Dezan Shira Business Management Services (China) Ltd. is formed in Hong Kong with a remit to provide business advisory services to foreign investors in mainland China, including both post and pre-incorporation assistance, trademark registration, and related advice. The new company also opens a small office in Shekou, the deep water port of Shenzhen, which has become a focal point for foreign investment due to its special status as China‘s first ”Special Economic Zone."
The firm services its first clients, which involved various China trademark applications, representative office establishments and joint venture contractual reviews, mainly within the offshore oil industry. The practice hires its first Chinese staff.
To better promote the firm and to bring all marketing needs directly under its own control, Dezan Shira & Associates launches its first magazine: China Briefing. The issue is distributed throughout five-star hotels in Shenzhen and Guangzhou and immediately runs out of the 1,000 copies printed. Over the next decade, distribution becomes national with circulation reaching 25,000 copies a month.
Dezan Shira & Associates opens its office in Dalian.
The practice is invited to join Integra International, a global network of accountants and tax advisors.
The practice embarks on a specific campaign to establish offices throughout China. An immediate result of this is the establishment of an office in downtown Guangzhou.
The firm is invited to join the Leading Edge Alliance, a significant global network of international accountants and auditors, with a combined annual turnover of US$2.3 billion among its members.
Further South China expansion is realized through the opening of an office in Zhongshan, serving the development of the West Pearl River Delta region. Additionally, as Ningbo's deep water port facilities are developed, and improved road, rail and air connections with Shanghai are built-up, the practice opens an office in the city.
China expansion continues with the opening of an office in Hangzhou in the Yangtze River Delta region.
International development arises with the opening of a liaison office in Italy to better service the firm's growing Italian client base.
China expansion continues with the establishment of an office in Qingdao.
Dezan Shira & Associates expands into South Vietnam with the opening of an office in Ho Chi Minh City, Vietnam‘s largest commercial port. An office is established in Singapore as the practice eyes development in ASEAN and Southeast Asia as key to its strategic regional development as an Asia-focused firm.
In the United States , Dezan Shira & Associates establishes a client liaison office in Charlotte, North Carolina.
The firm wins one of the Leading Edge Alliance‘s highest accolades: ”Most Innovative Firm of the Year.“ The practice also celebrates its 20th anniversary by releasing a specially commissioned piece of classical music, with live premieres taking place at celebratory events in Beijing, Shanghai and Guangzhou.
As foreign direct investment flows increase throughout Southeast Asia due to the growing regional clout of the 10-nation ASEAN bloc, the practice rolls out a newly reinvigorated Asia Briefing portal. In line with Dezan Shira & Associates' Asia-focused approach, ASEAN Briefing is also launched, which contains details of free trade and double tax agreements throughout Asia, including those between ASEAN, China and India.
In 2014, just as Vietnam was currently undergoing dynamic changes in its economy and culture, we felt it was time to create a logo that more accurately represented this exciting country