If JurisTax Ltd has managed to emerge from the crisis linked to the COVID-19 pandemic, it is mainly thanks to a robust, dedicated and motivated team who thought differently and adapted to the situation. The company now wants to expand the team to expand internationally.
“Let’s grow together. This is the slogan of the JurisTax group but also the message that the company sends not only to its customers and partners but also to its employees. Created in 2008, JurisTax’s main objective is to support its clients, whether institutional or individual, in their daily activities. “We obtained our license as a Management Company from the Financial Services Commission (FSC) in the same year,” says Chief Executive Officer (CEO) Kessen Ramalingum.
Nishi Kichenin, founder and Group CEO of JurisTax, started the company with two people. As for Kessen Ramalingum, he joined the team in 2011 to set up the first international office, in the Seychelles. Since 2013, the company has experienced major developments. Today, it has more than 130 employees within the group.
The core business of JurisTax is to advise its clients on how to structure their businesses in Mauritius or use the island to facilitate their investment and their realization in Africa, Europe and Asia. The main services include the creation of entities, accounting and tax services, administration and legal secretarial as well as ancillary services such as the application for permits to live, work and invest in Mauritius. “We also support several small and medium-sized businesses in their start-up. We provide them with the necessary assistance so that they can focus on their business activities while we manage the administrative, legal and accounting part”, continues Kessen Ramalingum.
JurisTax, whose parent company is in Mauritius, is now internationally recognized. It has branches in Delaware, Rwanda and the United Arab Emirates in Dubai. The group also has representative offices in South Africa, China and Singapore.
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The year 2019 was JurisTax’s best year because it was the one during which it entered the “Top 100 Companies” in Mauritius. At the end of 2019, the group expected 2020 to be better, but the pandemic upset all plans. “We could no longer travel to meet our customers and vice versa”, emphasizes the CEO.
The pandemic, he says, has caused a general economic slowdown and this has been felt to the detriment of all sectors. “We have unfortunately witnessed the suspension or cessation of certain commercial activities of some customers,” he laments.
However, he says that thanks to his team, which he describes as robust, dedicated and motivated, the company has had to think differently and adapt to the situation to allow its customers to maintain the sustainability of their activities. “We have also obtained the support of all stakeholders in the financial system of Mauritius to find solutions to the constraints of COVID-19”, says Kessen Ramalingum.
It highlights that there is a very special link between JurisTax and our clients, who are therefore considered as partners. “Therefore, by helping each other, we were able to get out of this very difficult phase that the whole world suffered,” he said. He adds that telework was favored during the confinements. “I would like to salute the entire JurisTax team for their dedication and patience in continuing to serve clients even under unprecedented circumstances. I send a special thank you to our IT department, which has ensured that we have all the necessary logistics to allow our employees to work from home,” he says.
In Mauritius, JurisTax now wishes to improve the services offered to its customers. Being ISO27001 and ISAE3402 certified and continuing to invest in software, the JurisTax team wants to demonstrate to investors that Mauritius has international quality assets to support their business with confidence. “We want to continue our international development and we hope to strengthen our presence as a Family Office in Singapore,” says Kessen Ramalingum. With this in mind, the commercial team continues to work to find other jurisdictions that will complement the international exposure.
job opportunities
As the financial sector is a dynamic sector that is constantly changing, there will always be job opportunities. JurisTax is ready to recruit young people who have just completed their Higher School Certificate or higher education as well as people with two to three years of experience in the financial sector.
Kessen Ramalingum stresses that there are always vacancies within the company. Junior Executives, Executives, Senior Executives… These are some of the positions to be filled. Anyone who wants to join the group can send their Curriculum Vitae by email to the following address: [email protected]
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Attract foreign investors
The official release of Mauritius from the European Union blacklist on March 13, 2022 was a great relief for the financial sector in general. So says Kessen Ramalingum. “When Mauritius was on this list, it was difficult to promote our jurisdiction. Now we are on par with other financial centres. We have a duty to maintain this status,” he said.
With the introduction of new licenses by the FSC and the enactment of new legislation, he argues that Mauritius is well positioned to attract foreign investors again. JurisTax had a good half of 2022, compared to the two previous years. The pending deals for 2020 and 2021 were able to be concluded thanks to the commercial team which has traveled a lot since the opening of the borders.
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