Parsippany, NJ, October 18, 2022 — Nationally ranked accounting, tax and business advisory leader, Sax LLP, is proud to announce the opening of its first international office, a 12,500 square-foot space centrally located in Mumbai, India. The new office, slated to open in Q4 2022, continues the firm’s expansion initiative, which has seen Sax grow to four offices and 237 employees in the past 10 years.
“We are excited to expand the operations of Sax LLP internationally with the addition of our Global Shared Services team in Mumbai, India,” said Joseph A. Damiano, Sax CEO & Managing Partner. “Mumbai is the financial capital of India, with a rich talent pool of highly qualified accounting and tax professionals. We look forward to building an extension of our talented team globally to assist in providing clients with the best possible services and expertise.”
Sudeep Sachindranath, who has been named as Sax India LLP’s Country Head and has two decades of experience in the tax and accounting field, will lead the Sax India office. “I am delighted to be a part of Sax’s global transition. With the support of Sax leadership, I look forward to overseeing the office launch, managing its operations, and developing a team in a way that drives high quality results and success,” said Sudeep.
In addition to Sachindranath, the current Sax India team is comprised of Anuj Dave, Head of HR, and Rakesh Parmar, Senior Tax Manager. Sax is actively initiating searches to hire 50 more professionals by the end of 2022.
“Sax has grown exponentially within the last decade, which is a testament to the skill and proficiency of our team members,” said Shivani Jain, Head of Sax’s Tax Practice. “Mumbai has a significant pool of adept professionals with U.S. accounting, audit, and tax expertise. Opening our first office outside the United States provides significant growth opportunities for our firm as we look to expand our footprint internationally. It has been an absolute thrill for me to be a part of the firm’s entrance into India, and the global community overall.”
The new office location is Oberoi Commerz 1, Goregaon in Mumbai. In addition to establishing an international base, Sax recently expanded its domestic presence with the acquisition of New York City-based David Weiss CPA, PLLC.
About Sax LLP
Sax LLP is a 46-partner led, Top 100 accounting, tax and advisory firm serving the needs of privately held companies, family-owned businesses, not-for-profit organizations, and high-net-worth individuals. With offices in Parsippany, NJ, Pennington, NJ, New York City, NY and now Mumbai, India, Sax has specialized expertise that benefits clients in our largest vertical markets. Sax provides added value to clients through advisory services that include but are not limited to Cybersecurity and Managed IT, Investment Banking, Transaction Advisory, HR Consulting, Valuation, Forensic & Litigation and Wealth Management. Sax has been nationally ranked and listed among the Top Accounting Firms by NJBIZ, INSIDE Public Accounting (IPA), Accounting Today and Forbes. For more information, please visit www.saxllp.com.