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South Korea Business Report

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Discovery Reports

RSM Korea helps global firms navigate through region’s complex legal frameworks

RSM International is the sixth largest network of independent advisory firms in the world with more than 800 offices across 120 countries

PUBLISHED : Wednesday, 25 October, 2017, 10:36am
UPDATED : Wednesday, 25 October, 2017, 10:36am

The booming business industry across Asia and the rise of start-up companies in the region have given investors more reason to tap firms such as RSM Korea to understand the complexity of the various legal frameworks. A member of the RSM International network, RSM Korea was established to serve local and foreign clients who want to make inbound and outbound investments in Asia-Pacific, particularly in South Korea, Singapore, Malaysia, Hong Kong and mainland China.

As RSM Korea, the firm continuously reinforces its core expertise in auditing, along with taxation and business consultation to help international clients to seamlessly bring their businesses into the

Asia-Pacific sphere. “China has a very unique financial reporting system, and while the regulation in China is very different from that of South Korea, we have been deeply capitalised in knowing all these, so you are confident in bringing your business there,” says Shinhan Accounting CEO Dr Choi Jong-man.

RSM International is the sixth largest network of independent advisory firms in the world with more than 800 offices across 120 countries. The global network’s information-sharing and support allow RSM Korea to offer services such as doing due diligence in executing initial public offerings in South Korea; understanding rigid laws in countries such as China; and providing advice on best practices wherever clients need to set up operations. The company’s proven expertise is backed by a robust track record with recent cases such as China Crystal, Heng Sheng and Rothwell.

Serving a wide range of industries, RSM Korea has more than 335 staff members, including 196 multilingual accountants accredited by the Korean Institute of Certified Public Accountants and the American Institute of Certified Public Accountants.

“We are the choice firm of small-sized to high-profile companies with our highly flexible, personalised and harmonised services,” says Kim Young-sik, head of RSM Korea’s international department. Strengthening its focus on cross-border expertise for various industries in Asia, it forecasts a 20 to 25 per cent growth in its international segment annually.

www.rsm.global/korea