Vasseti (UK) plc is an investment holding company incorporated in the UK and listed on the Frankfurt Stock Exchange.The group has substantial business operations in Malaysia, in the field of communication, information technology, advertising, real estate and civil engineering. UHY member firms UHY Hacker Young in London and UHY in Kuala Lumpur work closely together on this large cross-border group audit. As the company is listed on the Frankfurt Stock Exchange, the group accounts are prepared using IFRS.
• Taxes comprise 59% of petrol fuel cost in Europe, compared to 50% of global average
• European tax rates higher than other major economies including USA and Japan
We welcome, GEWORD, our new member firm in Georgia, to the global accountancy network UHY, extending our coverage within the EMEA region.