Manama, July 6 -- Multinational auditing firm R.Tulsian opened its regional headquarters in Bahrain in order to tap into the future growth in auditing, accounts and other related services.

The company is also in the advanced stages of establishing offices in Saudi Arabia and Oman, enabling it to support a growing number of clients across the region with essential auditing functions. The decision to base its regional headquarters in Bahrain demonstrates the firm's continued confidence in the Kingdom's accounting industry, which has been witnessing a boom following the implementation of Value Added Tax (VAT) legislation, despite the coronavirus (COVID-19) pandemic.

"The current crisis has left many businesses facing a cash crunch and tryi...