resume_anish shah
TRANSCRIPT
ANISH SHAH B/101 Gold Crest, V. P. Road, Near Fidai Baug, Andheri (West), Mumbai - 400058 Mobile: 9820167001, Email: [email protected] ______________________________________________________________________________________
EDUCATIONAL QUALIFICATION Chartered Accountant - Institute of Chartered Accountants of India Nov’04 Master of Commerce - R.A. Podar College, Matunga, Mumbai Oct’ 05 Bachelor of Commerce - Narsee Monjee College, Vile-Parle, Mumbai May’01
PROFESSIONAL EXPERIENCE KPMG - Deal Advisory, M&A Tax department. Mar 10 - Till Date
Current designation – Associate Director
Transaction experience
Provided tax and regulatory advisory services to Investors/Promoters in relation to acquiring entire/partial stake in Indian Company or divesting their entire stake to third party or hiving-off of one of their division to give them a partial /complete exit and bring in investor which includes:
− Identifying and advising on various structuring option for acquisition / sale considering implications from Income tax, Stamp duty, Companies Act, SEBI, Stock exchange regulations, FEMA CCI regulations and accounting implications, as applicable
− Carrying out Due Diligence from Direct Tax Perspective
− Review of transaction documents such as business transfer agreement, share purchase agreement etc.
− Analysing exit options available to the investor at the time of future divestment
Restructuring experience
Provided assistance and advisory services to various listed/ private company(s) in relation to:
− Realignment of promoter holdings in listed company to achieve cost step prior to divestment and identifying ways of upstreaming cash in a tax efficient manner
− Consolidating Indian operation for enhancing financial strength, integrating the operations and by eliminating multiple operating companies in tax efficient manner
− Segregating the loss making division and integrate the related business segment for increasing the profitability of the company
− Tax efficient cash repatriation from India and tax savings on consolidation of its Indian entities
− Streamlining shareholding in listed company and other operating companies for migrating to a structure for succession planning
− Evaluating a overseas Intermediate holding company jurisdiction with a prime object for effective repatriation of profits
− Evaluating tax implication in India on overseas restructuring and foreign company merger into India
− Analyzing the applicability of CIC / NBFC regulation to the holding company
− Realigning real estate properties under one entity with minimal stamp duty
Analyzing the indirect transfer tax implication in India on transferring shares of foreign company by a non-resident to another non-resident
Advising Small Finance Bank (SFB) on various options available to them in consolidating their operations keeping in mind the in-principal approval granted by RBI and the commercials of the transactions
Evaluating various options to increase the shareholders’ value and to repatriate excess funds available with the Company to its shareholders and also assist in actual implementation of the same
Advising NRI’s on various FEMA implications including impact on their foreign bank accounts, investments and immovable properties outside India on change of residential status from Non-resident to resident, investments in India in LLP’s, acquisition of agricultural land in India, etc
Implementation of various Schemes of Amalgamation/Arrangements (involving the Court Process under section 391-394 of the Companies Act) obtaining stock exchange approval, co-ordinating with lawyers, Registrar of Companies, Regional Director, auditor appointed by Official liquidator, assistance in incorporation formation of LLP’s etc
Others
Given Presentation on impact of GAAR on various M&A products to the senior team members
Provided internal training to entire M&A team on topics such as: − FEMA Overview, Capital and Current Account Transactions, Liberalised Remittance Scheme
and Investments by NRIs − Interesting Case studies on mergers and acquisitions − Budget Highlights
Worked along with a group and simultaneously managing a team of 6 people PRICEWATERHOUSECOOPERS PVT. LTD – M&A Tax department June 08 – Feb 10
Provided assistance and advisory services to various listed/ private company(s) in relation to:
− Increase in promoter holdings in the listed company − Evaluating the holding structure for investments in their overseas subsidiary − Consolidation of Indian operation for realigning real estate properties (i.e. land) and minimizing
the tax and stamp duty cost − Consolidation of Indian operations for ease in fund raising, reduce overall cost and attain
financial efficiency − Advisory and Implementation of buy back under the provisions of Companies Act
Carrying out Due Diligence from Direct Tax Perspective
Implementation of various Schemes of Amalgamation/Arrangements (involving the Court Process under section 391-394 of the Companies Act) obtaining stock exchange approval, co-ordinating with lawyers, Registrar of Companies, Regional Director, auditor appointed by Official liquidator.
GRANT THORNTON - US & International Tax Department June 05 – June 08
Provided assistance and advisory services to various Indian/Foreign company(s) in relation to: − Setting up an overseas subsidiary company in the Asia pacific region for overview and
management of its sub contracted manufacturing operations − Setting up an overseas Intermediate holding company with a prime object for effective
repatriation of profits − Restructuring their operations and analyzing Mauritius route for making investment into India − Permanent establishment exposure, characterization of income and its tax implication
Advised Companies and Individuals on various tax and regulatory compliances in US
− Reviewing US Federal and various State Tax returns for the corporates − Preparing and Reviewing Current and Deferred Tax provision for various companies − Calculation of Federal and State income tax and withholding tax liability in US
PERSONAL ATTRIBUTES Strengths
Good analytical skills and Multitasking skills Ability to deliver results under Time crunch situations Good team player Adaptable to new environment
Other Interests
Traveling, listening to soft music, Swimming Personal Information
Date of Birth : September 26, 1980 Marital Status : Married Nationality : Indian