Serving clients around the world
Grant Thornton serves businesses in more than 135 countries. Many offices have their own China desk and work closely with each other to deliver a supperior client service.
Currently, we the following Grant Thornton offices offer services specifically tailored to the needs of companies who are looking to do business in East Asia: Grant Thornton China, Grant Thornton Australia, Grant Thornton Austria, Grant Thornton Canada, Grant Thornton Cyprus, Grant Thornton France, Grant Thornton Germany, Grant Thornton Ireland, Grant Thornton Netherlands, Grant Thornton South Afrika, Grant Thornton UK, Grant Thornton US.
Restructuring and insolvency services in Asia-Pacific
Strong collaboration throughout Asia-Pacific: Following an influx of investment into the region over the past 20-30 years, we believe it is important that your restructuring advisor has access to local relationships, and can provide on the ground expertise and experience across China and South East Asia.
The importance of Offshore Financial Centres (OFCs)
Much of the funding being invested into Asia-Pacific is cross-border and typically structured through OFCs. The last 10 years has seen these OFCs play an increasingly prevalent role in investing in the region. These include jurisdictions such as the Cayman Islands, British Virgin Islands, Bermuda, Jersey, Guernsey and Mauritius.
For example, US$8 trillion of private wealth is held offshore (out of a global total of US$123 trillion), and over 30% of global foreign direct investment is handled through the OFCs.
A review of the Hong Kong Stock Exchange shows that 40% of the companies listed are incorporated in the Cayman Islands.
It is therefore essential to understand the links between the OFCs and the onshore centres to ensure that you are able to unlock value either through the offshore structure and the onshore investments or assets.