Dezan Shira & Associates

How I Started A $1.5M/Month Law, Tax And Compliance Consulting Business With 28 offices in China And The Rest Of Asia

February 25th, 2021

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About
Business

Chris Devonshire-Ellis

Founder, Dezan Shira & Associates

$1.5M

revenue/mo

Founders

300

Employees

Dezan Shira & Ass...

dezshira.com

from Multiple

started November 1992

$1,500,000

revenue/mo

Founders

300

Employees

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Hello! Who are you and what business did you start?

Hi, My name is Chris Devonshire-Ellis and I am the Founding Partner of Dezan Shira & Associates. We are an Asian-focused consulting practice with specializations in law, tax, compliance, and related issues for foreign investors, mainly from the United States and Europe, who wish to trade with, sell to, or start-up businesses in Asia.

Our clients tend to be SMEs or subsidiaries of listed companies. I started the firm in Hong Kong in 1992 and today we have 28 offices across mainland China, the ASEAN nations of Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam, plus offices in India, Russia, and liaison offices in Europe and the United States.

I began the business with very little capital, just hard work, and today we turn over about US$20 million per annum. Apart from the large law and tax firms, we are one of the most influential companies of our type in Asia today, with over 8 million readers of our websites and media outlets and a client base of several thousand companies. Over the years we have handled about US$8 billion of foreign investment into Asia.

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