WHAT WE DO

Taxation

OMNI has a well-regard tax practice with Elchin Mammadov involved in the complex and cutting-edge Azerbaijani tax matters. We regularly advise on tax planning and structuring matters in connection with corporate, real estate, capital markets, banking and oil and gas transactions. In addition, we represent clients in contentious fiscal matters.

Representative tax matters include:

• advising a French company on tax aspects of a large industrial project;

• advising investment banks on Azerbaijani tax implications of Eurobond issuances by a sovereign and local commercial banks;

• advising a major international hotel chain on its arrangements relating to management of a hotel in Baku;

• advising in connection of tax aspects of repo transactions under GMRA documentation;

• advising a foreign fund on tax structuring of investments into real estate sector;

• advising various sub-contractors in connection with PSA and non-PSA tax regimes (including in connection with operations involving various jurisdictions);

• advising on tax matters in connection with sale of participating interests in PSAs;

• representing foreign companies in tax audits (including negotiations with tax authorities);

• tax litigations;

• participation in double tax treaty negotiations.