A fraction of an error can have huge consequences—no matter the size of your enterprise. But, accounting and tax matters can be an overwhelming task; even more challenging for organizations based in a foreign country, where language can be a big barrier, and for SMEs on a lean operations budget.
This is where companies like HLS Global Co., Ltd. come in. As an international accounting, tax and business advisory firm with over three decades of experience under its belt, the company provides topnotch services in the fields of accounting, tax, audit, HR & labor law advisory, and consulting.
The United States-originated company started out catering primarily to Japanese subsidiaries operating in the USA. Now, HLS Global also offers encompassing solutions to non-Japanese multinational companies with operations in Japan, and for Japanese companies operating in Mexico, India and Germany. “In the US alone, over the last 30 years, we’ve supported more than 800 Japanese companies. Today, we are among the top accounting firms for Japanese accounting and tax requirements in the US. Because of our expertise in the US – Japan transactions, we also started seeing a lot of traction from American companies who wanted support in Japan. In 2001, the Tokyo office was established as a full-service, accounting, tax, and advisory office for non-Japanese companies looking to enter Japan or operating in Japan,” shares Manjul Agrawal, GM for Global Advisory Services.
On its 20th anniversary, HLS Japan is stronger than ever, fueled by a recent joint venture between its mother company, HLS and HWS, a German firm with almost 100 years of history in accountancy and audit. “We have concluded a joint venture in Germany and we are ready to serve European companies in Japan, and Japanese companies in Germany. Whatever we do is quite competitive. We bring in a cost advantage and we give a lot of personalized service to our clients across various verticals,” notes Norihiko Tokeshi, Partner and Managing Director.
Agrawal also points out: “One of the other things we offer SMEs when they set up in Japan is a virtual CFO service and one-stop shop, so that the Country Managers can simply focus on sales and building revenue. Our Tokyo staff are fully bilingual, to avoid ‘lost in translation’ issues. We also have an in house, ‘SHAROSHI’, which is a certified social security and labor law attorney, to offer complete HR advisory solutions as well. As a one-stop shop, our clients can be at peace about their operations in Japan.”