Our tax team advises both local and foreign clients on diverse tax issues relating to our niche areas of specialization, including banking and finance, telecommunications, oil and gas, mergers and acquisitions, private equity, insolvency, energy and natural resources (power and oil and gas), shipping and maritime, aviation, insurance, project finance and corporate restructuring and re-organisation.
We offer practical and robust tax advisory, structuring and planning services to our local and foreign clients, with a view to helping them identify tax risks and reduce their tax exposure and liability within the purview of applicable Nigerian laws. The team has advised and continues to advise clients on the withholding of tax, personal income tax, corporate tax, value added tax, petroleum profit tax, tertiary education tax, stamp duties, regulatory compliance, private and venture capital funds’ establishment, investments, corporate and employee tax structuring and restructuring, and transactions across all sectors of the Nigerian economy.
The firm’s experience on taxation and tax related matters, is extensive and diverse. Its expertise in tax planning and structuring transactions for tax efficiency and efficacy is brought to bear in corporate and commercial transactions, direct foreign and portfolio investments, mergers and acquisitions, banking and finance, tax efficient compensation packages, joint venture arrangements, the establishment of employee benefit schemes, energy, oil and gas and project finance deals, and private equity fund establishment and investments, among other areas. We also provide a full range of tax litigation, arbitration and dispute resolution support through our LAD department to complement our corporate advisory services in this area of specialisation.
The team relies on its extensive knowledge of financial, commercial and tax laws, complemented by its cordial professional relationship with the various tax authorities and industry players in delivering practicable advice and robust and services to our clients.
It strives to adopt a practical and commercial approach to solving our clients’ tax related problems in all our areas of practice. We hold the view that every transaction has its own tax implications and, therefore, deploy a member of our tax team to conduct a critical review of transactions that we handle where required with a view to identifying and considering any tax implications and risks that may arise, and to identify possible ways to mitigate such risks.
Member of the UUBO’s tax team have written extensively on various tax related issues.