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Our
Research Accomplishments____________
e-com tax policy must be in line
with global practices by Raja Simhan T.E.
An expert group on taxation of e-commerce
has said that India should not rush to make unilateral changes to
e-commerce taxation under the current rules. for
more ....click
Hinduonline.com
site on October 28, 2002
Nishith Desai Associates has a stellar
reputation locally and internationally for the quality of its advice
and approach to global business. The firm is by some way the leader
in terms of its use of technology and continues to invest both in
IT and research (it operates a research center at Juhu beach near
Mumbai). It has structured offshore funds investing in India, advised
on taxation issues related to e-commerce and has a niche advising
entertainment companies on the taxation of international touring
artistes, including UB40, Michael Jackson and Ricky Martin."
The Asia Pacific Legal 500 (1999/2000
edition)
Mumbai's Nishith Desai Associates
has done extensive research and government policy advisory work
in the new area of e-commerce. The connection between this developing
commercial sector and taxation issues has been a sticking point
in the development of Indian laws to date.
Asia Law Profiles 2001
"In Mumbai, Nishith Desai Associates
stands out as an economic and political think-thank as much as a
law firm. Asia Law Profiles was received by an impressive team of
young lawyers who shone in the absence of Mr. Desai himself. Desai
runs the firm according to his "Gandhi-Handy" philosophy - not a
skit from Spitting Image, but a marriage of the management theories
of Charles Handy with the philosophy of Mahatma Gandhi. Desai's
approach is interdisciplinary, which reveals itself in the makeup
of his personnel - for example, the inclusion of a surgeon on the
biotechnology team. A substantial amount of public policy work is
carried out, and staff are supposed to devote 15 to 20% of their
time to research, which feeds the development of new practice areas."
AsiaLaw Profiles 2002
Mumbai's Nishith Desai Associates
has done extensive research and government policy advisory work
in the new area of e-commerce. The connection between this developing
commercial sector and taxation issues has been a sticking point
in the development of Indian laws to date.
Asia Law Profiles 2001
"Nishith Desai Associates has worked
on acquisitions in the media industry as well as representing major
media conglomerates and artistes. In tune with its research focus,
the firm issued a report entitled Bollywood v. Hollywood: Legal
and Business Practices - a Comparative Analysis in June 2001, which
makes fascinating reading for the uninitiated."
AsiaLaw Profiles 2002
Our
Philosophy____________________
Praised for its "modern, client-driven
style," this is an "exceptionally capable firm," which has enjoyed
a highly successful year. Specializing in cross-border M&A, the
firm has niche experience in the IT sector, to which it adds a respectable
tax department."
Chambers Global: The World's Leading
Lawyers 2001-02
"Among the more progressive voices
is that of Nishith Desai, managing partner of Nishith Desai Associates.
The firm is a Mumbai-based new-generation firm, which has sought
to develop a modern IT practice in recent years. Mr. Desai welcomes
the prospect of liberalization, and the corresponding rise in professional
standards that he believes would follow. 'Quality of service should
drive the legal sector in India', he said. 'We are playing in a
global market now.'"
AsiaLaw Profiles 1999
Our
Practice Areas___________________
"Nishith Desai Associates is building
an excellent name and was awarded Indian Law Firm of the Year at
the most recent International Financial Law Review awards. Nishith
Desai has represented several Wall Street investment banks and multinationals
on setting up operations in India and on cross-border acquisitions.
IFLR 1000 (2002 edition)
"Nishith Desai Associates is recommended
to venture capitalists and financiers investing in India. Several
offshore and mutual funds and private equity funds also instruct
the firm."
The Asia Pacific Legal 500 (2001/2002
edition)
Nishith Desai Associates remains clients'
first choice, and the lawyers' first recommendation, for tax-related
work in Mumbai, with most industry insiders still identifying the
firm as a tax boutique despite its recent successes in the IT, technology
and corporate and commercial sectors.
The Asia Pacific Legal 500 (2000/2001
edition
"This growing field (tax / offshore
fund investment) has also been thoroughly researched and investigated
by Mumbai's Nishith Desai Associates. This firm practices predominantly
in the niche areas of international tax planning and IT issues.
Managing partner Nishith Desai takes a special interest in offshore
fund placement in Mauritius, and claims to have devised the first
structure for investment from the tax haven into India. The firm
also services outbound investment, evinced by their advising the
underwriters in the first American Depository Receipt issues out
of India in March 1999 and the first offshore fund under the new
rules governing foreign institutional investors"
AsiaLaw Profiles 2000
"Nishith Desai of Nishith Desai Associates
runs one of the few firms that specializes in providing legal advice
to media and technology clients....
Business World (Issue dated 10 Jan,
2000)
"One of the most impressive firms
in Mumbai is Nishith Desai Associates. Well-regarded as a highly
focused and forward-thinking tax boutique, the firm has, in the
last few years, begun to branch out into international corporate
and financial services, IT, e-commerce and media law. Although relatively
small, the firm has attracted considerable and favorable attention
from overseas clients and lawyers alike"
The Asia Pacific Legal 500 (1999/2000
edition)
Our
Palo Alto Office__________________
"Nishith Desai Associates has a strong
international capital markets and securities practice. The firm
comprises 20 lawyers and, in November 2000, became the first firm
to open an office in America's Silicon Valley. The office will enable
the firm to access US companies looking to invest in India and will
assist Indian clients that want to establish a US presence."
IFLR 1000 (2002 edition)
Best known for its tax-related work,
Nishith Desai Associates also maintains a large, exclusive, technology
and internet-related client base, drawn mainly from the large non-resident
Indian business population, and gained through name partner Nishith
Desai's strong Silicon Valley connections. The firm is highly recommended
for all cross-border transactions in the technology, media and entertainment
industries. The firm has several qualified engineers now working
as lawyers, with in-depth market knowledge.
The Asia Pacific Legal 500 (2000/2001
edition)
"Nishith Desai Associates is well
known for its tax law advice, and its reputation in the TMT sector.
The firm is recommended for cross-border transactional advice and
also to non-resident Indians. In 2001, it became the first Indian
law firm to open an office in California's Silicon Valley, indicative
of its unrivalled international focus."
The Asia Pacific Legal 500 (2001/2002
edition)
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