14 Aug 2024

AKM Global Expanding! Excited to Announce New Office in the UAE!

AKM New Office.png

We are excited to announce that we have recently established a significant presence in the United Arab Emirates (UAE) with the opening of our new entity in Dubai. Having actively served in the Middle East market for the past three years, this strategic expansion comes at a crucial time with the advent of the Corporate Tax regime in the UAE. This move underscores our commitment to enhancing our global reach and providing focused services to our clients in the region.

Our firm, established over 40 years ago in India, has built a stellar reputation in taxation and advisory services. We are proud to have been consistently ranked by the International Tax Review (ITR) since 2016. Our team of seasoned professionals bring unparalleled expertise to every engagement, from international tax planning and transfer pricing to tax advisory services and due diligence.
The Dubai entity will offer a comprehensive range of services designed to facilitate business operations and ensure compliance with local regulations, including:

  • UAE/GCC entry strategy.
  • Business setup.
  • International tax (Cross Border Tax) advisory.
  • Transfer pricing.
  • Corporate tax advisory and compliance.
  • Value Added Tax (VAT) advisory and compliance.
  • Economic Substance Regulations.
  • Business Valuation.
  • Global mobility (PEO).
  • Immigration services.
  • Golden visa assistance.

Here are some notable assignments we have undertaken so far:

  • Conducted a full Corporate Tax Impact Assessment for a UK-based hotel group in the UAE.
  • Advised on Corporate Tax and VAT for the branch of a Swiss entity in the UAE.
  • Completed benchmarking studies for managerial remuneration and interest on loans for a large group in the UAE.
  • Assisted in setting up a representative office for a US-based multinational.
  • Facilitated the establishment of a Free Zone Entity in the UAE.
  • Completed the BEPS Pillar 2 Impact Assessment for a UK-based group with a presence in the UAE.
  • Conducted a Corporate Tax Impact Assessment for a fund based in Abu Dhabi, UAE.
  • Advised on Qualifying Investment Fund Status for a Bermuda-based fund.
  • Provided tax implications advice for a Free Zone entity in Dubai and Ras Al-Khaimah.
  • Successfully completed UAE Corporate Tax and VAT registrations for a branch of a Singapore company in the UAE.
  • Submitted Tax grouping applications to the Federal Tax Authorities in the UAE.

We are pleased to announce that our colleague, Yeeshu Sehgal, an International Tax professional with extensive experience in the Middle East, will be spearheading our operations in Dubai. With our combined expertise and dedication, we are confident in our ability to deliver exceptional service and support to our clients in the UAE.

We deeply value your continued support and partnership as we embark on this new chapter of growth and expansion. If you have any questions or would like further information, please do not hesitate to reach out using the contact details below.

Yeeshu Sehgal

Yeeshu Sehgal,
UAE Tax Lead (Based in Dubai)
[email protected]

Ashok Maheshwary

Amit Maheshwari

Sumit Maheshwari

Ashok Maheshwari,
Partner, Advisory
[email protected]

Amit Maheshwari,
Partner, Tax
[email protected]

Sumit Maheshwari,
Partner, Audit and Valuations
[email protected]

Sandeep Sehgal

Tanu Arora

 

Sandeep Sehgal,
Partner, Transactions and Advisory
[email protected]

Tanu Arora
Director, Business Development
[email protected]