Taxand launches in Africa with law firm Edward Nathan Sonnenbergs
Taxand, the world’s largest global organisation of tax advisors to multinational businesses, today welcomes ENS as Taxand South Africa.
Taxand South Africa, ENS, is the 50th Taxand location worldwide and the organisation’s first in Africa.
As a regional hub for a large number of multinational clients operating across the continent, South Africa is a key jurisdiction for Taxand. Moreover because the South African market has been less affected by the international economic crisis than many other countries, it is experiencing a growth in corporate inward investment. Additionally the introduction of new tax policies and draft tax proposals designed to stimulate the manufacturing industry, means that the need for local tax expertise, as well as cross-border advice, is high.
ENS was established over 100 years ago and is the largest law firm in Africa now employing over 450 legal, forensic, IP and tax practitioners, including 16 tax partners and 42 tax professionals. With offices in Johannesburg, Cape Town, Durban and Stellenbosch, ENS, has advisors in each key region as well as substantial international tax capability and transfer pricing expertise.
Frédéric Donnedieu de Vabres, Chairman of Taxand, said:
“We are very pleased to welcome Taxand South Africa, ENS to Taxand. Many Taxanders have worked with our new Taxander colleagues in previous lives and we are very much looking forward to working with them again. Taxand South Africa, ENS, has a top quality reputation on the market and we are delighted to have them on board. We know our expanding global client base will benefit hugely from their expertise”.
Bernard Du Plessis, Partner, Taxand South Africa ENS, said:
“Joining Taxand is a great achievement and will allow us to expand our tax practice and in particular our experience in advising in Africa, to a global market. We are committed to working with Taxanders in Europe, Asia and the Americas on cross-border tax issues, for both current and future clients.”