NGOs have played an important role in Asia’s development. However, like the private sector, NGOs in Asia are subject to increasingly stringent regulations and compliance requirements.Contact us for more information
As markets in Asia have grown rapidly, non-governmental organizations (NGOs) have played an important role in balancing social and economic development in many emerging economies. NGOs have always served as a primary channel for international assistance in the region. But beyond this, NGO assistance, programs, and services play a critical role in creating more collaboration between communities, industry, and governments.
Most governments in Asia have steadily increased regulations and compliance requirements to keep pace with the pace and depth of economic development. This increasingly stringent regulatory environment has affected NGOs, which are now subject to more rules regarding office structure, registration, and permitted activities, as well as financial reporting requirements, and particularly reporting for financing sourced from overseas.
Dezan Shira & Associates has helped a number of international NGOs manage their interests in compliance with local regulations to an international standard. From setting up and obtaining necessary licenses to managing reporting requirements and other statutory obligations. Dezan Shira & Associates has helped many NGOs increase the value of their contribution to the communities they serve.