VLM and Partners > Baku, Azerbaijan > Firm Profile

VLM and Partners
Hyatt International Center
Hyatt Tower 2, 6th Floor
8 Izmir Street
AZ 1065

Azerbaijan > Leading Firms Tier 4

Vugar Mammadov leads the team at VLM and Partners, experienced in supporting financial services clients alongside work in the energy, consumer markets, and retail and manufacturing industries. The team’s expertise spans business and trade transactions, mergers and acquisitions, reorganisations, and consolidations – it conducts both domestic and cross-border work. Ismayil Aliyev‘s work focuses on international companies establishing their businesses in Azerbaijan; Vusala Babayeva-Nazirli has provided Azerbaijani legal expertise before the UK courts.

Practice head(s):

Vugar Mammadov


‘VLM combines excellent international standard of services with detailed knowledge of local jurisdiction/market.’

‘The individuals we work with at VLM and Partners are outstanding professionals who have impressed us with their skills, knowledge, and dedication. They are different from competitors in that they are not only lawyers, but also business partners who understand our goals, challenges, and expectations.’

‘Vugar Mammadov is a leading expert in the energy field, with extensive experience and knowledge. He has been our main contact person and advisor throughout our project in Azerbaijan. He has provided us with strategic guidance, practical solutions, and effective representation.’

‘VLM’s lawyers are very skilled at solving complex legal issues, and providing us with detailed advice which is useful for us in surviving in the challenging environment of Azerbaijani market. They approach all the clients individually and prioritize the client’s interests at the highest level which is, I think, second to none in the Azerbaijani legal market.’

‘VLM has exceptionally talented lawyers. İsmail Aliyev supports us to overcome administrative challenges and maintain our business in a secure way. What differentiate him from others is his unique analytical skills and knowledge in various industry sectors.’

‘Vusala Babayeva and Vugar Mammadov are highly professional, intelligent, and proactive.’

‘VLM has proven to be a reliable partner in solving all types of legal matters. Their in-depth knowledge and remarkable experience in various fields of law enable us to operate our business without fear. Regardless of the legal challenges we encounter, VLM’s experts stand by us, offering their invaluable support and expertise.’

‘Vugar Mammadov is a first-to-go expert if we or any of our clients face legal or tax challenges in Azerbaijan. His rich background in a wide range of legal areas makes him a select lawyer in Azerbaijan, especially if you face any corporate, finance, or tax-related challenge.’

Key clients

Asian Development Bank

DHL Global Forwarding Azerbaijan

DongFang Electric AZ Limited


Thales Group

Plato Capital International Holdings Limited


International SOS Hospital in Baku


Totisa Holdings SA

Access Bank

Beko Azerbaijan



Tekfen Holding

Token Inc.

Freysaş Freyssinet

Kolin Construction

Layher Scaffolding Systems

Profaz Engineering

PASHA Construction

Gilan Holding

Mars Overseas Baku LTD

Topaz Investments Limited


Khamsa Insurance and Reinsurance Brokers

Hermes Energy

Burma CJSC

Moore Azerbaijan

Work highlights

  • Provided comprehensive legal support to the Asian Development Bank for a renewable energy project in the Solomon Islands, including advice on draft regulations, changes to the Electricity Act, and energy legislation.
  • Provided full legal assistance to Freyssinet Azerbaijan for their bridge construction projects in the Karabakh region, ensuring secure agreements, mitigating legal and tax risks, and offering ongoing assistance in various corporate and regulatory matters.
  • Supported Token Azerbaijan to facilitate the development and distribution of online payment systems by drafting various agreements such as software license, partnership, and user agreements, advising on regulatory compliance, and enabling them to navigate the complex fintech landscape in Azerbaijan.

Based in Azerbaijan, VLM and Partners stands out as a select law firm equipped with international competencies.

