strong global presence with offices in
Europe, Asia, Africa and the Caribbean. Orangefield Group
headquarters is located in Amsterdam. Dutch investor AAC Capital
Partners holds a majority interest in Orangefield Group.
For more information, visit www.orangefield.com
