Japan Tax, Accounting Tie-Ups Spurred by Foreign Investment

Smaller firms in the world of international tax, accounting, and auditing are expanding in Japan, riding a wave of foreign investment amid increasing global uncertainties over US-China and China-Taiwan tensions.

In the latest moves, two mid-size international tax and accounting firms—RSM International and Kreston Global—have tied up with Japanese firms. They did so as Japan’s inbound foreign direct investment more than doubled to 2.7 trillion yen ($20.6 billion) in 2021 from 1.14 trillion yen the year before, according to government statistics. ...