We welcome Daeyoung Accounting Corp., our new member firm in South Korea, to the global accountancy network UHY, strengthening our representation in the Asia Pacific region. The firm is in the process of adopting the UHY branding and will soon be known as UHY Daeyoung Accounting Corp.
Daeyoung Accounting Corp. was established in 2010 and has over 60 professional staff, including 25 CPAs, primarily handling accounting and tax services, particularly for foreign clients doing business in Korea. Industries represented by clients include packaging, automotive manufacturing and real estate.
The firm offers services in fluent English and provides a wide range of commercial services, including business set up, statutory audit/review, book keeping, tax management and M&A support. A number of the firm’s professionals were formerly with Big 4 firms as auditors, tax specialists and finance/accounting consultants.
Managing partner of Daeyoung Accounting Corp., San Kyu (Sam) Shin comments “Being part of the UHY global network will be of great value to our current and potential clients. The global presence of the network combined with the expertise and knowledge shared among UHY’s 8,500 colleagues around the world strengthens our own market position, locally and internationally.”
Dennis Petri, chairman of UHY comments: “We are delighted to welcome Daeyoung Accounting Corp. to the UHY network. Their capabilities strengthen our presence in the Asia Pacific region where we have members in 20 countries. South Korea has developed into one of the world’s major economies. Manufacturing accounts for a significant segment and the country exports a range of goods including vehicles, chemicals, and integrated circuits (microchips). We believe the firm’s knowledge and expertise should present a very good fit for our network”.