KENDRIS Expands Its Service Offering in Luxembourg to Meet Growing Demand

KENDRIS Enhances Its Service Offering in Luxembourg

KENDRIS, an independent consulting and trust company headquartered in Switzerland, is making significant strides in expanding its presence in Luxembourg. Recently, the firm received an OEC license, which enables it to enhance its local service offerings and respond more effectively to client needs.

Founded in Zug, Switzerland, KENDRIS employs over 200 professionals and operates across major international financial hubs. The company's entry into the Luxembourg market began in 2024 through its subsidiary, KENDRIS Luxembourg Sàrl, where it has been providing business advisory services tailored to corporate clients.

Licensing and Service Expansion

The new authorization from the Ordre des Experts-Comptables (OEC) empowers KENDRIS Luxembourg to deliver a wider array of regulated services. This includes areas such as domiciliation, accounting, and tax consulting. The expansion of these services reflects KENDRIS's ongoing commitment to strengthen its capabilities in Luxembourg, ensuring that clients receive high-quality and locally integrated expertise.

Moreover, KENDRIS is expanding its team in Luxembourg, supported by the integration of an experienced group of professionals who specialize in Luxembourgish corporate and fund matters. This recruitment drive aims to further enhance KENDRIS's local presence and expertise.

Murad Ikhtiar is set to strategize the growth of KENDRIS Luxembourg. He expresses enthusiasm about contributing his knowledge of the local market to bolster KENDRIS's operations in the region. He notes that the blend of local expertise with KENDRIS’s established capabilities presents a unique competitive edge.

Commitment to Clients

Adrian Escher, partner and chairman of KENDRIS Group, emphasizes that this expansion marks a pivotal milestone for the company. He states, “Our goal is to support our clients with tailored solutions.” By merging local knowledge with their international network, KENDRIS positions itself to provide comprehensive support for high-net-worth individuals, family offices, and institutional clients dealing with cross-border issues.

Services Tailored for Diverse Clients

KENDRIS offers a variety of solutions that cater to diverse clientele, including individuals, family offices, entrepreneurs, and institutional clients. For private clients, KENDRIS International AG provides a broad range of services, ensuring that affluent individuals and families receive tailored financial, reporting, and regulatory support.

On the corporate front, KENDRIS Switzerland AG assists businesses ranging from owner-operated firms and startups to large corporations. Their offerings span accounting, payroll, taxation, and intricate accounting matters. Furthermore, KENDRIS also caters to national and international private clients with Swiss structures or focusing on Swiss solutions.

In the institutional segment, KENDRIS Capital Limited provides specialized solutions for banks, insurers, asset managers, funds, and other financial intermediaries, particularly in the realm of alternative investment funds across Luxembourg, Cyprus, and Malta.

KENDRIS remains entirely owned by its management and employees, boasting a workforce of around 205 specialists. In addition to its headquarters in Zug, the company has established a presence in several Swiss cities, including Zurich, Aarau, and Geneva, as well as internationally in locations such as Larnaca (Cyprus), London (UK), Luxembourg, Dubai (UAE), Singapore, and the USA.

In conclusion, KENDRIS's expanded offerings in Luxembourg not only reinforce its commitment to providing essential services but also highlight the company’s strategic growth ambitions in response to increasing market demands. For more information about KENDRIS and its services, visit KENDRIS and KENDRIS Capital.