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UNDERSTANDING ASIA PACIFIC

The Asia Pacific region covers a vast area and a multitude of individual economies, each at varying stages of development offering different levels of growth. Investing and doing business in the region requires knowledge of a number of facets that affect each country.

RSM’s long-standing presence in Asia Pacific provides clients with the knowledge to unlock the market’s potential, while helping them to navigate the diverse labour laws, compliance legislations and crossborder challenges. Our deep expertise in investment strategies, corporate set-ups, market intelligence and transfer pricing is essential for those businesses looking to enter the region.

Introducing the new RSM China

12 July 2019
To continue attracting and retaining the very best talent, our focus must also be on the continued investment we make in our people, delivering our brand values through our behaviours, as well as our work, and moving forward together with an inclusive approach in a culture of innovation.

RSM Academy – Prepared for global business

19 June 2019
A key element of RSM’s global strategy is to empower and develop our people so that they can serve our clients in increasingly innovative and complex ways. For our people to achieve this in today’s global economy, working as international teams based on trust and understanding is critical in delivering our brand promise, The Power of Being Understood.

RSM's Global Capabilities

12 June 2019
From new trade rules to talent migration, from big data to cyber threats, the world is changing at an unprecedented pace. But upheaval also means opportunity, if you’re prepared.

The aftermath of Storm GDPR in Asia Pacific

23 May 2019
When the GDPR came into effect last year, only a small minority of organisations in Asia Pacific could be considered to be fully compliant.

Balance for Business

7 March 2019
This year’s theme for International Women’s Day is #BalanceforBetter, and the organisers have emphasised that balance is not a gender issue, it is a business issue. A blog by Jean Stephens, CEO of RSM International.

Issue 89 - IFRS News in Brief

18 February 2019
Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

RSM posts record revenues as consulting services power growth

28 January 2019
RSM has reported record global revenues of $5.37 billion for 2018

Issue 88 - IFRS News in Brief

18 January 2019
Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

2018 RSM World Conference staged in Toronto

29 October 2018
Harnessing the power of RSM’s people to drive innovation and transformation in the middle market

RSM appoints new Global Leader for Quality and Risk

22 October 2018
RSM, the leading global network of audit, tax and consulting firms focused on the middle market, has appointed Marion Hannon as its Global Leader for Quality and Risk. Marion Hannon will oversee the continuous focus on audit quality across the network.

Issue 85 - IFRS News in Brief

22 October 2018
Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Investing in our people to deliver success

26 September 2018
The theme for this year’s RSM World Day is ‘Putting Our People First’, based around our belief that through the development of our diverse talent we can create a culture of innovation, in which our people thrive and drive growth for our clients.

International VAT Update: June 2018

5 June 2018
Breaking VAT news from RSM's experts around the world, including updates from Portugal, Norway, UK, Italy, Australia, Canada, South Africa and Malaysia.

Re-imagining business models for GDPR and a data-driven age

4 June 2018
A blog by Jean Stephens, CEO. 2018 has been an eye-opener when it comes to protecting customer data. From middle market businesses to large corporations, cybersecurity and simple human error pose an increasing risk. With the EU’s General Data Protection Regulations (GDPR) having come into effect last month, how can middle market businesses and fast-growing companies use this change to benefit them?

Storm GDPR and Asia Pacific

22 May 2018
Reaction and response to GDPR is only now receiving an increased level of attention. However, efforts and establishment of projects focusing on GDPR risks are not yet as widespread as we would expect given the reach and potential impact of the regulations.

Issue 80 - IFRS News in Brief

10 April 2018
Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

Giving globalisation meaning: re-emerging markets and the road to reglobalisation

13 March 2018
Reglobalisation will belong to those countries that adapt to the onset of the Fourth Industrial Revolution, those that understand globalisation’s pros and cons, and not those hiding behind walls of protectionism. Those who want to succeed must create business-friendly ecosystems, well-established and transparent market rules and steadfast connections to transnational economic networks.

Key strategies for business leaders in the changing global economy

13 March 2018
Leaders need to carry out careful, strategic planning to meet the many challenges they face. Cautious engagement seems the wisest path. They must partner with the right advisors, research individual markets carefully, anticipate policy shifts and adapt to them more swiftly and effectively than their competitors.

People, progress and pressing the case for diversity

7 March 2018
On this International Women’s Day, achieving gender parity should not be our only goal. Equal opportunity is the bedrock of a free and fair society. We participate in society as individuals, and as a network, so it is our responsibility to contribute to it. To achieve more we all need to proactively and continuously press for progress, and bring about a world where parity, diversity and inclusion become standard and are embraced as critical elements to our business success and are part of societal norms.

