Bové Montero y Asociados boosts its strategy of attracting Russian business from its source after increasing half-year revenue

It recorded a year-on-year growth of 10,8% in its business volume

A team of professionals from the firm is joining the Global Russian Desk at HLB Moscow to advise on investment operations destined for the Spanish market.

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The Spanish professional services firm Bové Montero and Associates The first half of the 2016-2017 fiscal year concluded with a year-on-year increase in revenue of 10,8%, reaching €2,36 million, compared to €2,13 million in the same period of the previous year. This growth in activity was reflected in the evolution of the workforce, which at the end of the period comprised a total of 78 professionals, including the 7 partners of Bové Montero.

 

This increase is motivated, in the words of the firm's president, José María Bové, due to the “dynamism shown by the different areas of activity,” with special emphasis on the “strong growth” linked to the preparation of expert reports. Additionally, it adds Bove“We have formed a working group to increase the number of transfer pricing reports, given the growing tax requirements in this area.”

 

Attracting Russian business at source

 

As part of the strategy to increase international business, a team of Bové Montero has been integrated into the HLB Moscow Global Russian Desk with the objective of advising on investment transactions originating in Russia that are destined for the Spanish market. HLB Moscow It is the Russian group of HLB International, a federation of audit, tax advisory and consulting firms that integrates more than 19.000 professionals in 130 countries, and of which the firm chaired by José María Bové is a member of his Board of Directors.

 

 

Belén Fernández Ulloa joins the partnership structure of Bové Montero y Asociados to strengthen the International Taxation area

 

 

 

Following this same approach, the firm has translated into Russian the book "Doing Business in Spain", a work prepared by the firm itself that aims to provide investors with a detailed understanding of the legal, tax, commercial, accounting and labor keys that govern the operation to implement and develop a business activity in Spain.

 

Boosting international business

 

Belén Fernández Ulloa, until now director of Legal and Tax Department of Bové Montero and Associates[Name] has been appointed as a new partner. Her appointment represents a commitment to consolidating the Tax practice and strengthening international tax services as a core activity for the firm. Foreign clients of Bové Montero and Associates They contribute 80% of its turnover.

 

 Fernández Ulloa joins the existing partners José María Bové, Secundino Urcera, Josep Serra, Alfredo Sáinz, María Teresa Bové and Ilídio César Ferreira.