The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon
71 VAZHA-PSHAVELA AVE, TBILISI 0186, GEORGIA
Tel:
Work +995 32 220 74 07
Fax:
Fax +995 32 220 74 07
Email:
Web:
www.nplaw.ge

Eprem Urumashvili

Tel:
Work +995 2 207407 144
Email:
Nodia, Urumashvili & Partners

Work Department

Nodia, Urumashvili and Partners Ltd.

Position

Partner at Nodia, Urumashvili and Partners Ltd. His Ares of practice are Tax law, Banking law, Financial law. Eprem Urumashvili is qualified Georgian tax lawyer. He has more than 13 years' work experience in terms of domestic taxation. He is a frequent speaker on international tax issues and has wide experience in tax disputes as well. Much of his work involves advice to the management about the risks and the avoidance of claims, and assisting clients in resolving tax issues early and cost-effectively. His scope of activity is spread over the tax field, which includes tax law, as well as tax disputes, transfer pricing and double taxation agreements, at the same time it also includes operational risks analysis and planning in connection with tax risks in view of banking-finance. Eprem is listed as a leading individual for tax law in the Legal500, 2012.

Career

 2014 – present: the member of supervisory board of Georgia Stock Exchange  2013 - present: the head of working group at Businessmen Association, working on amendments in “Law on Securities”  2013 - present: the member of Commission working on commentaries of Tax Code at Revenue Service  2010 - present: Partner at “Nodia, Urumashvili and Partners” Ltd  2009 - 2010: ,,Galtt & Taggart Holdings”, CEO  2007 - 2010: ,,Bank of Georgia”, Deputy CFO  2005 - 2007: "Bank of Georgia”, head of Taxation Division at Finance Department  2000 - 2005: ,,Bank of Georgia”, head of Accounting and Taxation Division at Finance Department  2003 – 2004: “Tbilisi Technical University”, Lecturer of Banking and Finance;  1999 – 2000: “Tbilkombank”, Chief Accountant of Branch

Languages

• Georgian • English • Russian

Member

 2014 – present: the member of supervisory board of Georgia Stock Exchange  2010 - present: the member of Tax Committee at Businessmen Association and the special counsel to the President of Georgian Banks Association

Education

2000-2002 Ivane Javaxishvili State University of Tbilisi, Faculty of Accounting, Analysis and Audit. Master Degree. 1996-2000 Ivane Javaxishvili State University of Tbilisi, Faculty of Accounting, Analysis and Audit. Bachelor Degree  05.2005 IREX, For completing Distance Learning Course in Macroeconomics. Tbilisi, Georgia  06.2003 Financial crimes and money Laundering Seminar. Tbilisi, Georgia  04.2003 Anti-Money Laundering Training Seminar provided by Foulds Ingham, Moscow, Russia.  09.2002 Advanced Training Course in International Accounting Standards for Banks provided by PricewaterhouseCoopers, Sofia, Bulgaria.


Georgia

Banking and finance

Within: Banking and finance

Nodia, Urumashvili & Partners is a popular choice for Georgian banks and has notable expertise in licensing issues. Practice head Lasha Nodia advised Caucasus Development Bank Georgia on the cancellation of its banking license, and assisted Ziraat Bank with obtaining a banking license. Eprem Urumashvili has expertise in banking law and assisted Finstar Financial Group with registering Black Sea Development as a payment services provider.

[back to top]

Commercial, corporate and M&A

Within: Leading individuals

Eprem Urumashvili - Nodia, Urumashvili & Partners

Within: Commercial, corporate and M&A

Nodia, Urumashvili & Partners handles transactions and general corporate matters. Eprem Urumashvili assisted The Bitfury Group with piloting a blockchain land titling project with the Georgian National Agency of Public Registry. Lasha Nodia assisted Geofood Invest with consolidating several of its subsidies into one single entity. Alexander Sukhishvili advised Georgian Hotel Management on a joint venture funded by Georgian and foreign investors.

[back to top]

Dispute resolution

Within: Dispute resolution

Nodia, Urumashvili & Partners has notable expertise handling tax and construction-related disputes. Practice head Daduna Kokhreidze acted for Archtrade in a payments dispute regarding its construction of the public service hall in Tbilisi. Managing partner Lasha Nodia is experienced in litigation and ADR. Tax specialists Eprem Urumashvili and Alexander Sukhishvili defended Caucasus Development Bank-Georgia and m² Real Estate in separate disputes with the Revenue Service of Georgia concerning additional tax liability.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to