Prisma Technologies is an SaaS platform that analyses, predicts and suggests actions enabling retailers to increase profits by optimising prices, promotions, inventory, assortment and space within the same platform.
The company developed an online training simulator, which analysed information for the retail sector and mass consumption companies.
The key part of the company’s success was tapping into the Massachusetts Institute of Technology to expand the network of contacts and research new technologies in order to make the business successful internationally.
In November 2019, Prisma contacted the British Embassy in Argentina to learn more about the opportunities in the UK market and potentially set up the UK company.
At the end of 2019, EBS got in touch with the Prisma Directors to discuss the tax environment and the benefits of establishing the UK entity. Prisma Technologies Limited was formed in the UK at the end of 2019 with assistance by the EBS team.
Matias Kerlakian, Director of Prisma Technologies Limited said: “Thanks to the assistance from EBS, we were able to settle and start doing business in the UK very quickly. Throughout the entire process and further, EBS has demonstrated exemplary professionalism and accuracy when serving. I could not speak more highly about EBS.”
Today EBS provides Prisma Technologies Limited with legal compliance services, including Registered Office and Company Secretary. The company also successfully opened a UK bank account with the assistance of EBS and is now able to service its UK customers directly through the British company.