Anjarwalla & Khanna (A&K) is one of the leading corporate law firms in Kenya and is the largest full-service corporate law firm in East Africa with close to 100 lawyers. It is bolstered by the firm’s pan-African reach through ALN, a leading alliance of top-tier independent firms in sixteen counties across Africa. A&K has offices in both Nairobi and Mombasa, Kenya’s two main commercial centres, providing a broad range of legal services in both. In addition, A&K has established a legal consultancy firm in Dubai, Anjarwalla Collins & Haidermota (AC&H), which provides corporate and commercial legal services out of the Middle East.
A&K has won the “African Law Firm of the Year – Large Practice” four times in the last six years, awarded by the prestigious African Legal Awards, which celebrate “excellence, achievement and innovation in the legal profession”. A&K is also proud to have won the “African Law Firm of the Year – M&A Team of the Year Award” in 2018.
Legal Alert | Finance Act 2018: The Impact of Changes to Tax Planning
The National Assembly passed the Finance Bill, 2018 on 30 August 2018 and presented it to the President for assent on 13 September 2018. Under Article 115 of the Constitution of Kenya, the President instead issued his reservations in a Memorandum and the National Assembly had a special sitting on 20 September 2018 to debate and vote on the reservations.
In the interim, in a case filed by a public interest activist, the High Court has ruled that the provisions of the Bill cannot be implemented before being passed by the National Assembly and assented to by the president.
The case had been instituted following the imposition of the new taxes proposed in the Bill, instigated primarily by VAT on petroleum products. The imposition of tax was effected through the Provisional Collection of Taxes and Duties Order, 2018 issued by the Cabinet Secretary for National Treasury and Planning under the provisions of the Provisional Collection of Taxes and Duties Act (the PCTDA). The High Court in its ruling on 19 September 2018 declared the PCTDA and the Order unconstitutional. All provisions of the Bill, including those of taxation, were in effect barred from implementation before the Bill became an Act of Parliament.
Following the recent Presidential assent of the Bill on 21 September 2018, we highlight the changes which have been introduced by the Finance Act, 2018, particularly those that had earlier not been proposed in the Bill.
Dependable, Driven, Determined – Meet Kenya’s 3D 24/7 attorney
Sonal Sejpal, one of the founding partners of Anjarwalla & Khanna in Nairobi, speaks to Africa Legal’s Tania Broughton. Read the full interview here
We are delighted to announce A&K’s Band 1 ranking by Chambers’ High Net Worth 2018 under the Private Wealth Law – Kenya category. Particularly, interviewed clients are impressed with the firm’s knowledge and expertise in advising HNW clients on national and international wealth planning, with one client saying, “The firm has demonstrated its thoroughness in the execution of its mandate and the quality of work.”
A&K Partner Mona Doshi, described by a client as “very responsive, very knowledgeable” and Partner Daniel Ngumy, described as “a brilliant lawyer… able to drill down to the practical and valuable solutions” are both highly ranked practitioners under the category.
Dubai-based A&K Senior Partner and AC&H Managing Partner Atiq Anjarwalla is ranked under the Private Wealth Law (Expertise Based Abroad) – Kenya category, with a client remarking of his “good understanding of clients’ personal situations and finding appropriate solutions” given his expertise in advising High Net Worth Kenyan clients and their families on succession planning, asset protection and tax planning.
Click here to read the full details on the 2018 Private Wealth Law rankings.
A&K’s Leading Women Series Celebrates Exemplary Women in Kenya
A&K recently hosted the second edition of the Leading Women Series at the Capital Club, Nairobi. We had the honour of hosting the Hon. Lady Justice Joyce Aluoch (Rtd), immediate past First Vice-President of the International Criminal Court at The Hague, as our guest speaker for the evening, where she shared her professional and personal journey. She was joined by more than 70 leading women from Kenya.
A&K’s Leading Women Series is a focused platform that presents an opportunity to explore and appreciate the importance of women in leadership, their achievements and their positive impact on our workplaces, communities and the country.
A&K is delighted to have received the “M&A Team of the Year” award at the African Legal Awards 2018, during an award ceremony held on 7 September 2018 at The Wanderers Club, Johannesburg, from a shortlist of seven other finalists.
The awards are judged by an independent panel comprised of senior and innovative individuals in the legal world. Entries are judged on strictly enforced criteria, creating a level playing field for all submissions. To win this award, one needs to demonstrate the setting of new standards in the delivery of legal services and a market-leading position.
A&K celebrates this great achievement as an affirmation of our commitment towards service excellence across the continent. We continue to leverage our reach, connectivity, global outlook and on-the-ground knowledge to support our clients seamlessly on the continent.