Client profile: Three high-net-worth
entrepreneurs from the Arabian Gulf, wanting to expand into an
overseas market in the hospitality sector through a joint
venture.
Challenges: Bringing a new franchise to a new
market with limited practical experience on the ground.
Vistra services provided: Complete end-to-end
joint venture set up, corporate and legal services, advisory
support as well as trust set-up and visa application.
Expanding to an overseas market can prove to be challenging for
many businesses that are successful in their domestic market.
Our clients, who are successful GCC-based entrepreneurs in the
hospitality sector, were in negotiations with a new franchisor to
bring the brand to London when they first approached us. Although
they knew the market dynamics around their sector in the region,
they had limited experience of carrying out business in the
UK.
