Snibe

Client objective

Snibe were very proactive in identifying markets they would like to expand into, and wanted to move quickly to establish themselves within them.

They had certain preferences regarding company set-up and operations – for example, entities in new jurisdictions should allow for 100% foreign ownership.

In 2024 and 2025, the company decided to establish a presence in South Korea, Bangladesh and Peru. Each country presented distinct challenges, and Snibe found managing different legal systems, compliance standards and local processes to be complex and resource intensive.

For example, in South Korea, language and cultural barriers made incorporation and regulatory navigation challenging. In Bangladesh, the capital account opening was problematic due to stringent banking procedures and limited responsiveness from local institutions. In Peru, Snibe faced a governance issue when their appointed legal representative became uncooperative, obstructing access to corporate functions and delaying filings.

With all of these issues happening around the same time, Snibe realised they needed one reliable partner capable of providing coordinated, corporate services across these jurisdictions to help ease the administrative burden.

Our solution

Managing multiple concurrent projects across borders can be challenging, but it’s an area that we specialise in.

Our integrated approach enabled us to deliver tailored solutions to meet Snibe’s requirements across the new markets, all overseen by one dedicated point of contact.

In South Korea, we managed the full incorporation process and now provide ongoing tax and accounting services, ensuring seamless local compliance. In Bangladesh, our team worked closely with Snibe and ensured successful completion of capital account set-up, despite local delays.

In Peru, Hawksford acted swiftly to remove Snide’s legal representative and appointed a new nominee director, restoring corporate governance and operational control.

Working closely with us removed the challenges associated with managing multiple providers. Our ability to coordinate across jurisdictions, through a single point of contact, allowed Snibe to focus on business growth, while we ensured compliance and continuity.

Committed to your ambitions

Helping you realise your business or personal wealth ambitions is what matters to us. Providing solutions and overcoming obstacles is what we do.

We’re here to help you make the most of whatever opportunities are out there. We don’t take a ‘cookie cutter’ approach and always look for creative ways to help you achieve your objectives.

When we say you come first, you can be sure that we really mean it.