The Abacus brand was first introduced in the mid-1980s when the firm became part of Coopers & Lybrand, then one of the UK’s leading international accountancy practices. C&L subsequently merged with Price Waterhouse in 1998 to become the global accounting giant, PwC, which included Abacus as a distinct member firm in its own right. From the late ’90s onwards, Abacus witnessed unprecedented growth in every sense: its client reach extended well beyond the confines of the Iberian peninsula and the United Kingdom; its business and product offering became increasingly sophisticated as clients demanded more from their fiduciary services provider than mere nomineeships; its staff complement multiplied by a factor of five within a decade.

We are proud of our historic association with the PwC network of which Abacus remained a member until July 2012, when Abacus chose to become an independent firm.

The partners of both firms in Gibraltar decided then that it would be mutually beneficial to allow Abacus to provide the full range of trust and company management services to all its clients which PwC’s auditor independence rules had hitherto constricted. Abacus and PwC remain closely associated and continue to provide services to each other, referring work to the other when opportunities allow.