A combination of strong leadership and in-depth multidisciplinary expertise has led to ABMAK Associates being recognised as the leading specialised energy & natural resources practice in Uganda.
The section below highlights some of our footprints in key areas.
- All Practice Areas
- Corporate and Finance
- Domestic Tax Advisory
- International Tax Advisory
- Mineral Law and Policy Advisory
- Mining and Metals
- Oil and Gas
- Power and Electricity
- Tax
- Tax and Revenue
- Tax Computations and Tax Audit Defence
- Tax Dispute Resolution and Litigation
- Tax Expert Witness and Advisor
- Tax Litigation
- Tax Policy Advisory
- Transfer Pricing
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March 2016ABMAK is the legal counsel to the private sector developer of the US$ 620 million phosphate and iron ore project in Sukulu, Eastern Uganda. The ABMAK team drafted and negotiated the Mineral Development Agreement between the developer and the Government of Uganda, compensation and resettlement of project affected persons, project structuring and provide day to day legal advisory services to the developer.
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February 2016ABMAK is a legal advisor to some of the major oil and gas operators currently licensed to conduct oil and gas operations in Uganda, and major multi national service providers. The services provided include regulatory compliance and routine legal advisory services to support client operations.
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February 2016ABMAK represents the claimant in a capital gains tax dispute against the Government of Uganda. This is the largest tax dispute ever to be filed in Uganda, involving a sum of US$ 434 million.
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February 2016The ABMAK tax team led the tax negotiations on behalf of the Russian led consortium during the negotiations of a fiscal package for the development of a US$ 4 billion Refinery in Uganda.
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February 2016The ABMAK tax team led the tax negotiations on behalf of a consortium comprised of a private sector developer, and lenders on the development of the US$ 620 million polymetallic mineral project in Uganda.
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December 2015ABMAK advised the private sector developer on the financing of the development of the phosphate and iron ore project in Sukulu, Eastern Uganda by the Industrial and Commercial Bank of China. The ABMAK team provided legal advisory services, structuring and due diligence.
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December 2015ABMAK has advised a private sector developer in structuring the financing arrangements for the development of hydropower projects in Uganda totalling over 83 Megawatts.
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December 2015ABMAK acted as legal advisors to a non-deposit taking micro finance institution in connection with the private offer of a UGX 20 billion Commercial Notes Program to qualified investors.
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November 2015The ABMAK tax team led the tax negotiations on behalf of a consortium comprised of a private company, a China-based company, China Africa Development Fund (CAD Fund) and China Development Bank on their development of a US$ 620 million polymetallic mineral project in Uganda.
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May 2015ABMAK has advised in the acquisition of Bugoye Hydro Power Plant owned and operated by Bugoye Hydro Limited (formerly Tronder Power Limited)
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February 2015ABMAK successfully represented a consortium of architects and engineers to challenge a multitude of VAT assessments by the Uganda Revenue Authority in respect of contracts with the Government of Uganda. The amounts involved Uganda Shillings 24 billion. The VAT assessments were vacated.
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February 2015ABMAK advised an HR outsourcing company on a dispute concerning the tax treatment of its HR Management Fees. Amounts involved are in billions of Uganda Shillings.
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February 2015ABMAK is the legal counsel to the Russian led consortium to develop a USD 4Bn refinery project in Uganda. The ABMAK team advised on all aspects of procurement, negotiation and contract documentation for the project implementation.
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November 2014ABMAK provided legal and tax advice to an international telecom operator during the acquisition and takeover of the business and operations of one of the major telecommunications company in Uganda. The ABMAK team provided strategic advisory services, pre and post take over due diligence and legal advisory services.
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September 2014ABMAK advised, a Norwegian-owned Independent power producer (IPP) company, on transfer pricing, tax treatment of carbon credit income and the effective utilization of tax clauses and stabilization terms in its Power Purchase Agreement (PPA) negotiations with the Government of Uganda.
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June 2014ABMAK successfully represented an Oil & Gas and Mining Logistics service provider, in its dispute with the Uganda Revenue Authority regarding transfer pricing of intercompany transactions. The tax assessment was for a sum of US$ 2 million. This was successfully vacated.
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May 2014ABMAK successfully advised one of the leading independent telecom tower companies in Uganda on its stamp duty contest against the Uganda Revenue Authority. The entire assessment of US$ 1 million was successfully vacated.
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August 2013One of the partners at ABMAK appeared as an expert witness on Ugandan tax law in the matter involving Tullow Uganda Limited and Heritage Oil & Gas Limited and Heritage Oil Plc before the London Commercial Court.
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August 2013ABMAK acted as legal advisor to Richmond Capital and Jonah Capital on providing a bridge loan to finance the operations on a major mining asset in Uganda. The debt servicing structured on the basis of the stream of income arising out of mining operations. ABMAK advised on the legal title, drafting project financial documents and securitization.
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June 2013ABMAK successfully represented a consortium of dealers and distributors in the telecoms sector to challenge VAT assessments (in billions of Uganda Shillings) by the Uganda Revenue Authority in respect of the treatment of the airtime distribution service. The assessments were vacated.
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May 2013ABMAK partners trained the Uganda Revenue Authority on the taxation of cross-border transactions, DTAs and the taxation of e-commerce transactions.
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May 2013ABMAK partners trained the Ministry of Finance of the Government of Uganda on the technical aspects of Double Taxation Agreements.
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June 2012ABMAK partners trained members of the Tax Appeals Tribunal of Uganda (a tax court) on the technical aspects of transfer pricing, double taxation agreements and tax avoidance.
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January 2011ABMAK partners advised the World Bank on the creation of the Somaliland Revenue Authority and drafting of relevant tax legislation for the Government of Somaliland.
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July 2010One of the partners at ABMAK successfully advised a Forbes-rated high net-worth individual (before the Court of Appeal and Supreme Court of Uganda) in the largest tax litigation ever to be filed by a Ugandan entrepreneur. The matter involved US$ 14 million.
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June 2010ABMAK partners advised the African Development Bank on a project for the Institutional Development of Liberia, which led to the creation of the Liberian Revenue Authority (LRA).