Boasting a remarkable team of dedicated lawyers and consultants with profound knowledge and extensive experience, VLM is well-known international companies’ trusted source for premier legal and tax services.

VLM mainly focuses on corporate and M&A, contracts, commercial, banking, project finance, Public-Private Partnership, energy, tax, employment matters and dispute resolution. VLM’s lawyers successfully advised on numerous complex transactions and high-profile cases involving major local and international clients that operate in a wide range of business sectors such as energy and natural resources, finance and capital markets, fintech, e-commerce, construction, FMCG, retail, pharma, etc.

VLM extends its expertise beyond Azerbaijan’s borders, with a proven track record of serving both international and local brands, as well as intergovernmental organizations. With strong affiliations across multiple countries, the firm facilitates seamless cross-border transactions and successfully advocate for its multinational clients in a range of international jurisdictions, including the United Kingdom, Switzerland, Türkiye, UAE, Slovenia, Russia, Latvia, and more.

Besides, VLM is the firm with unique experience in investment protection, currency regulations, business reorganizations, alternative energy, IP matters, and consumer markets.

Efficiency, quality, and value creation are the moving features in all the assignments which VLM is engaged in. Its lawyers are more than trusted advisors; they are dedicated to building long-term collaborative relationships rooted in a deep understanding of what their clients’ strategic objectives and success require. Each specialist of VLM is a high-level professional in a particular area of law and knows all the complexities of a specific category of cases to ensure the fastest and most beneficial result for clients. The firm’s lawyers can effectively tackle the most challenging legal transactions and matters by applying legal, tax, and financial knowledge and local and international practices.

VLM’s ethos is simple yet powerful: keeping simple and excellent.

Department Name Email Telephone
Managing Partner Vugar Mammadov vmammadov@vlm-az.com +994 50 283 82 48
Corporate Law and M&A Ismayil Aliyev ialiyev@vlm-az.com
Legal and Tax Review, Due Diligence Vugar Mammadov vmammadov@vlm-az.com
Dispute Resolution and International Arbitration Vugar Mammadov and Sara Aghamaliyeva vmammadov@vlm-az.com
Banking, Finance, and Capital Markets Vusala Babayeva and Rashad Mahammadzada vbabayeva@vlm-az.com
Energy and Oil & Gas Law Vugar Mammadov vmammadov@vlm-az.com
Lisencing and Regulatory Compliance Ismayil Aliyev and Rashad Mahammadzada ialiyev@vlm-az.com
Intellectual Property, Competition, and E-Commerce Sara Aghamaliyeva and Rashad Mahammadzada saghamaliyeva@vlm-az.com
Tax Law Vugar Mammadov vmammadov@vlm-az.com
Labor Law Vusala Babayeva vbabayeva@vlm-az.com
Migration Law Ismayil Aliyev ialiyev@vlm-az.com
Managing Partner : 1
Senior Legal Associate : 4
Associate : 2
Attorney : 1
Senior Tax Associate : 3
Tax Associate : 4
AmCham Azerbaijan
Shenzhen Court of International Arbitration (SCIA)
The Association of International Petroleum Negotiators (AIPN)
Bar Association of Azerbaijan
Azerbaijan - France Chamber of Commerce
Global Law Experts
Israel - Azerbaijan Chamber of Commerce and Industry

CLIENT: Mansur Mammadov
COMPANY/FIRM: Plato Capital and Co. Investment Company
TESTIMONIAL: We want to express our sincere gratitude towards VLM and Partners, and Vugar, as they have dealt with almost all aspects of making our company even stronger. VLM and Partners demonstrated utmost professionalism in tackling all challenges, from establishing the company’s corporate structure to the matters related to the deals.

CLIENT: Tetiana Krimchenko
TESTIMONIAL: VLM and Partners is distinguished by the high proficiency level of rendered services and the diligent attitude of its lawyers toward the clients’ individual cases. VLM mainly assisted us in handling the process of reviewing and applying labor law provisions and drafting large-scale legal documents. VLM has established itself as an outstanding team of professionals with exceptional client care, a responsible approach, and excellent cooperation skills despite the remote provision of legal services. We are absolutely content to have an opportunity to work with qualified and reliable lawyers of VLM and Partners.

