Aelexis a full service law firm and one of the largest law firms in West Africa with its head office in Lagos, Nigeria and other offices in Port Harcourt and Abuja in Nigeria. It has 10 partners, one international counsel and over 60 lawyers operating from its various offices. Lawyers in the firm are admitted to practice in several jurisdictions including Nigeria, New York, Ghana, England and Wales.
Recent examples of its work saw it acting for a client that retained the firm to appeal a judgment of the Tax Appeal Tribunal (TAT), which upheld the tax liability of approximately NGN1.6 billion imposed on the it by the FIRS, at the Federal High Court.
Established in 2017, the international tax firm is highly recommended for its expertise in tax advisory. The practice is separated into five focus areas: tax advisory, TP, commercial practice, private clients and family wealth and the oil, gas and power unit. It provides full tax legal support, and both contentious and non-contentious advice. The firm is part of one of the biggest tax networks spanning across 146 locations within 18 countries and has two offices in Nigeria, in Lagos and Abuja. The Nigerian tax team is led by Olaleye Adebiyi, managing partner, and is supported by four tax partners and three directors.
Details of the firm’s work and clients remains confidential.
Pebado actively seeks out the most skilled practitioners for the firm. The team provides Transfer pricing, corporate tax, tax restructuring, tax planning and business structuring.
During the research period the team worked on a variety of complex and innovative matters. All clients remain confidential.
Taxaide is recommended for its services in tax and transfer pricing. The firm has offices in Lagos State, Abuja and Ondo State, and is a member of Antea, an alliance of independent firms. Bidemi Olumide is the CEO and the partner leading the transfer pricing practice. Olumide specialises in country-by-country reporting, MAPs, free-trade zones, customs and excise duties, income taxes and payroll taxes.
Over the last 12 months, Taxaide advised Ess-Ay Holdings in a dispute assess EHL to Value Added Tax (VAT) on rental income that EHL received from EHL’s tenants. The team utilized an innovative approach. Other clients included Pay As You Earn, Herbal Options Limited VS FIRS and Renmoney Microfinance Bank Limited.
The firm hired senior associates Ayodeji Mustapha from Milton Nelson & Associate and Emenike Ugwuanyi from Mazars Consulting.