Kenna Partners provides bespoke legal representation and advisory services to companies and businesses operating in Nigeria. Our tax practice caters to both Nigerian and foreign businesses with business interests in the Nigerian market. Armed with a keen sense of commercial awareness, we provide tax advisory and tax litigation services to our clients in a way that will be favourable to our Client’s businesses. We help our clients comply with the relevant tax legislation that affects their businesses while advising them on how to effectively plan and structure their businesses to be able to both; comply with the tax laws as well as provide tax planning advisory services.
Our tax advisory services also cover various sectors and business transactions, such as; Mergers and Acquisitions, Private Equity, Intellectual Property and Technology, Banking and Finance, Oil and Gas, Maritime and Aviation, etc. Members of our tax practice group have delivered tax lectures and written tax papers/articles on various complex issues relating to taxation in Nigeria.
The Firm’s tax practice affords Clients advisory services on various tax legislation in Nigeria with a view to helping manage Clients’ tax liabilities without running afoul of the extant legislation. Below are some of the specific tax advisory services we offer to our Clients:
Under our tax practice, we bring our wealth of practice/sectorial experience to help our clients structure their businesses in order to substantially manage their tax liability under Nigerian law. We are able to do this through advising our Clients to take advantage of the numerous tax incentives and sectorial benefits provided by the Federal Government.
This includes the provision of legal, regulatory and start-up advisory with respect to tax. We provide detailed tax advisory services to clients with respect to planning and structuring their businesses in ways that protect their best interest and still complies with the provisions of the law.
We also advise start-ups, merged and acquired companies on their respective tax liabilities and provide expert advice to companies on litigious matters involving their tax liability. With respect to regulatory tax advisory, we advise companies and start-ups in various sectors on the implications of their sectorial regulations on their tax liability. Other aspects of our tax advisory include advice to clients on their corporate tax liability and their withholding tax liability on certain transactions.
The Firm prides itself in running a top-notch tax dispute resolution practice. The Firm has represented one of the world’s largest telecommunication companies in resolving a high profile tax dispute with an accumulated claim of over N100,000,000,000 (Two-hundred billion naira) and $1,000,000,000 (One Billion United States Dollars). Recently, the Firm also successfully litigated on behalf of an educational institution, a dispute bordering the taxation of non-governmental institutions; a decision which was nationally reckoned as being a landmark judgement.