A Mississippi based law firm with a reputation for complex US tax rules and regulations issues has made a bold move into Asia.
Butler Snow's Singapore office in Ocean Financial Center will concentrate on delivering US tax and estate planning advice to ultra-high net worth families and family-controlled businesses, according to a press release on Wednesday.
The new office will concentrate on delivering US tax and estate planning advice to ultra-high net worth families and family-controlled businesses.
Key markets include Singapore, Hong Kong, Malaysia, Indonesia, the People’s Republic of China, Taiwan, Thailand and the Philippines, where the firm has established clients.
Singapore the best location
Kurt G. Rademacher will head up the Singapore office. He is a seasoned professional in international wealth transfer planning. Rademacher represents ultra-high net worth families and family controlled businesses throughout the world in the areas of US federal income, gift and estate tax issues.
«We selected Singapore because it is a leading financial hub, has a business-friendly environment and offers a strong legal framework,» said Rademacher. «Its position as a convenient gateway to the rest of Asia, where many Butler Snow clients are located, makes it extremely attractive,» he added.
Hong Kong office planned
Butler Snow is also looking to establish a long-term presence in Hong Kong soon. Singapore will serve as the regional office with a full-service Hong Kong office to follow.
Butler Snow works with clients across the US and more than 30 countries.
