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Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
Outsourcing Changes to the Outsourcing legislation, specifically when offshoringSignificant changes to the dynamic of the financial services sector in recent years have shifted the paradigms in how we work. The increased digitisation of the workforce, changes in business models, globalisation, and remote working capabilities have led to a new approach to the delivery of services.
Asset management Inflation and tax planningThe recent onset of rapid inflation is an unwelcome development that is having a widespread impact on US businesses and tax planning.
With a history steeped in international trade and entrepreneurialism, modern-day Osaka offers world-class skills and a highly attractive business culture.
A large port city and the recognised commercial centre for Honshu, Japan’s main island, Osaka is ideal for businesses looking to expand into the region. It has long flourished as the political, cultural and economic heart of Japan, says Isamu Takagi, senior partner at Grant Thornton Taiyo LLC in Japan, and was the first capital of Japan during the 16th century.
“The city and wider Kansai region have a unique culture that preserves the best of old Japan while appealing to foreign investors and entrepreneurs,” explains Takagi.
“Built by merchants, Osaka was the centre of agriculture production and trade in Japan for centuries. Its key strengths have been its location and logistical infrastructure, from the harbour to Kansai Airport today.”
Osaka’s advanced transport network provides excellent access not only to the rest of Japan – Tokyo is a two-hour bullet-train ride away – but also to cities in Asia and around the world, Takagi says.
But he points out that the Kansai region alone, including cities such as Kobe and Kyoto, presents a fantastic opportunity for businesses moving into Japan. It is a market equivalent in size to a major western economy such as the Netherlands, for example.
“Osaka is all about the people: not only are they kind and welcoming to new businesses and investors, but we can also boast a high level of skills thanks to our world-leading schools and universities,” says Takagi.
The area has developed significant industrial capabilities in sectors such as precision engineering, electronics and pharmaceuticals: “There are a number of internationally renowned companies that have emerged from Osaka, such as Panasonic, Sharp and Suntory.”
The even better news for companies considering locating in the area, Takagi says, is that costs are typically much lower than in Tokyo. “Keeping down fixed costs such as rent, land prices and labour costs contributes greatly to a business’s continued success,” he explains.
“Businesses can save approximately 30% on office rent and 15% on labour costs in Osaka when compared to Tokyo. And it is worth mentioning that employers can find it hard to recruit high-quality people in the capital due to the exorbitant cost of living.”
New business incentives
In recent years, the authorities in Osaka have ramped up their efforts to attract international businesses. The city government offers subsidies aimed at helping establish innovation that contributes to the generation of new businesses.
“And new businesses that are set up within designated areas of Osaka City and are engaged in the advanced fields of new energy and life science can apply for municipal and prefectural tax reduction of up to 100% for the first five years and 50% for the following five years,” explains Takagi.
There are also a number of public organisations, such as Invest Osaka, that work with foreign investors and businesses to help them find real estate or establish partnerships with local entities.
Economic hub – with Olympic potential
Meanwhile, Osaka is set to benefit from the interest generated by the 2020 Olympics in Tokyo, as well as Expo 2025 in Osaka in the more distant future.
“Osaka has traditionally been considered Japan’s economic hub,” says Takagi. “And for international businesses, thanks to the culture here as well as the infrastructure and the regional access, that is more the case today than at any point in the past.”
Osaka’s location, entrepreneurial spirit and openness makes it the ideal gateway for companies looking to expand into the Japan as well as into other east Asian markets. To find out more about establishing your business in the region, contact Isamu Takagi.
Osaka quick facts
- Location: Central Japan, Kansai region
- Time zone: Japan Standard Time GMT +0900
- Population: 20 million in greater Osaka area (including Kobe)
- GDP: US$610.7 billion (2016) 
- Industrial strengths: Electronics, engineering, pharmaceuticals
- Growth sectors: Life sciences, alternative energy
- Regional access: Tokyo 2h30m by bullet train, 1h10m by air; Seoul 1h45m; Beijing and Hong Kong 3h30m; Singapore 6h.