BDO services all Central America with new firm in Belize

BDO, one of the worlds largest accountancy and business advisory firms, has incorporated a new firm in Belize. The move aims to serve local businesses in Belize and also in the British Oversea’s Territories of Turks & Caicos. 

The addition of the new firm to the BDO network means that the advisory company now has a presence in every country in Central America. The firm also has an extensive network across South America and the Caribbean operating in 33 countries in the region. 

BDO’s new Belize firm was founded in 1972 and previously was affiliated to the Crowe Horwath network – one of BDO’s rival networks globally. BDO Belize joined on the 1st of April, 2018, and has since been offering audit, outsourcing, tax and consulting services to local and regional players.

Stanley Ermeav, BDO Belize’s founding partner, said that he is “very proud” that his firm is joining BDO’s global network, stating “Our firm’s core purpose is to deliver outstanding services to our clients, so we are very much in tune with BDO’s exceptional client service brand promise.”

“With an overarching mindset of ‘the best or nothing’, our partners and staff subscribe to principles and values that enable us to deliver high quality, cost effective and timely services consistently,” Ermeav said.

Albert Lopez, who is the Regional CEO for BDO in the Americas, commented “I’m delighted to welcome this new firm to BDO, which already has an excellent reputation in its local market. BDO’s expansion strategy has focused on critical players and Stanley Ermeav and his team represent an important milestone in the development of BDO in the region.”

Lopez took over the top spot in January this year amid a structural reshuffle and speculation about the opening of a new Latin American headquarters. The new headquarters is rumoured to be in either Atlanta (US) or Miami. 

He continued; “With the addition of BDO Belize, we now have a footprint in every country in central America. With their emphasis on the importance of teamwork and mutual respect, I am confident that they will help to ensure that our clients right across the Americas can benefit from the combined expertise of all BDO firms – while at the same time find the service capabilities to fulfil their complex needs at local level.”

Globally, BDO is with around 74,000 partners and staff in 160+ countries one of the world’s top ten largest accounting and consulting networks.