Challenge
12Tree is a pioneer in making sustainable forestry and agroforestry projects investable on a large scale for institutional investors. Based in Germany, the company has investments in several Latin American countries. They needed support to establish and expand their operations in Latin America, requiring assistance with incorporating local companies, managing legal and tax issues, and navigating the complexities of doing business across multiple Latin American markets.
We recommend Ongresso to companies and investors who want to do business in Latin America and need the support of an experienced local partner. — Richard Focken, CEO, 12Tree
Solution
Ongresso has performed several key services for 12Tree since November 2017. From incorporating local companies to managing legal and tax issues, Ongresso has been instrumental in establishing and expanding their operations in Latin America. They have provided legal, accounting and administrative advice, as well as support in project management and local talent search. Thanks to their experience and knowledge of the local market, 12Tree has been able to carry out their investments more efficiently and effectively.
Ongresso has been providing a variety of services to their group of companies in Colombia and Peru, including tax and legal consulting, financial and tax due diligence, accounting and tax, as well as administrative and operational support.
Results
Thanks to Ongresso's multidisciplinary team of experts and the quality and efficiency of their work, 12Tree has been able to evaluate new investment projects from a tax and financial perspective more effectively. Ongresso has provided expert opinions on how to structure investment agreements in an international context, and managed the accounting and tax obligations of their SPVs, ensuring their compliance with local requirements. The partnership has enabled more efficient and effective investment execution across Latin American markets.