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Tajikistan

Tajikistan > Legal market overview > Law firm and leading lawyer rankings

Index of tables

  1. Legal market overview
  2. Leading individuals
  3. Next generation lawyers

Leading individuals

  1. 1
    • Firdavs S. Mirzoev - Nazrisho & Mirzoev, LLC
    • Kamoliddin Mukhamedov - Grata International
    • Ravshan Niyazmukhamedov5 - Legal Consulting Group

Next generation lawyers

  1. 1
    • Alisher Khoshimov - Centil Law

Who Represents Who

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Tajikistan is one of the least developed countries in the CIS, primarily due to the civil war which preceded its independence from the Soviet Union. However, the country has grown considerably in the last 20 years and according to the World Bank is now among the top 10% of nations in the world at reducing poverty levels.

The economy, which grew by 7% in 2017, is largely reliant on government activity. The lack of private investment stems from the country’s under-developed infrastructure, which has been hindered by its mountainous topography and vulnerability to natural disasters.

Notable developments in 2017 included the country entering the bond market, raising $500m from its inaugural ten-year international bond. The finance raised will be used to fund the 3600MW Rogun hydropower plant, which is set to become the world’s tallest dam and will not only provide power for the country but is also expected to export electricity to nearby countries such as Afghanistan and Pakistan.

The legal market is quite small and concentrated, with most law firms based in Dushanbe. It includes a mixture of local and regional firms such as Grata International and Centil Law.

Akhmedov, Azizov & Abdulhamidov, Attorneys is experienced in corporate, energy, project finance, tax and customs, employment and dispute resolution matters. Shavkat Akhmedov, Farhad Azizov and Bakhtiyor Abdulhamidov are key contacts.

Previously operating as Colibri Law, Centil Law’s team stands out for its ‘attentiveness’, ‘responsiveness’ and ‘professionalism’. It has expertise in corporate and M&A, banking and finance, projects and infrastructure, energy and subsoil, trade and commerce, and TMT. Denis Bagrov, who is based in the firm’s Kyrgyz office, regularly handles Tajik matters; in this region he heads the energy and subsoil practice in Tajikistan and co-heads the energy and infrastructure practice. Recent highlights for Bagrov include advising Visa Cemea on Tajikistan’s lobbying regulations. Kerim Begaliev, who co-heads the corporate and M&A practice and heads the trade and commerce practice, recently advised on product recall procedures and product liability issues for an electronics and home appliances manufacturer. Other recent work for Begaliev includes advising Veon on data privacy and personal data protection matters; assisting the Islamic Corporation for the Development of the Private Sector on the project financing of a Tajik leasing company that adhered to Islamic principles; and advising Beiersdorf Kazakhstan on antitrust regulations. Zhanyl Abdrakhmanova, who is also based in Kyrgyzstan, co-heads the corporate and M&A practice, and the energy and infrastructure team. Associate Alisher Khoshimov is experienced in corporate, banking and FMCG matters. Ernst & Young Kazakhstan LLP and Siemens (Kazakhstan) are other key clients.

Legal Consulting Group has a strong skillset in energy, corporate, financial services and real estate matters. Key clients include Gazprom International and the Embassy of the Federal Republic of Germany. Corporate law specialist Ravshan Niyazmukhamedov5 heads the practice. Marina Shamilоva has significant experience in energy, finance, infrastructure and tax matters. Timur Abdulaev specialises in natural resources, real estate and M&A matters. Associate Valeria Kaharova has experience in employment and finance matters, and associate Gulnora Kadirova is noted for corporate matters.

Grata International primarily focuses on M&A, cross-border finance and infrastructure projects. Practice head Kanat Seidaliev splits his time between Kyrgyzstan and Tajikistan, and has notable expertise in corporate and M&A and project finance, with a heavy focus on the telecoms and industrials sectors. He advised Sidel on the non-payment of quarterly promissory notes by a Tajik purchaser of its equipment and conducted a due diligence exercise for China Development Bank on TK Oil. Elvira Maratova is a key name for cross-border lending and procurement issues; she recently advised Export-Import Bank of China on a loan transaction with Xinjiang Zhongtai Chemical for the construction of an agricultural industrial park, and assisted Bopa with an equity investment in a microfinance organisation in Tajikistan. Nurlan Kyshtobaev heads the banking and finance practice, and also has experience in corporate, mining and capital markets. He recently advised Telia Company on the sale of its 60% holding in Tajikistan’s Tcell to the Aga Khan Fund for Economic Development, and assisted the European Bank for Reconstruction and Development with a corporate secured loan to the furniture and household appliances distributor Atlant. Kamoliddin Mukhamedov is experienced in corporate and litigation matters. KPMG and Western Union are also key clients.

Nazrisho & Mirzoev, LLC is experienced in matters such as banking and finance, corporate, dispute resolution, employment, tax and customs, and mining law. Rustam M. Nazrisho has extensive experience in corporate, finance and real estate matters, and Firdavs S. Mirzoev has expertise in corporate issues, transactions, mining law and civil litigation.

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