Taxation

ǼLEX is the law firm of choice in Nigeria when it comes to tax and revenue matters. We advise both local and foreign clients on a variety of tax issues in sectors ranging from banking to aviation and oil and gas. Some of our lawyers are members of the Oil, Gas & Solid Minerals faculty of the Chartered Institute of Taxation and the firm has the largest number of Chartered Tax practitioners in Nigeria.

Drawing upon the knowledge and experience of our lawyers and the firm’s large network of contacts within and around the revenue establishment, ǼLEX is able to provide clients with practical high-level tax advice and services on a wide range of issues including corporate taxation, taxation of employment income, value added tax, permanent establishment issues, transfer pricing, and withholding tax. We provide multi-tier support for consortium instructions, bringing our expertise to bear in developing and implementing tax efficient transaction and project structures for the benefit of our clients in such areas as corporate finance, project finance, and oil and gas.

ǼLEX has acted on several occasions as Nigerian tax counsel to several landmark projects.  The firm is currently acting as project counsel to a $6 billion LNG project in which it advises the client on a wide range of Nigerian tax law issues.  The firm frequently advises oil majors on tax liability under Nigerian petroleum tax laws as well as tax-efficient structuring of oil field operations. We have also acted in consortium with several reputable international firms to provide local advisory support on several cross-border transactions including the $1 billion acquisition of a Nigerian mobile telecommunications company.