31st October 2022
Global presence, and membership of the Forum of Firms, are just two of the reasons our newest member firm, Alok K. Saksena & Partners Accounting & Auditing of Qatar, chose to join MGI Worldwide accounting network.
Alok K. Saksena & Partners Accounting & Auditing (AKSAA) was established in Qatar in 2010 to provide auditing and assurance, taxation, company law and company formation, due diligence, and advisory services. The firm believes in commitment and integrity in delivering the highest professional standards and quality services on time.
About the firm
AKSAA works primarily with subsidiaries of international companies operating out of Qatar – a large number are from Europe, particularly the UK and the Netherlands. The firm offers a wide-range of industry-focused solutions, with present audit sectors including construction, real estate, catering, trading, hotels, e-commerce, security guarding services, information technology, petroleum, manufacturing, travel agents and banks.
What makes AKSAA different?
Managing & Licensed Partner, Alok Saksena, has been a practicing Chartered Accountant in India since 1984. He was part-time lecturer at various College for several years in India where he contributed over 50 articles to various journals and newspapers on the topics of Company Law and Income tax. He regularly participates in programmes hosted by the Indian Institute of Chartered Accountants and has been a speaker on a range of topics, giving more than 120 seminars on several forums. He has been practicing in Qatar for more than 10 years now with his vast experience in the field of Assurance and International Taxation.
Alok is considered an Expert in the field of Company Law, FEMA and Income Tax and appears regularly before the Company Law Board. He has handled many dispute resolution cases and is actively involved in Foreign Direct Investment. He is also actively involved in the formation of overseas companies and the handling of cross border taxation issues.
What motivated AKSAA to join MGI Worldwide?
Qatar has several very large energy sector companies which, in order to operate, need their ICV (Inter-Country Value) certification. AKSAA is one of few firms certified to provide this. The firm is tax-led and wants to break into the Big10 market. To compete for certain international jobs, the firm needs the international accreditation of the Forum of Firms, which was a big incentive for them to join the MGI Worldwide network.
Naresh Dasari, Partner at the firm explains:
“We choose to join MGI because of its worldwide presence and its membership of IFAC Forum of Firms. This will support us to get our firm registered with Qatar Financial Centre (QFC). Joining MGI Worldwide fulfils our long years waiting of approval from QFC.”
Since joining, AKSAA has already experienced the benefits of membership, with collaborations forming between the firm and Vizyon in Turkey, and with MGI Salim Rajkotwala & Associates in Dubai.
Located in Western Asia, Qatar boasts the fourth highest GDP, per capita, in the world and the third highest Human Development Index (HDI) in the Arab world. This high-income economy is backed by the third largest natural gas and oil reserves in the world, with Qatar being the third highest exporter of liquified natural gas, and the largest emitter of carbon dioxide per capita in the world.
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You can find out more about Alok K. Saksena & Partners Accounting & Auditing on the firm website or member profile page.
MGI Worldwide with CPAAI, is a top 20 ranked global accounting network and association with almost 9,000 professionals, accountants and tax experts in some 400 locations in over 100 countries around the world.