Sivakumar Saravan
Director of Corporate Services
Prior to joining the Firm, Siva had 13 years of experience in tax compliance and tax consultancy work for individuals as well as local corporations, multinationals and financial institutions. He was an active member of the Financial Services Industry team in the Singapore office of legacy Arthur Andersen.
The industries that he has extensive experience in tax consultancy work include banking, fund management, financial services, manufacturing, trading, healthcare, e-commerce and high technology related industry. He is familiar with transfer pricing issues associated with global trading and other related party transactions.
Highlights of Siva's experience include the following:
- Planning optimal cross-border tax structures for financial products and services taking into account withholding tax issues, tax treaty benefits, etc. including developing tax matrices
- Advised clients on tax implications of cross-border management fee charges in the various countries in the region including China, India, Indonesia, Philippines, Malaysia and Thailand
- Planned appropriate holding company structures for multinational companies based in Singapore for their outbound investments into Europe and the Asia Pacific region
- Advised several funds and fund managers on the structuring of investment funds and fund management activities in Singapore
- Assisted multi-national as well as local companies in obtaining tax incentives such as Operational Headquarters, Pioneer Status, Approved International Trader, etc
- Assisted in the structuring of acquisitions of banks and other companies.
Some of Siva's major clients in the past included:
- Standard Chartered Bank
- Maybank
- Venture Corporation
- EDB Investments Pte Ltd
- ABN AMRO
- SPRING Singapore
- Sara Lee Corporation
- Singapore National Eye Centre
- India International Insurance
- Den Norske Bank
- Levi Strauss
- S.C. Johnson & Son
Qualifications:
- Degree in Bachelor of Accountancy (Hons), Nanyang Technological University
- Non-Practicing Member of The Institute of Certified Public Accountants of Singapore
- Associate Wealth Planner
- Member of the Singapore Institute of Arbitrators
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