{"id":16715,"date":"2021-08-05T05:12:28","date_gmt":"2021-08-05T05:12:28","guid":{"rendered":"https:\/\/websitetestcentre.com\/irishpolish\/?page_id=16715"},"modified":"2021-08-05T06:17:26","modified_gmt":"2021-08-05T06:17:26","slug":"vistra-corporate-services","status":"publish","type":"page","link":"https:\/\/websitetestcentre.com\/irishpolish\/vistra-corporate-services\/","title":{"rendered":"Vistra Corporate Services"},"content":{"rendered":"\t\t
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Vistra Corporate Services<\/h4><\/span><\/div>
Can you describe your business?<\/b>

\nVistra is a corporate service provider employing nearly 5,000 professionals around the globe. The company provides expert advisory and administrative support to Fund, Corporate, Capital Market and Private Wealth clients; helping capital flow, protecting investors and safeguarding assets across multiple industries. We are here to seize a world of opportunity for our clients..

\nIn Central-Eastern Europe, for the last 17 years, we have been successfully helping foreign investors with setting up and providing comprehensive services including tax compliance, accounting, HR & payroll, corporate secretarial services and fund administration. In the CEE region we hire ca. 600 fantastic employees managed by a team with years of experience in the trust, tax or audit industry.

\nWhy do clients choose your business?<\/b>

\nChoosing us, clients can immediately draw from our years of experience to fast track their development and growth. Once established in a specific market, investors need to ensure they stay one step ahead at all times, which can be a challenge without the local knowledge and know how. Thanks to our extensive in-country knowledge and expertise, we can best deal with local regulatory requirements, ensuring we keep the client tax and payroll compliant. Potential investors can benefit from Vistra\u2019s common systems and processes, which are audited and ISO\/ISAE certified, that supports scalability as well as transparency and ensures control from anywhere in the world.

\n\nHow do you add value to your client's wants and needs?<\/b>

\nThe quality of our services is not only about compliance, but also about responsiveness, flexibility, pro-activeness and willingness to go the extra mile in order to fulfil a client\u2019s needs. Our market position is a result of our commitment to what we do.

\n\nDo you have any new initiatives?<\/b>

\nIn 2020, the way we work changed drastically. As we continue to navigate the global shift to remote work, it's more important than ever for businesses to attract and retain top talent. Unfortunately, on-boarding new employees across borders has also become increasingly complex, as businesses need to keep up with a host of new tax, HR and regulations. Therefore, Vistra globally has recently launched employer of record services (an international PEO service) to support the full lifecycle of doing business internationally. For organisations looking to build teams worldwide in locations where they do not have a local entity, the EOR service is a strategic solution. It gives access to local talent in their target location quickly and seamlessly while complying with all the required regulations. EOR is a strong complement to our existing international expansion services that support a broad spectrum of clients from start-ups to scale ups to IPOs.

\n\nDoes your Business have interesting achievements?<\/b>

\nAt Vistra, we believe that a strong business reputation depends on a robust information security and business resilience programme. Our practices are focused on sharing information appropriately and lawfully, while providing confidentiality, integrity and availability. Taking this into account, we are happy to inform that Vistra globally has recently been recognised for the information security practices and received ISO\/IEC 27001 certification across 11 of our major offices and data centres including Warsaw. ISO\/IEC 27001 is part of a set of standards developed by the International Organization for Standardization (ISO), in partnership with the International Electrotechnical Commission (IEC), to provide a comprehensive set of controls, based on best practice in information security.

\nVistra Poland has obtained the ISAE 3402 (International Standards on Assurance Engagements) Type I and Type II certificate for Accounting and HR & Payroll service lines. An independent auditor confirmed that Vistra have the appropriate policies, procedures and effective operating controls for a service organisation.

\n\nHow has the Chamber supported you to date and what more can we do to assist your needs?<\/b>

\nIPCC plays a very important role in supporting us to interact, engage and forge relationships with the members of the Chamber\u2019s community in Poland. Kenny Morgan, Vistra\u2019s Director, has been a board member of the Chamber since 2008. Since 2013, we\u2019ve been organising together a St. Patrick\u2019s Day business mixer in Krak\u00f3w which has become very popular among the local network. We are looking forward to running the next edition in 2022! Apart from that we regularly join many of the Chamber\u2019s initiatives like the Flavours of Ireland, business mixers and charity ball, as well as webinars \u2013 two recent ones were about doing business in Poland and tax regulations. We definitely benefit from the networking opportunities that IPCC offers.

\n\nThoughts regarding the business environment in Poland in 2021?<\/b>

\nPoland was less impacted by Covid-19 in 2020 when compared to the rest of Europe partly due to the lower share in the economy of sectors heavily hit by the pandemic, e.g. tourism, travel and recreation. Poland also recovered quicker than most countries in 2021 supported by the diversification of the economy and flexibility of enterprises. Poland continues to be a very popular investment destination for international capital. A large domestic market in central Europe, a member of the EU and a well-educated workforce are some of the factors that our clients mention when they decide to invest in Poland. Income convergence with western Europe will continue in 2021 and beyond. The biggest challenge for potential growth in Poland and the CEE region in the long term is the increasing labour supply difficulties due to weak demographics in many of the CEE countries.

\n\nAny advice for new businesses starting up?<\/b>

\nIt\u2019s worth to remember that Poland\u2019s regulatory and legal framework is very different from Ireland. Tax and compliance legislation is continuously being updated. It is important for you to understand what regulations and taxes are relevant for your business in advance of entering the market, so speak to companies already in the market for advice and tips. From an investors perspective, having a trusted and professional partner on the ground means you can hit the ground running from day one when entering a new market.

\nFor further information please contact:

\n\nKenneth Morgan,
\n\nDirector CEE,
\n\nVistra Corporate Services Sp. z o.o.
\n\nGeneration Park Z, ul. Towarowa 28, 00-839
\n\n\n+48 604 496 305
\n\nkenny.morgan@vistra.com

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Vistra Corporate Services Can you describe your business? Vistra is a corporate service provider employing nearly 5,000 professionals around the globe. The company provides expert advisory and administrative support to Fund, Corporate, Capital Market and Private Wealth clients; helping capital flow, protecting investors and safeguarding assets across multiple industries. We are here to seize a<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"class_list":["post-16715","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/pages\/16715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/comments?post=16715"}],"version-history":[{"count":59,"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/pages\/16715\/revisions"}],"predecessor-version":[{"id":16788,"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/pages\/16715\/revisions\/16788"}],"wp:attachment":[{"href":"https:\/\/websitetestcentre.com\/irishpolish\/wp-json\/wp\/v2\/media?parent=16715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}