CTL Strategies LLP

Managing Partner: Ali Naeem
Working Partners: Abdulla Waris, Fathuhulla Ismail, Ali Naeem, Husam Shareef, Hamdulla Hussain, Madeeh Ahmed
Languages: Dhivehi and English

Firm Overview:
CTL Strategies is a multi-disciplinary law firm that provides comprehensive legal solutions to both local businesses operating globally and foreign businesses with interests in the Maldives. The firm is currently one of the leading corporate law firms in the country, with a reputation for excellence in service especially in the area of tax advisory, advisory on foreign direct investments, corporate law and disputes. The firm’s clients include largest banks in the Maldives, telecommunications service providers and a number of global hotel brands operating in the Maldives.

Main Areas of Practice:

Corporate/ M&A:
■ The firm advises foreign and local businesses in hotel and tourist resort sale transactions;
■ Represents some of the largest investment companies in the world as their corporate advisors and company secretaries;

Construction:
■ Advices a number of reputed international construction companies engaged in infrastructure construction projects awarded by the Government of Maldives.

Dispute Resolution:
■ Key areas of practice include tax disputes, contractual and administrative disputes
■ Have advised and successfully represented international real estate companies in claims against the Government of Maldives.

Financial Services Regulation:
■ Retained by international banks operating in the Maldives for advisory and litigation services;
■ Advices financial service providers with regard to regulatory requirements and introduction of new financial products and services.

General Business Law:
■ Retained by a number of reputed local and international businesses to provide them with general corporate and legal services.

Leisure & Hospitality:
■ Main clientele of the firm is from the tourism and hospitality industry;
■ The firm advises and represents well known international hotel brands.

Litigation and Arbitration:
■ The firm represents international banks, hotels and resorts at all levels of courts in the Maldives;
■ Has represented an international client at an international arbitration against the Government of Maldives, and helped to secure the largest out of court settlement with the Government of Maldives.
■ Successfully litigated on a number of tax appeals that has set precedent in number of tax issues on administrative and substantive grounds.

Tax:
■ The firm has an unmatched reputation for its tax advisory and disputes practice and has the biggest tax litigation team in the country.
■ Represents leading telecommunication services providers and banks in the country;
■ Secured critical wins in many areas of tax laws, the precedents which have shaped the taxation regime in the Maldives.
■ Advices other prominent lawyers and law firms in the Maldives in their tax litigation assignments. Telecommunications
■ Advices leading telecommunications services providers in the country on tax advisory and litigation services.