AI Magazine Issue 10 2018

Acquisition International - Issue 10 2018 69 Viboal FindEx operates as tax advisory boutique focusing on niche activities: transfer pricing services, expert witness in legal proceedings, tax advisory. Following their success in the Global Excellence Awards 2018 as the Best Transfer Pricing & Best Tax Consulting Firm – 2018, Romania, we profiled the firm and spoke to Vigi Radu who revealed to us more about the exceptional services the team at Viboal FindEX provides to their clients. ince their inception, Viboal FindEx have been operating as tax advisory boutique focusing on niche activities: transfer pricing services, expert witness in legal proceedings, tax advisory. Viboal FindEx have specialised in areas that are not usually covered by audit and accounting companies, however they require specialisation or developing skills that are worth only if a client deals with a vast number of projects and are dedicated to a specific area. Vigi begins by going into further detail about Viboal FindEX’s approach to undertaking a new client, as well noting how the firm ensures right from the start that the outcome meets the needs of everyone involved. “Here at Viboal FindEX, we are a company of nearly 30 employees and we do our very best to create and maintain an organisational culture which is oriented towards serving our clients best. As a whole, we always want clients to receive excellent advice and the same level of professionalism whoever they work with from Viboal FindEx, so we dedicate a lot of effort into two areas: continuously increasing the quality of our work and having a work culture that enables our team to be well satisfied and motivated.” “In order to attain a consistent high quality of work we work on several areas: encouraging our team to develop professionally by achieving professional qualifications relevant for their work (ACCA, ADIT, etc.), attending in-house technical sessions on a weekly or monthly basis to discuss complex issues or new developments in our field of work, writing up weekly news alerts on tax and transfer pricing topics of interest. Of course, the very start of being able to Contact: Vigi Radu Company: Viboal FindEX Address: No. 64A, Nasaud Street, District 5, Bucharest, Romania Telephone: 00 40 314 380 605 Email: [email protected] Web Address: www.viboal-findex.ro Viboal FindEx: Competence, Experience and Specialisation S 1808AI39 deliver high quality work rests with recruiting and retaining talented and motivated staff. “Secondly, our wok culture is dominated by two drivers – customer satisfaction and employee satisfaction. We are service providers and our staff is the most important resource that we manage, along with time. Also, we are constantly attentive to the needs of our team – in terms of career planning and development opportunities, balance between personal life and work, as well as compensation.” When discussing the firm’s ongoing strategy, Vigi highlights the techniques the team at Viboal FindEX employ to ensure that they achieve this. In addition, Vigi is also keen to note on the challenges which are currently affecting the industry overall. “At Viboal FindEX, we are internally segmented on departments for each key service that we provide. I believe each service that we provide to our clients has its own supply and demand and economic landscape. For example, in terms of taxation the demand stems from the high volatility in the Romanian tax environment and the great number of legal regulations enacted. “It is very demanding for an accountant or auditor to keep up the pace with the changes, hence a specialised tax advisor is warranted for handling technical tax issue. In terms of witness expert services, the biased nature of the tax audits results in a great deal of legal proceedings and we have experienced a high growth in this area in the last two years. Transfer pricing demand is triggered by both the push of the tax authorities in the form of tax audits and the increasing regulations in the field (such as the obligation of large taxpayers to update their TP documentation on yearly basis or the alignment to Country by Country Reporting regulations).” Looking ahead to what the future holds for Viboal FindEX, team will continue to provide their award- winning service which saw them be righteously titled as Acquisition Intl. Magazine’s Global Excellence Awards 2018 as the Best Transfer Pricing & Best Tax Consulting Firm – 2018, Romania. “Here at Viboal FindEX, we are a company of nearly 30 employees and we do our very best to create and maintain an organisational culture which is oriented towards serving our clients best.”