December 22, 2024
nishi kichenin

We recently had the opportunity to interview Nishi Kichenin, Founder, CEO, and Director of JurisTax. With her expertise in law background and global business, Nishi leads JurisTax where they deliver exceptional business solutions that exceed client expectations. 

As one of the leading financial services groups headquartered in Mauritius, JurisTax offers expertise in non-banking solutions to clients worldwide. The company’s global network enables them to deliver tailored services to their clients. 

Spark Behind The Journey

We started the interview by asking, “Reflecting on your journey, what inspired you to start in your current industry, and what was a defining moment early in your career?” 

Nishi shared, “The desire to create an impact and solve real business challenges. I was very much aware that most start-up entrepreneurs were taking a lot of risks, and that they had a lot to lose if their businesses were not properly managed, and if I removed the corporate burden off their shoulders, then they stood a better chance at success. This realization fuelled my drive to establish JurisTax, where our mission is to partner with clients, providing comprehensive solutions in accounting, compliance, and corporate management, freeing them to focus on their core business.

I have had a few defining moments in my career, and the last one was the licensing of JurisTax in the DIFC. With the new CSP license, I was reminded again of that early moment – of why I started this journey: to be at the forefront of supporting businesses across the GCC and globally with solutions that enable them to flourish in an increasingly competitive and regulated environment.” 

Adaptability Amidst Adversities

Challenges are a part of every career path. To learn how Nishi Kichenin overcame the same, we asked, “Throughout your career, what has been one of the most significant challenges you faced, and how did you overcome it?” 

She replied, “When launching JurisTax, I faced a pivotal challenge: overcoming the perception that Mauritian corporate service providers were regional, not global, players. Our initial hurdle was demonstrating capabilities beyond basic services, and positioning ourselves as trusted partners resolving complex corporate and compliance issues for international businesses.

To overcome this, I focused on two key pillars: innovation and strategic expansion. Firstly, we developed specialized expertise in compliance, risk management, asset and fund management, and structuring, which positioned us as thought leaders in these areas. Additionally, we embraced technology and automation to enhance efficiency and transparency in our operations, something that global clients increasingly valued.” 

“JurisTax’s strategic expansion, which was our second pillar, has established a global footprint, with a presence in India, Singapore, Delaware, and Dubai, and representation in South Africa, Egypt, Nigeria, and China. Our key milestones here include acquiring Rockfin Compliance and licensing in the DIFC, enabling tailored solutions for GCC clients. This expertise and strategic presence have helped us redefine Mauritian CSPs’ role globally. We now partner with businesses to optimize structures and ensure compliance, leveraging our own experiences and strengths in perseverance, adaptability, and teamwork.” Nishi added. 

Potential Trends Of The Industry

We further asked, “Given the rapid evolution in your industry, what major trends do you see shaping the future, and how is your company preparing for them?” 

Niahi responded, “The financial services industry is undergoing significant transformation, with two key trends leading the way: regulatory tightening and digital transformation. These trends are not just shaping the future but redefining the role of corporate and financial service providers globally.

We are a witness to how regulatory landscapes are tightening globally, and businesses now require integrated solutions to mitigate risks. JurisTax has strengthened its compliance and risk management offerings, particularly through the acquisition of Rockfin Compliance and Tax Services. Our specialized services empower clients to navigate evolving regulations with confidence, providing peace of mind across the GCC, Africa, and beyond.” 

She continued, “The second trend, digital transformation, is rapidly changing the way businesses operate. Clients are now seeking CSPs that can provide technology-driven solutions, such as automated processes, real-time reporting, and digital onboarding. To stay ahead, JurisTax has embraced technology and is continually innovating our services to offer our clients greater transparency, efficiency, and accuracy.

To address these emerging trends, JurisTax is investing heavily in specialized teams with expertise in regulatory compliance and technology. This enables us to stay ahead of industry developments and deliver tailored solutions to clients. The future of corporate services relies on integrating compliance expertise with digital innovation, and JurisTax is well-positioned to lead this transformation across Mauritius, DIFC, and our global network.” 

Plans We Asked Nishi Kichenin

Eager to learn about the visions and plans Nishi has set for her business, we inquired, “Looking ahead, what are your aspirations for your company, and what strategies are you considering achieving them?” 

She responded, “My vision and aspiration are for JurisTax to become the go-to partner for businesses seeking to expand and succeed. My plan to achieve this is through innovation based on technology, the right strategic partnership, and client-centric service delivery. I envision JurisTax becoming a premier advisory partner for companies in the GCC and beyond, assisting business owners and entrepreneurs with their corporate structuring, compliance, tax management, risk solutions, and asset and fund management.” 

