by dbusiness

Lead Expert

Mukunda Dev Adhikari

Mukunda Dev Adhikari

Dev is an ICAEW Chartered Accountant and fellow member of ICAN (Nepal). He is also an International Tax graduate from Chartered Institute of Taxation, UK and has professional work experience of over 20 years, in Nepal and New Zealand, including leading Baker Tilly practice in Nepal.

Dev was born in a small town in the Eastern border of Nepal and grew up amidst financial hardships, without land and home of their own and sharing a single rented room with parents during school days. A gentleman, medical doctor by profession, encouraged him to move to Kathmandu to study Chartered Accountancy, and provided him with a place to stay and necessary logistics. With this support, Dev qualified as Chartered Accountant from Nepal in 3.5 years, at a time when there were less than 300 Chartered Accountants in the country and after qualification decided to stay in public practice.

Without any political affiliations or business links in Kathmandu, he was able to expand his professional network and build trust-based relationship with clients on basis of his integrity, professional expertise, and quality in his work. In 2009, Dev successfully uplifted the quality standard of the practice to become member of Baker Tilly International, the only top ten global accounting firm to have official presence in Nepal at that time. He led the Baker Tilly firm till 2015 as managing partner. His eponymous firm Dev Associates, Chartered Accountants still operates as Baker Tilly audit practice in Nepal.

Dev was the youngest auditor to work as statutory auditor of 20% national level commercial banks of Nepal in between 2009 to 2014. In 2011, under his leadership, Baker Tilly Nepal was selected as service provider for capacity building training to tax officers of Nepal Government, and he served as key trainer to tax officers for the assignment for around 130 days training. He has provided tax advisory services including tax planning and structuring advices to foreign organization doing business in Nepal, negotiated with tax authorities on disputes or advance rulings, provided transfer pricing advisory services for foreign owned corporate served international clients based in Thailand, China, UK, Belgium, Malaysia, India and France. After leaving Baker Tilly Nepal to focus on tax and consulting, he developed Nepal Tax Online, the first and only income tax resource portal in Nepal, delivering critical tax resource to businesses in Nepal.

Dev is also a Postgraduate from AUT University, New Zealand and currently lives in New Zealand with his family. He travels frequently to Nepal, and is passionate about sharing his views and expertise on accounting profession in Nepal, business environment and tax and commercial laws. This membership-based website is his effort to share his professional expertise (with support of an expert team based in Kathmandu) to a wider audience who want to live, work, or invest in Nepal, or advise such businesses.

dbn

Knowledge base that gives insights on tax, legal and business practices in Nepal.

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