Taxation and Foreign Investments Legal Services

Ajumogobia & Okeke has a dedicated team of specialized lawyers involved in all aspects of the tax regime in Nigeria. The team provides dynamic professional advice that takes into consideration the business needs of different jurisdictions. The caliber of our practice team has resulted in a strong domestic tax experience. Tax representation is an important feature of our advice to clients in commercial transactions. As a result we routinely guide our clients through tax benefits in corporate alliances and outright mergers, in financial arrangements and in the restructuring of local labour.

The practice has been involved in capital market flotation and project financing. Other areas of expertise include foreign and international participation in Nigerian enterprises involving tax exemptions and the granting of pioneer status as well as employment and pensions regulations in Nigeria. In the event of contentious disputes with tax authorities a skilful litigation team will pursue protests, petitions and appeals to the tax commissioners and through to the Federal courts.

The process of setting up or acquiring new business interests in Nigeria demands a clear overview of foreign participation regulations and targeted advice on corporate structure to maximize investment objectives. The firm is a leading advisor in the privatization process and is well positioned to offer credible assistance to interested parties in the on-going privatization of enterprises in Nigeria. Ajumogobia & Okeke acted as legal adviser in the first privatization of a public enterprise in Nigeria and was solicitor to the issue in the Initial Public Offer (IPO). Ajumogobia & Okeke was privileged to be represented on the committee to review Tax legislation in Nigeria.