Embracing Latest Innovations

AI and emerging technologies are transforming businesses. So, we asked, “How do you see these changes affecting your industry, and how is your company adapting?” 

“As a Financial Services Provider, we see this as an opportunity to enhance the value we provide to our clients. AI is streamlining knotty processes, from the onboarding process to compliance to tax and FATCA reporting. AI will allow us to deliver more precise, efficient, and proactive solutions and this is to the advantage of the clients.

At JurisTax, we are fully embracing this transformation. One of our key upcoming projects this year is the launch of Online Korp, a platform designed to revolutionize how businesses access and manage corporate services. Our vision for Online Korp is to leverage AI and automation to simplify client interactions, enabling seamless onboarding, real-time compliance checks, accounting services, and other financial services. Online Korp will be a completely digital corporate service provider and we hope that this will enhance the client corporate experience.” Nishi replied. 

Ethics At The Core Of JurisTax

We were curious to learn more about the values that guide the functioning of JurisTax. So, we asked Nishi, “What guiding principles or core values have you consistently relied on to drive your company’s success?” 

She shared, “At the heart of JurisTax’s success are a few key principles that have not only shaped the company’s journey but also reflect the values I hold close. First and foremost is honesty and integrity. I believe that long-term relationships are built on trust, and this is non-negotiable in all aspects of JurisTax’s business.

Another key principle is my team’s commitment to respect our clients’ businesses as if they were our own. Our team’s commitment is to relieve clients of their corporate burden, handling governance, compliance, and tax obligations so they can focus on their core business. I believe resilience and adaptability are key to overcoming challenges. This mantra drives JurisTax’s evolving approach, enabling us to seize new opportunities and support clients through life’s unexpected turns.

Ultimately, our goal is to grow alongside our clients. As we continue to expand into new markets, including the DIFC, these principles – integrity, client respect, and adaptability – will remain central to everything we do. At JurisTax, we believe that our clients’ success is our success, and we are committed to walking this journey with them, every step of the way.” 

Staying Ahead Of The Curve

Having innovative solutions ensures marking a strong position in the market. To learn more about this from Nishi, we asked, “Could you share an innovative strategy or approach that has recently helped your company stand out in a competitive market?” 

One of the most innovative strategies we have recently implemented at JurisTax is the setting of the first global digital corporate service provider which will be launched in a couple of months – Online Korp. We have worked on this project for 2 years and what makes this platform stand out is its AI-driven approach, which will allow clients to automate critical corporate processes. 

This platform provides an intuitive, user-friendly interface that simplifies corporate governance, making it easier for businesses to focus on growth while their corporate needs are handled digitally in a seamless manner. By leveraging this technology, we’re not just standing out – we’re setting new standards in the corporate services industry. 

Our clients see us not only as a service provider but as a partner that anticipates their needs and delivers value in real time. This forward-thinking approach will be instrumental in differentiating JurisTax in the competitive DIFC market and beyond.” She shared. 

Evolving Leadership Strategy

We ended the interview by asking, “How has your leadership philosophy evolved over the years, particularly in light of the technological advancements and disruptions in your industry?”

Nishi responded, “My leadership philosophy has always been grounded in adaptability, integrity, and a commitment to continuous growth, both for myself and my team. In the early years of JurisTax, I focused on building strong relationships, understanding the specific needs of each client, and ensuring that JurisTax delivered value with honesty and integrity. 

These principles remain central today, but my approach has evolved as technology has redefined the way we operate. The digital transformation has required me to embrace innovation and lead my team to not just adapt but also blossom in this evolving landscape.” 

“A key evolution in my leadership has been the need to balance technology with human expertise. While AI and automation have streamlined processes, I believe that human insight and personalized service are irreplaceable. My role as a leader is to guide my team in leveraging these technological advancements to improve efficiency and accuracy, while still maintaining the personal touch that our clients value.

Another critical shift has been the importance of building a culture of lifelong learning, and curiosity to stay ahead. This agile mindset enables resilience and adaptability at JurisTax. My leadership philosophy now centers on balancing technology-enhanced innovation with personalized care and trust. By embracing change and fostering growth, we navigate disruptions and grow alongside our clients, ensuring forward-thinking solutions that support their evolving needs.” She added. 

Follow Nishi Kichenin on LinkedIn.

Find JurisTax on LinkedIn and visit their website https://www.juristax.com/

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