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International Financial Reporting Advisory Services
IFRS reporting advisory serivces of Grant Thornton are carried out by our dedicated team with expertise in IFRS implementation.
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Audit Services
Audit Services
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Audit Quality
Audit Quality
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Audit Approach
Audit Approach
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Licensing services
Licensing services
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International tax planning
Our extensive international network provides us with significant resources to meet all your expansion goals. We strive to develop commercially focused and tailored tax strategies to minimise tax exposures and maximise business efficiency.
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Expatriate tax planning
We have a broad knowledge base and skills to assist you keep your personal income taxes to a legitimate and reasonable level, while remaining compliant with legislation. We can develop a personalised package for each key employee to take maximum advantage of the exemptions and incentives available.
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Tax advisory
We will review the proposed business model and transactions and advise on tax implications and recommendations to optimize the tax opportunities under the local regulations and treaties which Vietnam entered into. Furthermore, we coordinate with our GT global tax team to provide a comprehensive tax advisory for the countries involved in the business model and transactions.
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Tax compliance services
This service is designed to assist enterprises to cope with the statutory tax declaration requirements in line with the Vietnamese tax laws as well as the frequent changes and updates in tax laws.
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Tax health check
Our Tax Health Check involves a high-level review of specific tax areas to highlight the key issues that need to be rectified in order to reduce tax risks. Through our extensive experience, we have identified key risk areas in which many enterprises are not fully compliant or often overlook potential tax planning opportunities. Our tax health check service represents a cost-effective method to proactively manage risks and reduce potential issues arising as a result of a tax inspection.
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Transfer Pricing
Transfer pricing is a pervasive tax issue among multinational companies. In Vietnam, the tax authorities require special documentation to report related party transactions. Compliance with transfer pricing regulations is an important aspect of doing business effectively in Vietnam as failure to do so may result in significant penalties.
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Tax due diligence
We conduct tax due diligence reviews of target companies to analyse their tax exposure and position in relation to acquisitions, mergers or consolidations. We are able to integrate this service with our Advisory Services department in order to offer a comprehensive, holistic due diligence review.
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Customs and international trade
Our experienced professionals can help you manage customs issues more effectively through valuation planning and making use of available free trade agreements. We also assist Clients in optimising their customs procedures by making use of potential duty exemptions and efficient import-export structures. Risk mitigation activities include customs audit defense and compliance reviews.
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M&A Transaction
We advise numerous foreign investors on efficient tax structures for their investments. Our experience allows you to consider all the options and set up a corporate structure that meets both operational and tax efficiency requirements. In short, the structure that is best for you.
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Industrial Zones – Picking A Location For Your Business
Grant Thornton Vietnam’s one-stop services are designed to provide comprehensive support to both new and current investors who are planning to expand or restructure their business in Vietnam. Our professionals have established strong working relationships with landlords, property developers and authorities at various localities. With extensive experiences in liaison with the relevant agencies, we offer assistance including negotiation on land rental rates and efficient management of licensing process. Our customized and flexible solutions can bring benefits of cost efficient location, accelerate licensing process, and optimize tax opportunities while remaining in compliance with legislation.
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Tax Audit Support
Tax audit support services provide comprehensive assistance to your business in Vietnam. Recent tax practices have shown the general tendency of launching routine tax audit on yearly basis. Tax authorities have been effectively using more sophisticated methods to identify target entities from across different industry sectors.
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Business Risk Services
Business Risk Services
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Transaction Advisory Services
Transaction Advisory Services
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Valuation
Valuation
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Business consulting services
Finance Management Advisory
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Accounting services
Accounting services
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Taxes compliance within outsourcing
Taxes compliance within outsourcing
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Payroll, personal income tax and labor compliance
Payroll, personal income tax and labor compliance
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Secondments/Loan staff services
Secondments/Loan staff services
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Compilation of the financial and non-financial information
Compilation of the financial and non-financial information
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Accounting systems review and improvement
Accounting systems review and improvement
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Initial setting-up for accounting and taxes systems
Initial setting-up for accounting and taxes systems
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Management accounting and analysis
Management accounting and analysis
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Technology Solutions Consulting
Our Technology Consulting and Solutions team works with clients to design, execute and optimise their Technology investments and transformation strategies. We understand your objectives, long-term view of future growth and needs , helping you to select and implement solutions that match your technology investments with your business and growth strategy.
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Digital Advisory
Digital Advisory brings a fresh perspective to our clients by reimagining their businesses and services in the digital age and helps them define and implement their digital strategies.
