Value Added Partners was recently hired to advise the management of the company Projenor do Brasil, LTDA, essentially composed of Spanish investors, aimed at industrial expansion of a steel industry located in Fortaleza, Brazilian northeast, with an investment of 60 million reais.
Liliana Almeida, financial coordinator of the company, said the project -initiated in December 2012- will end in December 2014. The work done by Projenor will bring “new services and the modernization of all the peripheral area of Fortaleza”, Almeida said.
Value Added Partners supports this initiative through its Control Management service, validating the proper accounting of the economic and financial operations of the company and verifying appropriate taxation in the country of destination for investment. Hence, this service is considered essential “because the Brazilian accounting has high specificity and, to be within the law, it should do an audit to guide and present the best solutions for some issues that arise due to constant changes in the law”, said the financial coordinator of Projenor do Brasil.
International Management Control
The control management service involves “planning and control of economic activity, financial, accounting and tax for companies investing outside their country”, said António Vale, CEO of Value Added Partners. In this way, with the support of Value consultants, organizations like Projenor may have more “security and control over corporate investment, regardless of destination”.
For more information, contact Value Added Partners: value@value.pt.
[photo credit: gaby_bra]
