Tourism
BDO works with international businesses across the Travel & Tourism industry. BDO has a breadth and depth of expertise across this industry segment, and we provide business and risk assurance, tax planning, corporate finance assistance, performance improvement advice and personal wealth management to our clients and have a thorough understanding of the sector.
Our commitment to excellence extends to clients of all sizes, from small local enterprises deeply entrenched in the tourism industry to international conglomerates that collaborate with our global BDO audit team. Our audit services are designed to ensure that your financial operations are in compliance with industry standards and best practices.
Going International
More and more groups in the Leisure & Hospitality sector are looking to expand overseas. We can help you to work through the options available to you (joint venture, opening a branch, franchise, acquistion) and to ensure that, when you do make the leap, you would have planned for the most efficient tax structures and would have the necessary knowledge on the ground. With a remarkable presence in over 110 countries, supported by a network of more than 1,100 offices, we possess the local expertise needed to facilitate your international expansion, ensuring a smooth transition and a competitive edge in new markets.
Specialist advice we can provide to the tourism sector includes:
- Industry regulation and compliance: We stay updated with the latest regulations and compliance requirements within the sector, ensuring that your business remains in full adherence to legal standards.
- Flotations, acquisitions and disposals: Whether you are considering an initial public offering, acquiring a new business, or divesting assets, we provide expert guidance to help you make informed decisions, maximize value, and execute these strategic moves seamlessly.
- Tax planning and compliance: BDO's team of experts will work closely with you to develop and implement a tax strategy that is not only compliant with international tax laws but also optimizsd to minimise your tax liabilities.
With BDO as your partner, you can confidently navigate the complexities of the Travel & Tourism industry and position your business for success, both domestically and on the global stage. Our deep industry knowledge, international reach, and commitment to excellence make us the ideal choice for all your business needs in this vibrant and ever-evolving sector.