International VAT Update: March 2018

5 March 2018
Breaking VAT news from around the world, including updates from the European Union, France, Italy, Germany, Australia, Switzerland and Hungary.

Issue 77 - IFRS News in Brief

3 January 2018
Breaking IFRS news from the past month; including publications, deadlines, announcements, comment letters from RSM, and decisions by the IASB.

NAFTA, Brexit and the future of the middle market

8 December 2017
Middle market businesses need to prepare for the shifts of international commerce. At the same time the US President is seeking to change NAFTA, the UK is seeking to exit the largest trading bloc in the world, the European Union. The threat of renegotiated trade deals brings a risk of increased tariffs on exports and stricter regulations.

BEPS and beyond: tax issues to watch out for

16 November 2017
When it comes to tax affairs, the biggest fear among clients is of committing an offence by accident. This article outlines a number of key tax areas to watch out for, including BEPS, US tax reform and the Paradise Papers. 

Bob Dohrer reappointed to IAASB Board

6 November 2017
RSM is delighted to announce that Bob Dohrer, RSM’s Global Leader for Quality and Risk, has been reappointed for a second three-year term to the International Auditing and Assurance Standards Board.

Mapping out your approach to BEPS

16 October 2017
A guest blog by Rob Mander, International Tax Services, RSM . The international tax systems of the last decade haven’t kept up with the changing nature and pace of multinational groups of companies. In a world where so much business is conducted across borders, it is important that legislation and, more specifically, tax authorities have sufficient sight of the global allocation of income within multinational organisations.

RSM wins prestigious ‘Network of the Year’ Award

5 October 2017
RSM, the world’s sixth largest network of independent audit, tax and consulting firms, has been recognised as the Network of the Year at this year’s The Accountant and International Accounting Bulletin Awards.  Specifically, the judges commented on the success of the network’s new global brand, and the achievements over the past two years that have resulted in a stronger, better positioned and more understood network. They also praised RSM’s focus on its foundation of quality whilst at the same time building new areas of strength.

Innovation through collaboration

19 September 2017
Successful companies, particularly those in a growth phase, share a common characteristic: the dedication and commitment of their employees. 

RSM launches International Tax InfoMap and a global Innovation Competition

19 September 2017
The theme of RSM World Day 2017 is ‘Innovation Through Collaboration’. To mark the occasion RSM has combined its expertise from across the network to create its interactive International Tax InfoMap. The tool is designed to help internationally ambitious businesses respond to the latest developments in international trade.

The gig economy isn’t holding back and the middle market shouldn’t either

29 August 2017
With companies like Deliveroo and Uber bedding into our lives, the gig economy has revolutionised the way people are working and therefore the way workplaces are structured. Middle market businesses need stay ahead of the curve, using their strengths to their advantage where large corporations can’t, by reacting and revisiting their business practices to adhere to this new way of working.

Collaborative leadership drives change: a regional conference round-up

3 August 2017
We have just completed our regional conference season, with gatherings in Seoul, Dubai, Panama City, Malta and finally Johannesburg. Here, RSM International's CEO, Jean Stephens, shares her reflections from the conferences and how the different economic challenges are influencing the work we do with our clients

Doing business in Japan

7 June 2017
The aim of this publication is to provide general information about the social, economic, and legal environments in Japan. Gaining a basic understanding of these environments is essential for success in doing business in Japan. All information is up to date as of April 2016. Users are advised to contact their local RSM member fi rm or any of the contacts listed on page 78 for further detail and updates.

Tax complexity fuels uncertainty, but middle market firms can untangle the mess

22 May 2017
Tax complexity is a challenge that is particularly acute for middle market businesses who lack the scale to invest in large compliance teams, but have the agility to adapt more quickly than large corporates. We spoke to RSM experts in Australia, Brazil, UK, and US to ask how middle market businesses can untangle this mess.

Cyber threat has no borders

15 May 2017
The ransomware cyber-attack that took place in May 2017 was unprecedented in scale and affected more that 230,000 computers in 150 countries. The indiscriminate attack on hospitals and government agencies exploited known vulnerabilities in old systems of Microsoft Windows operating systems. Cyber security now supersedes all technology risks for businesses, and this attack shows many have not yet responded to the threat. Some markets boast sophisticated technology and regulations, while others have restricted access to digital infrastructure. No matter where you look, however, there is one constant. In the arms race between cyber criminals and experts, neither party ever draws far ahead.

