Multinational auditing firm R.Tulsian is expanding its Bahrain presence in anticipation of future growth, opening its regional headquarters at the Bahrain Financial Harbour to be closer to key clients.
The company is also in the advanced stages of establishing offices in Saudi Arabia and Oman, enabling it to support a growing number of clients across the region with essential auditing functions.
The decision to base its regional headquarters in Bahrain demonstrates the firm’s continued confidence in the kingdom’s accounting industry, which has been witnessing a boom following the implementation of VAT legislation, despite the Covid-19 pandemic.
“The current crisis has left many businesses facing a cash crunch and trying desperately to cut costs wherever possible," said R.Tulsian Chartered Accountants Middle East Group Partner, Shashwat Tulsian. "However, auditing remains a vital task, with companies still needing experienced professionals to help with essential functions.
"During June, which was the last month for completion and submission of audited financial statements for most companies, we saw a surge in demand for auditing services as businesses tried to catch up with the timeline.
"With support from our UAE, Saudi, and Oman teams, our expanded Bahrain office helps clients with these support functions so that they can focus on what matters most, getting their businesses back on track.”
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