PIERRE VANRENTERGHEM
GENERAL MANAGER
ROSEMONT BUSINESS ASIA
Preparing and filing tax returns is more than just a thumb-twiddling activity. With the increasing twist and tweak of tax laws and regulation every year, tackling the tax code has become a top challenge for small and medium-sized firms. However, sometimes taking a short-sighted or silo approach in tax handling can give a serious headache to even the biggest and best-resourced businesses.
Given today’s regulatory, social, political and technological changes, enterprises are struggling to craft an appropriate tax planning strategy. Such challenges make it imperative for the businesses to have onboard an accounting firm with a deep understanding of the emerging global trends, experience, foresight and a clear strategy to navigate the rocky tides of tax successfully. And this is precisely where Rosemont Business Asia (RBA), a leading accounting and tax firm comes to the picture.
Headquartered in Singapore, the company is helping businesses to cope with the complex taxation policies. It provides centralized financial services in all south-east Asia through offices in Singapore, Vietnam, Hong Kong, and Thailand. The firm also has a private client practice in Monaco.
Simplifying Taxation Complexity
Incepted in 2014 with a vision of structuring and administering the financial world in the best possible fashion, RBA is making a mark in the industry. With its unique expertise in tax and accounting, it offers the best-in-class advisory services to its clients in South East Asia. While its deep industry know-how helps RBA to adhere to all the regulatory compliances with respect to Tax, its seasoned team of accountants, solicitors and tax advisors enables it to guide its clients through the intricacies of the modern tax and regulatory requirements. RBA also offers a wide range of accounting and financial end-to-end solutions in areas including business planning, advisory, cross border trade, accounting and audit liaison, residence, visas and immigration assistance.
Fostering Employee-First Culture
RBA believes that happier employees lead to happier customers. Hence it heavily focuses on creating a work culture that puts employees first and strives to increase employee’s satisfaction through internal HR policies such as a work-from-home day or unlimited paid leave. This, in turn, helps the company to improve productivity and decrease turnovers.
“Rosemont Business Asia has built a stable team of professionals providing continuous training and facilitating. RBA has adopted an ‘employees first’ policy aiming to increase employees satisfaction and training, in order to help them deliver the best quality of services to the clients,” avers Pierre Vanrenterghem, General Manager of Rosemont Business Asia.
RBA employs a multicultural and multilingual team of accountants, lawyers and tax advisors across each office, qualified or accredited in various jurisdictions. The continuous training offered by RBA helps its professionals to remain up-to-date on the ever-changing tax and compliance environment.
Attaining Consistent Client Satisfaction
Besides the wide horizon of offerings, its emphasis on client satisfaction has played a crucial role in RBA’s success.
“Business has gone through a steady but manageable growth so far. The key driver to that success was certainly anchored in consistent client satisfaction. We are able to cover regional matters through our offices and network of partners,” says Pierre.
He further asserts, “Last year, 90% of our new clients were referred by existing clients. Currently, RBA only onboard clients referred to by existing clients or trustworthy business partners.”
This customer-centric approach helps RBA to harbour trust and earn a bunch of loyal clients across industry verticals. While describing his experience with RBA, a client says “I have contacted Rosemont to help me create and manage my subsidiary in Vietnam. They were very efficient and flexible, and they managed beyond my expectations. The company has been created in a very short time. They were very reactive, professionals, and helped all along the process from the preliminary steps until the finalizing and the opening of the bank account. I strongly recommend them.”
Another client, the Regional Manager of the Asian subsidiary of a Pharmaceutical company told us, “We developed a great partnership with Rosemont and their dedication to providing quality services is evident in all aspects of their work. Their team are reactive, efficient and most importantly committed to finding solutions when you need it the most. With their help, we managed to cut in half the time of administrative tasks and have become my go-to contact whenever I need advice on local rules and regulations. Their international presence and network of partners is equally reassuring as we look to expand our activities. Keep up the good work!”
These testimonies by their clients give a glimpse of RBA’s prompt and effective customer-centric service that helps it to establish a strong client relationship.
Aiming to Expand Its Horizon
Moving forward, RBA plans to reinforce its base in South East Asia with further development in its offices in Singapore, Hong Kong, Vietnam, and Thailand while carrying on expansion in other countries such as Malaysia, Cambodia, Myanmar, and Indonesia. Meanwhile, the company is also working on digitization to enhance its services that will provide better value to its customer.
“Rosemont Asia has started working on the digitalization of its services. Company registration, corporate secretary, tax compliance and accounting services will soon be accessible through an online platform allowing clients to easily handle all their subsidiaries in Singapore, Hong Kong, Thailand, and Vietnam,” says Pierre.
“RBA aims to be a one-stop-shop for its clients’ financial, administrative and fiscal affairs in South East Asia,” he concludes.