RSM NZ to grow China Practice Group

17 March 2017
China is one of New Zealand’s largest trading partners and over recent years New Zealand has experienced a rapid influx of Chinese businesses and individuals seeking investment opportunities.

Be bold for change on International Women’s Day

8 March 2017
International Women’s Day is an opportunity to celebrate how far the world has come in the fight for gender equality but also to reassess our approach.

Doing business in India

15 February 2017
Today, India is the world’s fastest growing economy, the seventh-largest country by area, the second-most populous country with over 1.33 billion people and the world’s largest democracy.

A new chapter in RSM leadership

1 February 2017
RSM New Zealand (Auckland) starts 2017 with a bang, announcing Liz Groenewegen as Managing Partner and welcoming specialist Lisa Murphy as Tax Partner

Indirect Tax Update - January 2017

31 January 2017
Breaking news from the RSM Indirect Tax Group, including updates from the GCC, EU, Netherlands, Hungary and China.

China’s blossoming middle class presents fruitful opportunities for the middle market

2 November 2016
China is home to a thriving community of mega businesses, but it also offers opportunities to foreign middle market companies that are looking to expand their footprint or launch in new markets. As a network we pride ourselves on having the local knowledge our clients need to succeed and a growing number of these clients see their future in China.

RSM World Day 2016

1 November 2016
RSM World Day is a very special event in RSM’s busy calendar. This year, staff around the world celebrated our fifth RSM World Day – and yet again – our member firms pulled out all the stops to make it a huge success. This magzine shows the highlights.

Myanmar - a new frontier

1 April 2016
Continuing our series on frontier and emerging markets, we focus here on Myanmar – the latest country to be listed as a frontier market.

RSM achieves 6% fee income growth and moves to 6th in the worldwide ranking

3 February 2016
RSM, the adviser of choice to entrepreneurial growth-focused organisations globally, is pleased to announce a 6% increase in global fee income, to US$4.64 billion, for the financial year ending 31 December 2015. RSM has also moved up one place in the global ranking and is now the 6th largest global network of independent audit, tax and consulting firms.

RSM Reporting - Issue 25

25 November 2015
In this issue we report on the IASB’s endeavour to publish a new Conceptual Framework, which is approaching a successful completion.

A day to be proud

26 October 2015
Today, 26 October 2015, is a defining day for RSM and the partners and staff of each RSM member firm as we come together under one name and brand – RSM.

OECD announces further action to target international businesses

24 October 2015
Tax avoidance by large businesses is a topic that continues to attract attention, with governments keen to state that they are tough on those that abuse the rules.

Introducing RSM

23 October 2015

New Zealand Inland Revenue announce two year focus on multinationals

21 July 2015
The New Zealand Inland Revenue Department ‘IRD’ has announced a two year focus on multinational businesses. The IRD has also identified specific transactions that will be actively reviewed during this project.

Austria: Tax Reform Act 2015

21 July 2015
On 20 March 2015, the Ministry of Finance of Austria published the first details of the planned Tax Reform. On 16 June 2015, the Austrian Government approved a draft version of the Tax Reform Act 2015. The reform will, in principle, be applicable from 1 January 2016.  Corporate key elements of the reform are:

Diversifying wealth and opportunity – the rise of China’s inland cities

4 February 2015
China’s inland provinces are becoming increasingly accessible to the global economy. Thanks to new air routes, their cities have become more accessible for business, trade, and tourism. For example, it is now possible to fly direct from Amsterdam to Hangzhou, from London to Chengdu, from San Francisco to Wuhan, and Frankfurt to Changsha.

Mr. Narendra Modi and India's economic outlook

5 January 2015
According to recent research by Reuters, ‘India's economy will likely grow at its fastest pace in two years in the current fiscal year, as Prime Minister Narendra Modi implements reforms to attract investment’. Now, nearly 200 days into Mr.

RSM World Day Magazine 2014

5 October 2014
Read all about the RSM World Day social and charitable activities from RSM firms around the globe.  

Transfer Pricing News: China investigating service and royalty charges of past 10 years

16 September 2014
On 29 July 2014, the Chinese State Administration of Taxation issued an announcement ('ShuiZongBanFa 2014 No. 146') to strengthen its investigation on service and royalty charges from overseas related parties during the past ten years from 2004 to 2013.

Transfer Pricing News - Malaysia: Disclosure requirement in Income Tax return

14 July 2014
A new item has been included in the Income Tax Return for the Year of Assessment 2014 which requires the taxpayer to indicate whether transfer pricing documentation has been prepared by the taxpayer for the relevant year of assessment.

