The firm provides a wide range of legal and tax services but mainly specializes in Revenue & Taxation Law, Tax planning and business management. The firm also offers Corporate, financial, property and other commerce related consultancies as indicated below.
1. Business and Tax Consultancy Services:
The firm aims at being a one-stop centre for the client for purposes of Business consultancy, Tax planning, Audits, Technical training and dealing with tax bodies namely, Uganda Revenue Authority and Local Government.
More specifically we offer technical advice in the following areas;
· Corporation tax
· Withholding tax
· Tax exemptions
· Income tax; (including pay as you earn (P.A.Y.E) and property tax)
· Value Added Tax (VAT) registration and compliance audits
· Taxation of resident and non-resident persons/companies in Uganda
· Objections to tax assessments
· Tax structures and tax planning
· Tax audits and Filing of tax returns
· Customs and Excise duty
· Finance related services
· Staff training and recruitment
· VAT and Withholding Tax refunds
· Duty drawback
· Technical training in taxation and business management
· Input tax credit apportionments
· Taxation of employment terminal benefits
· Taxation under technical assistance agreements/programs
· Stamp duty
· Representation before the Tax Appeals Tribunal
· Double Taxation agreements and their tax implications
· Research into improved tax administration at local, national and international levels
Corporate and Commercial Services:
The firm also provides corporate and commercial legal services to local and international businesses. The firm drafts documents and negotiates sophisticated commercial transactions including but not limited to;
· Floatation’s and acquisition of companies; mergers and de-mergers; share holder arrangements; corporate finance and statutory corporate compliance and joint ventures
· Liquidation and insolvency
· Licensing
· Local and international trade transactions
· Procurement of goods and services
· Company secretarial work including director’s duties, board matters and filing of board resolutions
· Debt recovery
Banking, Securities and Insurance:
The firm offers legal advice to local and foreign banks and other financial institutions, as well as Investment firms with both local and foreign operations. In this regard, the firm provides legal services relating to;
· Domestic and international syndicated loan agreements
· Negotiation of bank loans and preparing of loan agreements
· Asset securitisation such as debentures, mortgages and other charges
· Setting up and organization of mutual funds management companies
· Debt restructuring and debt recovery services
· Insolvency
· Capital market transactions
· Trade finance and letters of credit
· Guarantees and Performance Bonds
· Insurance and reinsurance contacts and litigation
Intellectual Property:
The firm handles all aspects of intellectual property rights management and enforcement and provides services to a cross-section of international and national corporate clients. The services include;
· Registration of trademarks
· Property rights management and enforcement
· Recognition, exploitation and enforcement of intellectual property rights in Uganda
The firm applies this expertise across a wide range of clients in Manufacturing industry, Retail, Financial services, Utilities, Information technology, and Media and communication Industry.
Land Transactions:
The firm handles land matters for several clients both international and local.
The work includes;
· Registration of leases, transfers, caveats, mortgages, charges, etc
· General property management [leases, rent, mortgages}.
· Conveyancing and other land transactions.
Advocacy, Litigation and Arbitration:
The firm represents the best client’s interests in major civil litigation throughout Uganda and before the Supreme Court, the country’s highest court. In addition to counseling on alternative techniques of dispute resolution, the firm has capacity to litigate a wide range of matters such as real estate issues, corporate disputes and trademark infringements. The firm prepares all necessary pleadings, affidavits, depositions and orders.
Statement of Experience:
The firm has successfully handled various matters for a cross section of clientele in all sectors of the economy locally and internationally. Some of the assignments include:
Corporate Transactions:
1. The Firm has advised a mobile phone operator in Uganda on the tax implications of a $100 million loan facility for the network upgrade from an International Lender.
2. We have advised on Investment Tax Incentives for Meera Investments Ltd on investments in Real estate where the Tax incentives obtained were in the sum of Ushs. 36 Billion (US $ 18 million).
Tax Advisory, Litigation and Refunds:
3. Tax Advisory on Tax Exemptions to the Uganda Communications Commission in the sum of Ushs.4 Billion (about US $ 2 million).
4. Tax Advisory on Tax Refunds for Golden Leaves and Resorts Ltd and Sheraton Kampala Hotel resulting in Ushs. 3.3 Billion (US $1.55 million) refunds for the client.
5. We have done tax advisory services for other clients such as Uganda Development Bank Ltd involving over Ushs. 6 billion (US $ 3 million).
Tax Consulting:
6. Our firm has also advised energy company Eskom on a range of tax matters.
7. Consultancy Services for the Study on Revenue Generation, Revenue Utilization, Revenue Sharing and Mechanisms for Land Sector Fiscal Transfer for the Government of the Republic of Uganda.
8. We have conducted a study on the Reform of Business Levies on behalf of the Ministry of Local Government of the Republic of Uganda.
9. Together with the GTZ, the firm is conducting a project to harmonize East African Tax Laws for East African Community Partner States (Uganda, Kenya, Tanzania, Rwanda & Burundi).
10. The Firm, together with TATA Consulting Services of India is undertaking the Modernization and Computerization of Tax Management Systems in the Uganda Revenue Authority.
11. The firm is also currently undertaking the project for benchmarking and drafting the Internal Revenue Code of Liberia which is set for completion by July 2010.