Source: Naqoda
Naqoda Ltd, a provider of software solutions and services to the financial industry, today announced the formation of Naqoda GmbH, a new subsidiary based in Frankfurt, Germany.
Erik Bogaerts, CEO, commented: "Germany is a key market for Naqoda and our German Flat Withholding Tax Engine. We've always believed that proximity to our customers and partners is key in continuing to build our market presence in Germany."
The new launch follows a year of active and successful prospecting in the German market.