Easy Trip Planners Limited has announced the incorporation of its wholly-owned foreign subsidiary, Easy Trip Planners Do Brasil Ltda, in Brazil on January 30, 2025. This strategic move marks the company’s expansion into the South American market, further strengthening its presence in the global travel industry.
Key Details of the Subsidiary:
- Name: Easy Trip Planners Do Brasil Ltda
- Authorized Capital: 1,000 shares at 1,00 Brazilian Real (R$) each
- Turnover: The entity has not yet commenced operations
- Nature of Contribution: Capital contribution remitted via banking channels
Objective and Strategic Impact:
The newly established subsidiary will serve as a key platform for expanding Easy Trip Planners’ tour and travel business in international markets, particularly in the South American region. The company’s expansion plan aligns with its strategy to diversify its global presence and capitalize on emerging travel markets.
The company has confirmed that the initial investment and shareholding represent 100% control. No related party transactions or regulatory approvals were involved in this setup.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice.
