Asim Sheikh, Senior Principal in Tax at Ernst & Young.
Asim has over 22 years of Saudi Arabian tax, zakat regulatory and practical experience with Ernst & Young Saudi Arabia. He has been advising telecom companies, banks, real estate companies, large multinational companies, and local groups on Saudi tax and zakat planning and compliance matters.
Asim’s current client portfolio comprises major banks and financial institutions, real estate companies, telecommunication companies, retail, insurance companies, engineering and contracting defence, aviation and shipping, entities engaged in the oil & gas and power generation sectors, manufacturing concerns. In addition, Asim is one of the leading members of a team advising foreign investors, both existing and potential, in structuring all aspects of their Saudi Arabian operations and joint venture arrangements.
Asim is currently involved in tax consulting assignments for major foreign investors, including large investment projects in oil refining, petrochemicals, natural gas, communication and utilities.
Asim has experience of working directly with clients and their investment and legal advisors on new ventures, acquisitions and sales of business, including due diligence, valuation and financial feasibility projects.
Asim has been engaged on a number of assignments of a similar nature, many of which are successfully operating in the Kingdom.