CLIENT: Azer Shiraliyev
TESTIMONIAL: As the owners of one of the biggest fast-food channels, we are incredibly delighted to cooperate with VLM and Partners. We have worked together on structural issues and created different forms of agreements. Furthermore, as online sellers, we are sure that VLM and Partners is the best firm to seek advice in e-commerce matters.

CLIENT: Ignacio Gomez
COMPANY/FIRM: Thales International Western Countries B.V.
TESTIMONIAL: VLM and Partners have been essential in supporting our Company in Azerbaijan, providing valuable services in different areas such as Corporate Law, Labour Law, and Tax matters. Thanks to their continuous support and customer-oriented solutions, we can focus on our core business, ensuring that the legal aspects of our presence in Azerbaijan are well under control.

CLIENT: Azer Allahverdiyev
COMPANY/FIRM: Ismayilli Wine
TESTIMONIAL: VLM has done a marvelous job in such a short period, which helped us achieve our goals timely. The efficiency of their actions and the ability to foresee possible issues that could appear along the process played a significant role in overcoming the barriers swiftly. The contact between VLM and us was sustained perfectly for the sequence of the whole procedure. As a client, our satisfaction with the legal service rendered is beyond ultimate.

CLIENT: Fariz Ahmadov
TESTIMONIAL: VLM and Partners delivered its services by confronting the legal aspects of various projects, which we are delighted with. VLM’s criteria, such as high-quality service, promptness, and being trusted, are something we appreciate and consider.

CLIENT: Baris Altiparmak
TESTIMONIAL: Vugar Mammadov has been a valued legal adviser to our Azerbaijan operations for a long time. Vugar has an open, responsible, erudite, and business-friendly team and what makes this team unique is their sense of availability for immediate response. VLM team has the depth of knowledge and qualification in local law and can find creative and lawful ways of solving challenges. We are impressed by VLM’s assistance in doing business.

CLIENT: Eivaz Mirzoyev
TESTIMONIAL: Our experience with Vugar Mammadov and his team has been exceptional. VLM is a trustworthy and professional team of lawyers that always assist our company through tedious corporate matters with an exquisite attitude. VLM associates are always available to guide and provide prompt clarity of situations on time. Excellent legal skills, high-quality service, and individual approach to each case are qualities that keep our cooperation with VLM and Partners solid and stable — highly recommended!

CLIENT: Shamsi Akhundov
TESTIMONIAL: VLM and Partners assisted us in too many things… from creating from scratch and establishing our business’s legal structure to obtaining all required licenses and permissions. Our company has quickly soared in our activity area with zero risk due to a solid legal establishment. Big thanks go to VLM and Partners.

CLIENT: Anar Bayramov
TESTIMONIAL: VLM and Partners is an excellent law firm to cooperate for contracts law, customs and tax issues, litigation, and investment law. They are a significant asset for an agricultural company and are highly recommended.

VLM and Partners is committed to pursuing values such as diversity, encompassing a variety of destinations, including gender, race, age, political beliefs, geography, religious affiliation, national origin, sexual orientation, and other protected classes. We can firmly state that none of these attributes play a role in our recruitment and hiring decisions or our choice of partners and clients.

As indicated in our Code of Conduct: “We have expectations about how we deal with one another, and certain types of behavior are not acceptable at VLM. It includes harassment, discrimination, and bullying, bystander responsibilities, how concerns or complaints may be raised and dealt with, and consequences for breaches. VLM takes inappropriate conduct seriously, and everyone is required to be familiar with our workplace expectations, including as outlined in this Conduct.”

We are proud that two-thirds of our staff are women. It demonstrates that gender has never been an issue open for discussion while hiring employees.

