Shaikh Khalid lauds Dhruva’s efforts

Manama : His Highness Shaikh Khalid bin Hamad Al-Khalifa, First Deputy President of the Supreme Council for Youth and Sports, President of Bahrain Athletics Association, Honourary President of Bahrain Mixed Martial Arts Association, met boutique tax firm and VAT expert Dhruva Tax Advisors and appreciated the company’s efforts following its expansion to Bahrain. 

His Highness welcomed the award-winning firm to the country and commented on the excellent relations shared between Bahrain and India in various fields. He discussed on how to support the Brave Championship’s initiative in mixed martial arts promotion in the region and worldwide. 

“The initiatives of His Highness especially the Brave Fight is very significant,” said Dhruva Tax Advisors CEO Dinesh Kanabar adding that Bahrain has become a gateway to the Gulf in many areas including sports and financial technology.

Dinesh Kanabar said Bahrain’s tax reforms would only hasten the country’s economic growth.

Dhruva Tax Advisors has significant experience working with businesses in the UAE and Saudi Arabia and also function from Singapore, Dubai, New York, India and the Silicon Valley. “We hope to replicate our success in Bahrain,” Dinesh Kanabar said. He offered to work closely with the government in the smooth implementation of VAT in the country.

Dhruva Tax Advisors, named ‘India Tax Firm of the Year 2017 at International Tax Review’s Asia Tax Awards, is in partnership with KHK Holding and McIndies Holding Company. “Dhruva plays a dual role by educating and preparing businesses to undergo VAT transition smoothly,” said McIndies Holding Company Chairman Unnikrishnan Puravangara. 

With around 250 specialists, Dhruva Tax Advisors has worked with multinational clients and regulators on policy issues and tax advocacy matters. The key industries that Dhruva advises include financial services, IT and IT-enabled services, real estate and infrastructure, telecommunications, oil and gas, pharmaceuticals, chemicals, consumer goods, power, as well as media and entertainment.

“Our job is to help our clients come to grips with tax issues and help restructure businesses to be compliant and effective from a VAT perspective,” said Dhruva Tax Advisors CEO Dinesh Kanabar.

McIndies Holding Company Chairman Unnikrishnan Puravangara lauded His Highness Shaikh Khalid’s support to the youth of Bahrain in different fields, especially sports. KHK Holding CEO Muhammed Shahid, Dhruva Tax Advisors partners Punit Shah,Gaurav Khurana and McIndies CEO Abdul Jaleel Abdulla were also present at the meeting.