The two networks hope the agreement will enable them to
better serve international clients. The two are notable for not
having audit branches, which they feel would constrain their
offerings and potentially give rise to conflicts of
The two organisations have collaborated for more than five
years, initially connecting through Brazilian firm
Machado Associados, which is
part of both networks.
LATAXNET, founded in 2003, has firms in 18 South and Central
American jurisdictions among its members. These include Rosso
Alba, Francia & Asociados in Argentina, Lewin & Wills
Abogados in Colombia, Turanzas, Bravo & Ambrosi in Mexico
and Rubio Leguia Normand & Asociados in Peru.
WTS Global is present in more than 100 countries worldwide
and works with a wide range of clients.
Representatives from seven countries in the LATAXNET network
came to Germany for the signing ceremony, visiting WTS offices
and meeting clients.