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Offshore company establishment service
Using the offshore company model will facilitate the owner in the process of transaction and expand overseas markets, take advantage of the tax policy with many incentives and protect the value of the family enterprise's assets.
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Private Trust Advisory
The development of the economy with many modern financial instruments has brought many advantages and opportunities for the enterprises, but there are still certain potential risks in any type of business. So how to protect your asset value with an appropriate company structure while stay compliance with relevant regulations?
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Our values
We have six CLEARR values that underpin our culture and are embedded in everything we do.
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Learning & development
At Grant Thornton we believe learning and development opportunities help to unlock your potential for growth, allowing you to be at your best every day. And when you are at your best, we are the best at serving our clients
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Global talent mobility
One of the biggest attractions of a career with Grant Thornton is the opportunity to work on cross-border projects all over the world.
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Diversity
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience and perspective makes our organisation stronger as a result.
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In the community
Many Grant Thornton member firms provide a range of inspirational and generous services to the communities they serve.
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Available positions
Experienced hires
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Available positions
Available positions
London - 10 January 2020: Grant Thornton International Ltd today announced global revenues of USD5.72 billion for the financial year ended 30 September 2019, up 5.1% on 2018. This result represents growth of 6.4% in constant currency terms*.
In particular, the results, in constant currency terms, were driven by:
- Investment in 13 strategic growth markets where Grant Thornton sees the highest potential for growth in the mid-market segment. Firms in these countries grew by 12.8% – double the global growth rate – and now account for USD1bn of total global revenue. Growth in these markets was led by Brazil (+26.3%), Germany (+24.3%), India (+21.2%), Japan (+14.4%) and China (+9.9%).
- Asia Pacific saw outstanding results from many firms, including those above, which drove growth of 10.7% across the region, nearly double the projected regional GDP growth for 2019.
- Solid growth across all service lines with a particularly strong result from advisory (+8.6%), closely followed by tax (+5.9%) and assurance (+4.7%).
- A global focus on growing mid-market businesses which are expected to continue to outperform the rest of the market.
Peter Bodin, CEO Grant Thornton International Ltd, says: “Our robust 2019 global revenues are the result of a deliberate strategy, focused on quality and culture, which delivered sustainable growth for the network. While business optimism fell around the world in 2019, our firms’ focus on quality and helping clients navigate an increasingly uncertain world has delivered another record result for our network.
“Our investment in strategic growth markets is paying off. With these markets delivering double the growth rate of the rest of the network, we expect this investment to continue to pay dividends over the long-term.
“As clients continue to expand into new territories, transform the way they do business and cope with increasing regulation, we need to evolve and adapt with them. There is also mounting pressure from consumers, investors and regulators to transform business models and build a more sustainable global economy. It’s reassuring to see Grant Thornton firms succeed as we continue to build a sustainable next-generation professional services organisation.”
The strength of the network in key markets around the world was highlighted by the 20 largest firms reporting combined growth of 7.1% in the past year. Other regional highlights include the Americas (+5.7%) with Brazil, (+26.3%), Puerto Rico (+10.1%) and Canada (+8.9%) all recording strong growth; while Europe (+7.9%) saw particularly strong performances from Poland (+24.7%), Germany (+24.3%), Denmark (+21.9%), Spain (+14.9%) and Ireland (+10.4%). The Middle East also reported strong growth across the whole region.
Results for year ending 30 September 2019 in summary:
- The Grant Thornton network recorded growth of 5.1% in USD terms with total combined member firm revenue of USD5.72bn (6.4% growth in constant currency terms to USD5.80bn).
- The number of people in the Grant Thornton network grew to 56,028 (+6.3% on 2018).
- Assurance services made up approximately 39.4% of total revenue (USD2.28bn, +4.7%); tax services accounted for 21.8% of total revenue (USD1.26bn +5.9%) while advisory services, making up 36.1% of revenues, was the fastest growing service line (USD2.09bn +8.6%). Other services accounted for 2.7% of total revenues at USD156m (+7.6%).
- 25.8% of the growth (USD90.42m) in 2019 has come from mergers and acquisitions - more than in the previous three years. In total, there were 34 deals with the German firm’s merger with Trinavis being the largest by value and English-speaking Canada being the most active by number completed.
- The Americas remains the network’s largest market with revenues of USD2.6bn (+5.7%), followed by Europe at USD1.9bn (+7.9%). Particularly strong growth came from the Middle East (+32.1%) and Asia Pacific (+10.7%).
- The network also welcomed in five new member firms – Guatemala, Ivory Coast, Jordan, Panama and Paraguay.
Download the 2019 global results infographic