Our cooperation agreement with Dezan Shira & Associates further strengthens the support we can give to UK clients looking to trade in new global markets.
Expansion into Asian countries has the potential to bring huge business rewards to British investors. Indeed, a respected UK financial services firm recently forecast that China and India will become the world’s largest economies by 2030, knocking the USA into third place. Uncertainty around Brexit and the future of trade in Europe has also led many businesses to consider entering new markets, further afield.
If a move into international markets is a focus of your business plan, where do you start? How do you find business advisors with the local knowledge you need? What’s the best way to ensure you respect the culture and rules?
RfM + Dezan Shira – your international local business guide
Just as you might ask a local guide to show you around an unfamiliar city, a business can engage an advisor with expert local knowledge to help make their international journey a success. Dezan Shira & Associates (DSA) is a specialist practice providing strategic, tax, legal and accounting services to businesses entering, establishing and expanding their operations across East Asia.
In essence, they navigate the best route through the process of Asian familiarisation, from planning to corporate establishment. Once the business is up and running, they can also provide administration, financial, HR, payroll, and IT services.
UK and Ireland Desk
DSA has strong links with the UK and Ireland, having assisted over 300 businesses to expand into China alone. In 2019, the organisation launched a dedicated UK and Ireland Desk, led by Head of Development, Maria Kotova.
Maria is an in-demand speaker at international events where she is often invited to share her expertise on legal, tax and financial issues. She is also a regular contributor of business intelligence to firm’s publishing division, Asia Briefing.
The UK and Ireland Desk is manned by British professionals who have lived and worked in Asia for several years, gathering essential and practical knowledge of local markets. They work closely with clients to ensure that any cultural and language barriers are taken care of right from the very beginning.
RfM Accountants assists the Desk by providing overall support to clients in their home countries. Partner Paul Newsham is the key point of contact for UK RfM clients wishing to access international advice from Dezan Shira.
International opportunities for SMEs and subsidiaries
DSA typically works with small and medium-sized companies and subsidiaries of listed companies. They offer expertise across a broad range of sectors and industries including manufacturing, F&B, retail and wholesale, chemicals, equipment and components, automotive, medical devices, agricultural products, construction and e-commerce.
RfM clients can access a wide range of specialist services tailored to their specific international market, including:
- Cross Country Comparisons and Market Entry Strategy
- Entity Incorporation and Structuring
- Due Diligence
- Taxation and Transfer Pricing
- Accounting and bookkeeping
- HR and Payroll
To arrange a meeting to discuss your plans for expansion into Asia or other global markets, please contact Paul Newsham on 01772 431233 or email email@example.com