Tax and advisory services provider EY has unveiled plans to set up a new member company in Gibraltar.
Gibraltar Chronicle reported that after negotiations between the directors of Baker Tilly Gibraltar, together with their assurance and tax services personnel, the bank will transfer their services to EY.
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EY is expected to start trading in Gibraltar in September 2013 upon receiving FSC approval.
The new member firm, which will employ about 40 people, will be led by the current Baker Tilly Gibraltar chairman, Jose Julio Pisharello.
The firm will offer audit, tax, accountancy and general business consultancy services to Gibraltar-based businesses.
Pisharello was quoted by Gibraltar Chronicle as saying that he was looking forward to join the EY network and have the opportunity to access the company’s technical resources and specialised training.
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By GlobalData"This will enable us to provide enhanced services to our client base in Gibraltar and other markets in which they operate," Pisharello said.
The presence in Gibraltar will expand EY’s global footprint to 152 countries and territories.
