Member Profile

Alok is a partner with EY’s Middle East practice and is based in Kuwait. He has lived and worked in Kuwait for over 24 years and has detailed knowledge of business and taxes in Kuwait. He has considerable experience in advising entry-level strategies for foreign multinationals wishing to do business in Kuwait. Alok has been involved in a number of consulting assignments (including cross-border planning, application of double tax treaties and the efficient handling of tax and commercial affairs) for project due diligence, business paper preparation or review, and structuring operational activities). Alok is a member of the Institute of the Chartered Accountants of India and is an active member and frequent lecturer at the American Business Council, French Business Council, British Business Forum and Canadian Business Council in Kuwait. He is also on the Board of the American Business Council in Kuwait. Alok has been consulted by various government organizations in Kuwait on the practical implementation of various regulations in Kuwait, including the Ministry of Finance and National Offset Company. Alok also works closely with the Kuwait Direct Investment Promotion Authority (KDIPA) and a number of other government institutions.

Ernst & Young, Kuwait enjoys the premier position as tax advisers in Kuwait. With 2 specialist tax Partners, 4 Directors and a team of 50 tax specialist staff, we service approximately 70% of registered tax payers in Kuwait. We have an extensive experience of assisting companies in managing their tax compliance in Kuwait in the most efficient manner, advising on tax treaty matters and providing for entry-level strategies to foreign companies intending to carry on business in Kuwait.

The above also includes team of experienced specialists in VAT, Cross-border tax transactions, BEPS, FATCA, Transfer pricing etc. to assist our broad spectrum of clients across different industries.

While EY works across various verticals, serving clients from different industries, our main clients in Kuwait are from the Oil & Gas Sector and Engineering & construction sector. The other major clients are from Technology and Government and Public Sector.

• Advisory services related to setting up efficient structures in Kuwait (including assistance with the application process for setting up entities under the New Companies Law in Kuwait and the Foreign Direct Investment Laws in Kuwait);

• Value Added Tax Advisory Services (VAT);

• Tax Planning, Tax Advisory Services, Tax Accounting and Risk Advisory Services;

• Tax Compliance Services, including assistance with respect to tax audits carried out by the Kuwait Tax authorities;

• Cross-Border Corporate Income Tax Advisory;

• Transfer Pricing;

• Services related to the implementation of Foreign Account Tax Compliance Act (FATCA); and

• Human Capital Services

• Advice related to the offset program in Kuwait

Government and Public sector enterprises

Financial institutions

Companies in the Oil & Gas sector

Companies in Technology sector

Middle East Regional Tax Account Leader and client service partners for certain large multinational companies operating in the Middle East.

Over twenty four years experience in advising leading multinational clients on the Kuwait Tax Law and assisting clients with fulfilling tax compliance obligations in Kuwait.

Has worked closely with the leading financial services institutions active in Kuwait and provided tax structuring advice for transaction including lending transaction, derivatives, Total Return Swaps and investment in securities listed on the Kuwait Stock Exchange.

Alok is an active member and frequent lecturer at the American Business Council, French Business Council, British Business Forum and Canadian Business Council in Kuwait. He is also on the Board of the American Business Council in Kuwait