This month we bring you a special focus on a continent that boasts the world’s largest free trade area, a diverse economic make-up and increasing political stability. The latest edition of Law Update focuses on Africa, a territory that continues to be an attractive business and investment destination.
Like the rest of the world, Africa is still re-building from the impact of COVID-19, however, there continues to be an optimistic view of the opportunities the continent presents. An example of the appetite for investment into Africa was captured in a report we commissioned, titled Legal Leaders in MENA. Our survey of legal leaders revealed a resounding desire to expand into new territories, with 81% naming Africa as their investment destination of choice.Read the full edition
Al Tamimi & Company, the largest law firm in the MENA region, has been announced as Middle East Tax Law Firm of the Year by renowned global industry publication International Tax Review (ITR) at the 16th annual European Tax Awards.
The European Tax Awards have taken place annually since 2005 and recognise remarkable achievement of tax practices from Europe, Middle East and Africa (EMEA) region over a 12-month period based on various criteria including complexity of work, innovation and impact.
This award follows a band one ranking for Al Tamimi’s tax practice by Chambers Global 2020 – the first ever ranking by Chambers for tax practices at laws firms in the Middle East. Head of Taxation at Al Tamimi, Shiraz Khan said “It is a great achievement to have won this highly prestigious award and be recognised as a leading tax practice in the Middle East. I am very proud of my team who thoroughly deserve this recognition. I would also like to thank all of our clients for their support and for choosing us as their trusted tax advisor and giving us the opportunity solve their complex tax problems in a rapidly changing regional tax landscape.”
Al Tamimi was the first law firm to set up a dedicated regional tax practice, in recognition of Al Tamimi’s clients’ growing tax needs and is led by Shiraz Khan, who has over 18 years of international tax experience. The firm’s tax practice has grown into a full service international tax practice across the entire MENA region that advises on all areas of tax including mergers and acquisitions (tax structuring, due diligence and SPA support), corporate tax, zakat, VAT, withholding tax, customs duties, excise tax and transfer pricing. Al Tamimi’s tax team also specialises in tax litigation and assists governments in developing and drafting tax legislation and shaping tax policy.