We are glad that our team originates from different geographical places, and nations might have different life values and political beliefs depending on the geographic areas and groups they come from. This factor enriches our line of sight in communicating with clients.

We are also pleased to note that we give law students and young graduates a chance to work with experienced professionals through our internship programs. We get extra motivation seeing that we help the younger generation at the beginning of their careers, contribute to their future, and allow them to learn from our experience.

VLM and Partners, as a firm, places extreme importance on the matters of equal pay to its employees from different races, religions, genders, sexual orientations, and other diversities.

Relying on our successful partnerships with several well-known European law firms, we are capable of securing your legal interests in a wide range of European jurisdictions.

As an example, we have engaged in a long-standing business relationship with reputable Czechian law firms.

​Moreover, we actively cooperate with firms from France, the UK, UAE, Israel, Türkiye, and Russia in dealing with cross-border legal matters.

We always look forward to meeting and exceeding our clients’ expectations and ensuring that each of our clients is satisfied with our work and the result, which is our joint success. The firm has worked with a wide range of clients all around the world, including:

  • Biggest Azerbaijani and foreign banks and investment companies;
  • Holding companies;
  • Trading companies;
  • Leading insurance companies;
  • Aerospace company;
  • Oil and Gas companies;
  • Agriculture companies;
  • Biggest fast-food company;
  • Food and Beverage manufacturing companies;
  • Azerbaijani design companies;
  • Luxury retail companies;
  • Construction companies;
  • The largest chain of confectionery stores in Azerbaijan, etc.

The Team

VLM is comprised of legal and tax professionals with deep international experience. Our team members have gained extensive experience in leading local companies and companies of countries such as the United Kingdom, Italy, and Turkey.

Extending its capabilities across the ocean, VLM’s professionals has provided tailored legal advice and solutions for a high-stake renewable energy project in Solomon Islands.

We present cases in English, Azerbaijani, Russian, and Turkish. In addition, our team members speak German, French and Italian languages.

The network

We have successfully represented the interests of our clients before the courts and arbitrations of various countries, including:

  • Switzerland
  • The United Kingdom
  • Dubai
  • Turkey
  • Slovenia
  • The Czech Republic
  • Russia
  • Latvia
  • Malta
  • Montenegro

Vugar Mammadov, Managing Partner

What do you see as the main points that differentiate VLM and Partners from your competitors?

VLM has built a reputation as a reliable partner, trusted by national and foreign clients in a fairly short time. Our well-established relationships with major law firms from various jurisdictions enable us to adopt the world’s top lawyers’ expertise and work as a cohesive team, providing the highest quality services in the national and international market.

We are one of the few law firms in Azerbaijan that are more internationally oriented. Additionally, some clients do business globally, where cross-border handling transactions are required. If necessary, we are eager to engage our partner firms from other jurisdictions to give the clients reliable legal solutions from a single hand. We, of course, cooperate with the client’s foreign advisors, too, if a client is already working with them.

I cannot help but notice that VLM’s biggest difference is its fantastic team. Our passion is new cases, big projects, and working with new clients. The main advantage of our team is that we are never afraid of challenges, always ready to innovate and look at each case in a different, creative way. We learn something every day, primarily from each other. In a sense, we are each other’s main motivation and support, making us a very close-knit team.

On the most visible wall of our office is written: “Think outside the box.” This motto is probably the most appropriate way to describe our team’s mindset. We have big goals and make small but decisive steps towards them.

Which practices do you see growing in the next 12 months? What are the drivers behind that?

The key areas that could increase in the next 12 months are inward investment, IT and technology law, retail, agribusiness, litigation/arbitration, joint ventures, oil and gas, construction, corporate and commercial law, taxes, and litigation.

Recent global developments lead us to expect investment law, project finance, alternative energy, consumer law, and intellectual property practices to grow over the next 12 months. Indeed, we have received requests for several unique opportunities in these areas.

