November 6, 2014
On November 5, 2014 the event devoted to renaming of TOV “KM Partners” as WTS Consulting LLC and presentation of global network WTS Alliance took place in the Museum of Spiritual Treasures of Ukraine. WTS Alliance is a global network of selected consulting firms represented in about 100 countries worldwide. Most countries-members of the network have already rendered their services under the WTS global brand. Within its service portfolio WTS Alliance focuses on taxes, legal issues and consulting. The clients of the network include multinational groups, national and international medium-sized companies, non-profit organizations and private clients.
Nearly 100 guests visited the event: clients, business-partners of the firm, representatives of business associations and press. The special guest of the event was Managing Director, Head of the International Tax of WTS Germany Mr. Karsten Gnuschke.
The official part of the event was opened by Alexander Minin, Senior Partner of WTS Consulting. In his speech Alexander informed about reasons for renaming and about new WTS brand. De facto the renaming of TzOV “KM Partners” as WTS Consulting LLC took place at the end of August 2014. Such renaming is connected with membership of TOV “KM Partners” in an international network of WTS Alliance over many years. The aim is to render services under unified WTS global brand and unified global standards. At the same time such renaming does not include changes in corporate structure of WTS Consulting LLC as compared to TOV “KM Partners”. The services related to criminal proceedings shall be rendered under the brand of “KM Partners” within the Attorneys at Law “KM Partners”.
Alexander Minin emphasized that in its activity WTS Consulting uses innovative approaches and solutions in compliance with modern international standards of consulting area. Close cooperation with our colleagues from WTS Alliance allows providing legal support to complicated projects at international level. Through this process WTS Consulting offers to its clients unique possibilities of integration of local specialists’ experience with accessibility of competent specialists and resources in many jurisdictions all over the world.
Special guest of the event Karsten Gnuschke informed on the history of set up of the global network WTS Alliance and mentioned the main trends of international practice in the area of tax and legal consulting. Mr. Gnuschke emphasized that WTS Germany took the first rank among consulting firms behind the Big Four. Hence, different from the Big Four WTS deliberately refrains from conducting annual audits in order to avoid any conflict of interest.