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June 6, 2010

Mazars opens office in Bali, Indonesia

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.

 

Good potential

“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’ international activity.

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% this year.

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