Practice
Tax Law
The Tax Law practice at Nodia, Urumashvili & Partners provides comprehensive legal and strategic tax advisory services to businesses and individuals. We assist clients in navigating the complexities of tax regulations, ensuring compliance while optimizing tax efficiency. Our expertise spans corporate taxation, international tax structuring, indirect taxes, and dispute resolution, helping clients minimize tax risks and liabilities.
What We Do:
Day-to-day advice: Advising clients on all types of taxes, double taxation matters and any taxation issues involved in the day-to-day activities.
Tax Planning and Optimization: Advising clients on tax-efficient local and cross-border structures.
M&A and Restructuring: Advising on tax aspects of complex M&A and restructuring transactions and assisting in necessary communication with tax authorities during the process.
Advance Tax Rulings: Obtaining advance tax rulings from the Revenue Service of Georgia on behalf of the clients.
International Taxation: Advising on double taxation matters and cross-border structures.
Due-Diligence. Conducting tax due-diligence.
Special Tax Regimes: Advising on special tax regimes available under the Georgian tax code and providing necessary assistance.
Free Industrial Zones: Assistance in establishing a free industrial zone on the territory of Georgia, as well as advising on the special taxation rules applicable to the companies established in the free industrial zone.
Customs Procedures: Advising clients on the issues relating to import and export of goods.
Tax Residency: Assisting high-net-worth individuals in obtaining tax residency in Georgia.
Tax Disputes: Representing clients in the dispute boards of Revenue Service and Ministry of Finance, as well as in the courts of all instances.
Alexander Sukhishvili joined Nodia, Urumashvili & Partners in 2011. Prior to joining the firm, he headed the Legal Expertise Division of the Tax Department at the Ministry of Finance of Georgia (2007-2010) and the Litigation Division of the Revenue Service of Georgia (2010-2011). Before that, he served as a lawyer and the head of the Legal Expertise Unit of the Tax Department at the Ministry of Finance of Georgia (2005-2007).
Alexander Sukhishvili is recognized as an outstanding professional in tax law. He has extensive experience in tax advisory and disputes with tax authorities. He is noted for his client-oriented approach and his ability to handle complex tax issues.
Areas of Practice
• Tax
• Banking and Finance
• Dispute Resolution
Education
• Technical University of Georgia: Bachelor’s and Master’s Degree in Law (2005)
Languages
• Georgian
• English
• Russian
Eprem Urumashvili has been a partner at Nodia, Urumashvili & Partners since 2010. Prior to joining the firm, he served as Deputy CFO at JSC Bank of Georgia (2007-2010). He was also Head of the Taxation Division (2000-2005) and Head of the Accounting and Taxation Division of the Finance Department (2005-2007) at JSC Bank of Georgia.
Eprem Urumashvili has been recognized as a Leading Individual by Legal 500 since 2012. He is particularly known for his expertise in tax advisory services, negotiation skills, and the ability to identify efficient solutions to tax matters.
He is frequently involved in high-profile projects and has contributed significantly to the blockchain and cryptocurrency sectors:
• Eprem Urumashvili was mentioned in a New York Times article in January 2019 titled "Despite Bitcoin’s Dive, a Former Soviet Republic Is Still Betting Big on It" as a highly knowledgeable figure in the tax field.
• His expertise was also highlighted in Bloomberg in September 2018 in the article "Crypto Miner Bitfury is Using Baths to Keep Machines Cool."
• Eprem Urumashvili was a key contact in the Harvard Business School research project “Bitfury: Blockchain for Government” in January 2018, where his insights were prominently featured.
He is known for his exceptional negotiation skills and the ability to identify the most efficient solutions in tax matters.
Areas of Practice
• Tax
• Banking and Finance
• Commercial, Corporate, and M&A
• Insolvency and Restructuring
• Dispute Resolution
• Real Estate
Education
• Tbilisi State University: Bachelor’s and Master’s Degree in Economics (2002)
Bar Admission and Memberships
• Board Member of the Georgian Business Association
• Board Member of the Georgian International Arbitration Center (GIAC)
• Member of the Tax Clarification Commission of the Revenue Service of Georgia
Languages
• Georgian
• English
• Russian
Jaba Balakhashvili joined Nodia, Urumashvili & Partners in 2018. Prior to joining the firm, Jaba worked as a tax expert for the Business Ombudsman of Georgia (2016-2017). Prior to that, he worked at the legal department of the Revenue Service of Georgia (2011-2014).
‘What makes working with Nodia, Urumashvili & Partners, and especially with the tax team, a truly unique experience, is that they truly consider themselves as part of our own team. Tax team of the law firm is notable for their high qualification, ability to identify the full picture of the case and come up with comprehensive and practical solutions.’- Legal 500, 2020
‘The individuals with which we work stand out for their deep knowledge of the tax law and capability to find tailor made solutions. In particular, Alexander Sukhishvili is an excellent, highly regarded, qualified and skilled lawyer. Alexander is detail oriented and at the same time sees the wider picture of the most complex matters, he always offers flexible and rational solutions and has good interpersonal skills. Jaba Balakhashvili is a very experienced and highly qualified lawyer, with deep knowledge of the tax law. Jaba is very responsive and has the ability to quickly analyze tax issues and identify best possible solutions.’ - Legal 500,2020
Areas of Practice: Tax, Dispute Resolution
Education: Tbilisi State University, Bachelor’s and Master’s degree in Law (2007)
Bar Admission and Memberships: Member of the Georgian Bar Association
Languages: Georgian; English; Russian
Ranked #4 Global Elite Antitrust & Competition Practice
28 September, 2020
Tax Newsletter
“Nodia, Urumashvili and Partners” is glad to announce the launch of its Tax Newsletter which covers the following topics: ...
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