Mayank Sahwney



About Me

Mayank Sawhney is the Managing Director of MaxGrowth Consulting, which is a boutique Multi National Tax Advisory, Corporate Finance Advisory, Business Restructuring and Strategy Advisory Company, with 15 offices spread across the globe, covering 4 continents. He is based out of Dubai and Head the Global Tax Consulting, Corporate Finance and Management Consulting Practice of the Company, which handles VAT Advisory, GST Advisory, Excise Tax Advisory, ESR Advisory, CBCR Advisory, International Tax Structuring, Business Valuations, Mergers & Acquisitions, IFRS Advisory, Assistance in Sale and Purchase of Real Estate & Hospitality Assets, Private Equity, Corporate Finance, Investment Analysis, Investment Management, Strategy Consulting ,Feasibility Studies, Due Diligence and Business Consulting assignments. He is a high calibre Tax Advisory and Corporate Finance Advisory with more than 20 years experience in the areas of VAT advisory, Excise Tax advisory, ESR advisory, CBCR advisory. BEPS advisory, GST advisory, International Taxation advisory, business valuations, due diligences, business restructuring, corporate finance advisory, investment analysis, investment management, private equity advisory, strategy consulting and business consulting. He is highly qualified professional who has completed three professional qualifications of CFA, CA & CS from CFA Institute (USA), Institute of Chartered Accountants of India (India) and Institute of Company Secretaries of India (India) respectively and B.Com (Hons) from Panjab University (India).He has worked with some of the top notch consulting firms like Ernst & Young in UAEi for around 8 years (where he was the Director of its Transaction Advisory Services Practice for MENA region) Price Waterhouse Coopers (PwC) in India (where he was a VAT Specialist, having advised the Governments as well as some large Private Sector Companies across the industry sectors on VAT Impact Assessment and Implementation) and Crowe in UAE (where he was the Partner for Tax Advisory Services). He has also worked with some of the large multinational companies and Government Organizations across Middle East and India such as ‘The Office of His Highness Crown Prince of Dubai’, ‘Damac Holdings’ and ‘Crompton Greaves Ltd’ over the span of his 20+years of professional career, prior to taking over the role of Managing Director of MaxGrowth Consulting .In his role as Managing Director of MaxGrowth Consulting, he has achieved the distinction of having been chosen as ‘Global Finance Director of the Year-Middle East & Africa Region’ and leading MaxGrowth Consulting to be chosen as ‘Best Multinational Financial Services Consultancy-Middle East & Africa Region’ in 2018 Global CFO Awards, organized by Acquisition International.

His Core areas of expertise include handling VAT advisory, Excise Tax advisory, ESR advisory, CBCR advisory, International Tax Structuring advisory, business valuations, business and financial restructuring, financial and commercial due diligence, financial modelling, business consulting, management consulting, strategic advisory, corporate finance advisory, mergers & acquisitions, assistance in sale and purchase of real estate & hospitality assets, real estate & hospitality assets valuations, private equity advisory, investment analysis, investment research, portfolio management, assistance in joint venture, partnership & franchising arrangements, assistance in equity divestment in existing businesses, new business set up, market research, commercial and financial feasibility studies, market entry and growth guidance etc.

He is a member of Indirect Tax Committee of ICAI in UAE responsible for Training the Trainers, delivering training to Chartered Accountants as well as Corporates in UAE on all aspects of VAT for ICAI’s certification course for UAE VAT as well as the co-author for ICAI’s Background Study Material Book on UAE VAT. He is a well known ‘Tax Expert’ in UAE and his comments, articles and views on all aspects in relation to Tax Matters are regularly covered in Khaleej Times, Gulf News & The National, the leading English National Daily Newspapers of UAE and well-known Global publications such as S&P Global Market Intelligence (New York, USA) Am also working on a number of projects with leading UAE based organizations such as VAT Academy set up under HCT and CERT, which are UAE Government owned and funded Higher Education and Training Institutes. He is additionally the ‘Tax Knowledge Partner’ for ‘TALLY and ZOHO Accounting Software’ and has delivered a number of Tax Trainings at ‘Tax Awareness Sessions’ organized by ‘TALLY and ZOHO’, for their clients across UAE. He is currently handling engagements for a number of Large Conglomerates based in UAE, Large Multination Companies, Government Entities, Listed Companies, Corporates, Family Offices and SME’s across industry sectors in all Emirates of UAE. He is a recognized Valuation, Accounting, Real Estate, Hospitality & Construction industry Subject Matter Expert in DIFC Arbitration cases. He is also a Business Valuation Expert, who has carried out hundreds of Business Valuations for very large corporates as well as SME sector in UAE, Middle East, Africa, India and other parts of the world and his Business Valuations are well accepted in the industry.


My Contribution

Reduction of penalties leviable for VAT and Excise Non-Compliances
30 May 2021
Reduction of penalties leviable for VAT and Excise Non-Compliances
ESR date and other details released by JAFZA
16 June 2020
ESR date and other details released by JAFZA
Saudi Arabia increases VAT from 5% to 15%
11 May 2020
Saudi Arabia increases VAT from 5% to 15%
DWTC announces ESR Notification Date
09 May 2020
DWTC announces ESR Notification Date
DACC announces ESR Notification Date
09 May 2020
DACC announces ESR Notification Date
ADGM announces ESR notification date
06 May 2020
ADGM announces ESR notification date
ESR Notification Date announced by SAIF and HFZA
04 May 2020
ESR Notification Date announced by SAIF and HFZA
FTA issues a new Public Clarification on "Change in the permitted use of a building"
28 April 2020
FTA issues a new Public Clarification on "Change in the permitted use of a building"
Economic Substance Regulation in The UAE: A Reality Check
18 April 2020
Economic Substance Regulation in The UAE: A Reality Check
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