Accounting and business advisory firm M. Meilak and Associates of Victoria has been added to the international network of affiliates of WTP Advisors, the global tax and advisory consultancy.

WTP Advisors service primarily Fortune 500 companies.

Partner and co-founder Ian Boccaccio said Malta provided a unique financial landscape in Europe and the firm had been seeking a company which met the criteria of its rigorous affiliate programme. With Malta, WTP Advisors now has 24 offices in 15 countries.

WTP is interested in the region because Maltese companies are appearing more and more frequently in international corporate ownership structures, perhaps due to the business-friendly environment that Maltese authorities have attempted to establish.

“Receiving the recognition of a multinational company like WTP Advisors is an extremely welcome pat on the back and an opportunity to extend the array of services we offer while passing on the benefits of the WTP network to our existing and future clients,” M. Meilak and Associates director Malcolm Meilak said.

WTP Advisors continues to build on its global capacity by initiating affiliations with tax and business advisory firms with similar passion, experience, and expertise, to meet the needs of its growing base of multinational clients, the company said.

With clients spread across many borders, and exposed to many different tax and legal environments, WTP’s mission is to improve an organisation’s bottom line. Each affiliate firm is selected based on its reputation for high-quality work and hands-on involvement by senior staff.

Inc. magazine ranked WTP Advisors in the top 15 per cent of its fifth annual Inc. 500/5,000, an exclusive ranking of the nation’s fastest-growing private companies.

WTP was recognised by Fortune magazine earlier this year in its David vs Goliath column, which touted WTP’s client retention built on the avoidance of bureaucracy and specialised tax software.