Reanda International has grown at double-digit pace in 2013

Reanda International is pleased to announce that the aggregate fee income of all network firms amounted to USD121.9 million for the year 2013 with a double-digit growth of 31% compared to the previous year. According to the International Accounting Bulletin (IAB) World Survey 2013 published in January 2014, Reanda International Network is ranked number 21 in the world ranking of accounting networks.

Our member firms demonstrated sustained performance while the Asia Pacific region posted significant growth in 2013. Through organic growth and strategic mergers resulting to an addition of five new branch offices, Reanda China excelled with a growth of 30% in fee income. Reanda Japan and Reanda Hong Kong also led the way, showing an impressive 21% and 6% increase in fee income respectively.

The network's appointment of new member firms in Russia, New Zealand and new correspondent firm in Germany also boosted the network's growth as a whole.

In 2013, there had been a significant rise in the number of offices - The network now has presence in 70 offices internationally, an increase of 67% on 2012. Reanda International is currently represented by 16 network firms and brings together 105 partners and 1,882 staff.

Building on the results of the previous years, Reanda International looks forward to cement the presence in our roots in Asia as well as the expansion in strategic tax regimes and the links with the African and European markets. While the network’s footprint is expanding rapidly, the network will continue to developing valuable tools and resources including but not limited to the development of China Desk services to address the new challenges and opportunities facing Reanda clients.