Jaap Zwaan

Managing Director
27+ years of international tax experience
Specializes in M&A and tax structuring
Significant experience in buy- and sell-side deal structuring, tax due diligence, and related transactional tax work in Indonesia
Jakarta
@alvarezmarsal
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Jaap Zwaan is a Managing Director with Alvarez & Marsal Tax in Jakarta. He leads the Indonesian Tax practice, specializing in international and M&A tax. His primary areas of concentration are tax structuring, transactional tax advice, tax due diligence, and related transactional work.

With more than 27 years of international tax experience, Mr. Zwaan primarily advises on deal structuring and conducts buy- and sell-side tax due diligence. He has worked on a vast number of deals in Indonesia across various sectors.

Mr. Zwaan’s notable assignments include advising an investor consortium on the setup of a toll road investment platform and the acquisition of various Indonesian toll road companies and assets. The platform is targeting up to $2.75 billion of investment opportunities in Indonesia’s toll road network.

Mr. Zwaan has also advised sovereign wealth funds, pension funds, and private equity funds with respect to transactions across a wide range of sectors, including automotive, e-commerce, renewables, fintech, healthcare, infrastructure, life science, manufacturing, multi-finance, pharmaceutical, real estate, technology, media, and telecommunications, and transportation and logistics. In addition to his international tax and M&A tax work, he provides strategic advice to clients regarding tax audits and tax disputes.

Prior to joining A&M, Mr. Zwaan was a Partner at KPMG Indonesia for over nine years, leading the International Tax and M&A Tax practices. In this capacity, he was involved in many cross-border and domestic M&A transactions. Before that, he spent almost 18 years with the law firm Loyens & Loeff, working from its Amsterdam, Geneva, and Zürich offices.

Mr. Zwaan earned a master’s degree in tax law from Universiteit Leiden. He regularly speaks at tax conferences, is a Bloomberg Tax author, and teaches at the Tax Academy of Singapore.

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Alvarez & Marsal Tax, (A&M Tax), an affiliate of leading global professional services firm Alvarez & Marsal (A&M), today announced the launch of its Indonesia tax practice, further strengthening its presence in Asia.
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