Legal structure and ownership

Grant Thornton International Ltd (Grant Thornton) is a not-for-profit, non-practising, international umbrella membership entity. It is organised as a private company limited by guarantee, not having a share capital, incorporated in England and Wales and does not provide services to clients. Services are delivered independently by the Grant Thornton member firms.

Grant Thornton is an organisation of independently owned and managed accounting and consulting firms. Each Grant Thornton member firm is a separate national firm. These firms are not members of one international partnership or otherwise legal partners with each other, nor does membership of Grant Thornton make any firm responsible for the services or activities of any other. Each firm governs itself and handles its administrative matters on a local basis. Most of the member firms carry the Grant Thornton name, either exclusively or in their national practice names, facilitated by a name use agreement. As at 31 December 2009 Grant Thornton had member firms represented in 95 countries.