Transfer Pricing News - Australia: Revenue Authorities serious about driving down SME compliance work?

14 July 2014
Following the recent release of draft rulings and practice statements by the Australian Taxation Office (ATO) relating to the new transfer pricing legislation in Australia, the ATO recently invited comment from respected practitioners across the country to discuss practical, simplified and pragmatic measures for taxpayers in order to adequately, yet cost-effectivel

Indonesia: the wind blows hot and cold

24 June 2014
When Jim O’Neill coined the term ‘MINT’ for the economies of Mexico, Indonesia, Nigeria and Turkey, he stated that Indonesia, due to be ranked as the seventh largest GDP globally by 2050, had the potential to be “more compelling than Russia”, principally because of its growing population of young workers.

Transfer Pricing News - Australia: Transfer Pricing Guidance Package

23 June 2014
On 16 April 2014, the Australian Taxation Office (ATO) published its Transfer Pricing Guidance Package. It contains two draft taxation rulings and two draft transfer pricing statements. These documents are intended to provide guidance for the application of the new transfer pricing legislation that entered into force in July 2013.

RSM World Day Newspaper 2013

5 October 2013
Read all about the RSM World Day social and charitable activities from over 70 countries around the globe.  

Malaysia and the pace of change

17 May 2013
I have recently returned from Kuala Lumpur, having attended the RSM Asia Pacific conference, where over 160 RSM leaders from across the region and other key markets came together to discuss client service and the growth and development of the RSM network.

Update from Seoul - locals report 'business as usual'

12 April 2013
I am writing from Seoul, at the close of a successful visit to our member firms in Japan and here in South Korea. Initially I assumed my timing could have been better, given the tension in the region this week, but being on the ground here at this time has been a fascinating experience.

A Promising New Year for RSM China

8 February 2013
Chinese New Year is upon us, which is the perfect opportunity to take a closer look at one of the most dynamic markets in the world today, in spite of the turbulent global economy.

RSM World Day 2012

5 October 2012
One day, one focus, one network. On 20 September 2012, RSM brought together its accounting network of 32,000 colleagues across 700 offices in 94 countries as part of RSM World Day. It was a celebration of the growth and success of RSM and it was an opportunity to showcase the capabilities and expertise of the intergrated network, around the world.

RSM network connects for day of global celebrations

19 September 2012
On 20 September 2012, RSM will bring together its accounting network of 32,000 colleagues across 700 offices in 94 countries as part of RSM World Day – a celebration of the growth and success of the integrated network and an opportunity to showcase its capabilities and expertise around the world.

China’s Carbon Trading Experiment is good news for the Cleantech industry (and the planet)

7 June 2012
The recent report “China’s Carbon Emission Trading: an Experiment to Watch” by the Stockholm Environment Institute provides a 

Guest post: Indian government reforms will lead to sustainable growth...

23 April 2012
India continues to make great strides as an economy. Policy decisions made by the Government will increasingly reverberate around the world.

Global business confidence - a local perspective from Hong Kong & China

19 August 2011
The latest FT/Economist Global Business Barometer indicated a fall in confidence among businesses around the world. More than a third of respondents expect conditions to worsen.

Propelling growth in Malaysia

26 May 2011
Recently I had the pleasure of spending time with my colleagues in Malaysia celebrating the 33rd anniversary of our member firm RSM RKT Group, with staff and clients of the firm. Many congratulations to the RSM team in Malaysia on this great occasion.

Chinese economic growth bears expensive fruit

17 May 2011
Sometimes you have to look at the small stuff to understand the complexity of economic growth. My latest trip to China was eye opening. The cost of everyday items, such as the price of fruit has risen significantly this year - by all accounts some 31% in the past 12 months (consumer prices were up 5% in the year to March).

Austria's taxation dilemma

6 April 2011
The Financial Times published a thought-provoking article this morning that looks at a new tax introduced by the Austrian government last year. The new 25 percent levy on capital gains from stocks, bonds and other financial instruments aims to reduce the country's deficit by increasing state revenue.

Inspired by India

25 February 2011
I just returned from a trip to Mumbai where I spent two days exploring the growth opportunities in India with the leaders of our member firm, RSM Astute Consulting*. Mumbai is very well known for its high energy and excitement and this trip certainly proved it no different.

How can we help you?

Regional Office

RSM Asia Pacific
Level 21
55 Collins Street
Melbourne
Vic. 3000

Tel: +61 3 9286 8000
Fax: +61 3 9286 8199

Regional Leader
Neil Hough

Regional Coordinator
Lynnette McGowan

RSM Representation for Asia Pacific: