Mazars claims to be the first international
accounting and consultation organisation to open an office on the
Indonesian island Bali. The office will also become the centre of
the firm’s global sustainability audit and consulting service.
The move comes less than a year after Mazars
first entered Indonesia and is due to increasing business
opportunities in the eastern part of the country.
In addition to the sustainability services,
Mazars Bali will offer audit, internal control, legal, tax and a
range of advisory services to support SMEs and entrepreneurial
businesses at every stage of development.
Mazars Bali will also provide assistance to
local and foreign investors on setting up new businesses in Bali,
property transactions and corporate secretarial services.
“Indonesia, with a total population of 230
million, 14,000 islands, all sharing strong SME growth, is ideal
for the development of further offices in the future,” Mazars
managing director in Indonesia Francois Monville said.
SME businesses account for 53% of Mazars’
The firm said that despite the global
recession, SMEs in Indonesia have grown rapidly and the Indonesian
Chamber of Commerce (KADIN) expects SMEs to grow on average by 25%