Beyond traditional legal services, I believe that alternative dispute resolution, data protection, internal and fraud investigations, and AML reviews will be in high demand. Everything is changing at an astonishing speed these days. In contrast to previous decades, the knowledge and expertise of a year ago can now be considered outdated and more unconventional legal services will be necessary. Hence, it is essential to follow business developments regularly and be willing to offer more innovative legal services.

What’s the main change you’ve made in the firm that will benefit clients?

We have built strong collaborations on a national and international level. At the national level, we provide full legal and tax services. Talking about tax services, we have built a team with the leading tax professionals in our country. Specifically, for our due diligence projects, we have made solid cooperation with the best financial advisors in the country, so we deliver legal, tax, and financial due diligence projects as a bundle package.

One of our other differences in the national market is that in addition to the quality assurance of our services, we provide our clients with professional indemnity insurance for our professional services.

Further, since our team has grown considerably over the past few months, we have enlarged our workspace to create a comfortable environment for both our employees and clients.

Moreover, we have changed our policy of storing client data. So, we use secure cloud systems that allow our team members to work remotely and share information with clients in a simple, safe, and easy way. In addition to data security and simplicity matters, it helps us use less paper (which is very important nowadays, considering its shortage) and protect the environment.

Additionally, we have expanded the marketing strategy of our firm; thus, on our social networks, you can find the latest legal news, a variety of articles from our lawyers, projects, collaborations of our firm, etc.

Is technology changing the way you interact with your clients, and the services you can provide them?

With modern technology, our lives have definitely changed for the better. In some ways, two years ago, at the peak of the pandemic, technology was the light at the end of the tunnel for everyone, especially employees. Of course, as a consulting firm, we immediately started adapting to the new realities. These realities are now an integral part of our work, for which we are delighted. In addition to live meetings, we communicate online every day with our partners and clients worldwide through Zoom, Microsoft To Do, Skype, WhatsApp calls, etc. Thus, video meetings replace most office gatherings that allow our clients to save their time in traffic and us to work faster and more flexibly.

Can you give us a practical example of how you have helped a client to add value to their business?

Two of our recent works came to my mind at once.

Firstly, we were assisting the client in obtaining a new stamp (what is vital for the company’s normal functioning), appointing a new director, and re-opening the closed bank accounts. Furthermore, we were helping the client detect the flaws in their day-to-day operations from a legal standpoint and purify their position before state officials. Thus, by submitting all the non-submitted tax declarations and calculating all the unfulfilled obligations (i.e., taxes, social payments) before the state, the wrongdoings shadowing the client’s successful operations and high profile were identified, and adequate steps were taken for their elimination. We played an active role in the investigation procedures for the criminal case against the former director of the client, participated in the interrogation sessions of employees, and sustained the necessary contact with the General Prosecutor’s Office.

Thus, the client’s interests were protected before all state institutions, including courts, ministries, banks, and other governmental and non-governmental organizations.

Secondly, we are currently actively working on a state-level project, which I am sure will be very worthwhile. We participate in implementing the project mentioned above and contribute to strengthening the financial sustainability of vocational schools. In the frames of the above services, we fully manage the project, assist the client in developing the legal framework and drafting standard partnership agreements, which enhance the functionality of state vocational schools across the country.

Are clients looking for stability and strategic direction from their law firms – where do you see the firm in three years’ time?

I once read: “Stability is an illusion. It means that there is no stability at all. In any process, there is always either development or degradation”. Partly, I agree with that. I believe that stability should be only in the quality of the work. In the rest, there should certainly be changeability and development.

VLM is growing every day, and, as I said a year ago, I am more than sure that we will be among the leading professional firms in the legal market in three years. The way to achieve this is through continuous improvement in all directions, offering innovative services and solutions, working with the best employees, networking, and cooperating with international law firms, what we are successfully doing.