Afghanistan is an Islamic republic with a population of approximately 32 million making it the 42nd most populous country in the world. The Afghan economy has been growing at about 10% per year in the last decade. This is due to the infusion of over $50 billion in international aid and remittances from Afghan expats, as well as due to improvements made to the transportation system and agricultural production, which is the backbone of the nation's economy. Key industries within the country include agriculture, textiles, mining and manufacturing.
Lex Mundi in Afghanistan
Lex Mundi provides coverage in Afghanistan through the Afghanistan office of RIAA Barker Gillette (“RIAA BG”), Lex Mundi member firm for Pakistan. The firm’s office in Kabul is the largest office of an international law firm in Afghanistan and has been operational since 2010. RIAA BG’s team advises domestic and international clients in both the private and public sectors across a broad spectrum of industries. Its clientele includes some of the most high profile international entities operating in Afghanistan, including major financial institutions, media entities, engineering firms and NGOs.
Representative Experience in Afghanistan:
- Advising the World Bank on Development of PPP Policy of Afghanistan.
- Assisting IFC on the first privately financed IPP in Mazar.
- Assisting IFC on solar-based power project in Kandahar.
- Assisted IFC in a multi-million dollar financing arrangement with a leading telecom service provider in Afghanistan for provision of 3G services.
- Advised IFC on the introduction of a private sector operator to operate, manage and maintain the electrical transmission and distribution network in the southern region of Afghanistan that is presently being maintained by public sector entities.
- Advised Etisalat on corporate and regulatory matters, drafting of agreements, purchase of equipment, preparing due diligence reports for acquisition of telecommunication companies and towers, review of tower site leases, and settlements of tower sites claims.
- Advising the Royal Bank of Scotland in relation to banking laws in Afghanistan.
- Advised international news agency (Associated Press) on income tax withholding obligations in relation to its local and expatriate employees in Afghanistan.
- Acting under retainer for international medical non-government organisation (Médecins Sans Frontiérs), provided extensive advice in relation to the taxation obligations of its international staff, applicability of customs duties and available exemptions, bookkeeping requirements, and redrafting of its health policy.
- Provided legal assistance to Standard Chartered Bank on the transfer of their business to a local bank and in this context advised them on the tax aspects of the transaction.
- Acting for the sponsors of the first gas fueled IPP in Afghanistan
- Advising the Government of Afghanistan in matters relating to energy sector.