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Grant Thornton Kuwait Eyes Growth Strategies for Global Franchise Brands

ARAB WORLD / Franchise news / main
- September 10, 2023
Arab franchise Magazine

 Grant Thornton, a global accounting and consulting powerhouse, is setting its sights on the dynamic world of franchise brands in Kuwait. With a rich history spanning 50 years in the country and a membership in Grant Thornton International since 1973, Grant Thornton Kuwait is well-positioned to offer a wide range of services to multinational enterprises, including those in the thriving franchise sector.

“In today’s competitive business landscape, franchise brands face unique challenges and opportunities. Grand Thornton recognizes the need for comprehensive, tailored solutions that address the complexities of the franchise model. Whether you are an established franchise looking to expand, a new brand entering the market, or seeking to optimize your current franchise operations, our Tax and Risk advisory services are designed to meet your specific needs,”Says Hazem E. Al-Agez, Partner of Tax Advisory and Compliance Services, Kuwait.

A Global Powerhouse:

Grant Thornton is renowned as the sixth largest international accounting and consulting organization in the world. With a vast network of more than 750 offices spread across 138 countries and a workforce of over 68,000 professionals, the firm boasts annual revenues exceeding US$7.2 billion. This global reach and extensive expertise make Grant Thornton a trusted partner for businesses of all sizes seeking financial and strategic guidance.

Grant Thornton Kuwait’s Rich Legacy:

Established 50 years ago, Grant Thornton Kuwait is not only one of the oldest but also among the most respected firms in the country. Since becoming a member of Grant Thornton International in 1985, the Kuwaiti branch has consistently demonstrated a commitment to excellence in delivering financial and advisory services. This legacy of trust and expertise positions Grant Thornton Kuwait as a key player in the region’s business landscape.

 

 

 

Hazem E.Al-Agez,Partner,Tax Advisory and Compliance Services,Kuwait.

Diverse Services Portfolio:

Grant Thornton Kuwait offers a comprehensive suite of services tailored to meet the unique needs of its clients, including those in the franchise industry. Some of the key services provided by the firm include:

Audit & Assurance: Ensuring the accuracy and transparency of financial information is paramount, and Grant Thornton Kuwait excels in providing comprehensive audit and assurance services.

Taxation Services: Navigating the complex landscape of taxation is made easier with the firm’s expert tax consultants who provide strategic guidance and compliance solutions.

Business Risk Services: Identifying, assessing, and managing risks are essential for sustainable growth, and Grant Thornton Kuwait offers specialized services in this area.

Transaction Advisory: For businesses seeking to make strategic moves, the firm provides advisory services that encompass mergers, acquisitions, and divestitures.

Technology & Cybersecurity Advisory: In an increasingly digital world, Grant Thornton Kuwait helps clients harness technology securely and effectively.

Transformation Advisory: Driving organizational change and growth is supported by the firm’s transformation advisory services.

Business Process Solutions: Streamlining operations and improving efficiency is achieved through tailored business process solutions.

Legal & Regulatory Compliance: Staying compliant with local and international regulations is made easier with the firm’s legal and regulatory compliance expertise.

Forensic Services: Uncovering and addressing financial irregularities is crucial, and Grant Thornton Kuwait offers forensic services to meet this need.

Training Services: Enhancing the knowledge and skills of professionals is a priority, and the firm provides training services to upskill and empower teams.

Karim Ezz El-Din, Manager Tax Advisory and Compliance Services,Kuwait

Grant Thornton is committed to partnering with franchise brands at every stage of their journey, from inception to maturity. Our services are tailored to your unique goals and challenges, providing practical, actionable solutions that drive results.”Our mission is to empower franchise brands to thrive in a dynamic and competitive market. With our specialized advisory services, we aim to be the catalyst for their success,” said Karim Ezz El-Din, Manager Tax Advisory and Compliance Services ,Kuwait

 

As Grant Thornton Kuwait focuses its attention on the franchise industry, it brings to the table a wealth of global experience, a commitment to excellence, and a comprehensive suite of services. In an era of rapid change and evolving market dynamics, the firm’s expertise and guidance will undoubtedly play a pivotal role in helping franchise brands in Kuwait and beyond achieve their growth objectives and navigate the complexities of today’s business landscape. Grant Thornton Kuwait’s dedication to its clients and its ability to provide insight and agility will undoubtedly help them stay one step ahead in their respective industries.

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