Polycarp Okumu
Associate | Nairobi
Contact
T: +254 20 503 1790
Overview
Polycarp focuses on tax planning and controversy matters. He also regularly advises clients on a wide spectrum of corporate and commercial legal issues. His experience includes conducting specialized tax health checks, assisting in complex merger and acquisition transactions, managing employment relationships, financing transactions and handling specialized land matters, including conservation.
Experience
Polycarp experience includes:
- Various Tax Health checks, Tax Audit engagements on behalf with the Taxpayer with the Kenya Revenue Authority;
- Tax advisory on various transactions;
- Advised a consortium of Various Banks (as lenders) on the Ksh 181,000,000 secured lending transaction to a major logistics company, ensuring comprehensive risk mitigation and perfection of security;
- Advised various tax-exempt organizations and counsels on charitable giving issues;
- African Property Logistics on the REIT transaction;
- Advised a major Electronics Company on the Recall of the products in the Market;
- Mawingu Networks Limited in relation to the strategic issuance of Series A and Series B convertible preference shares to institutional investors, including assistance with drafting transaction documents and satisfying condition precedents;
- Savannah Cement Limited on the transfer of its business and assets to an investor, including undertaking due diligence, transaction structuring, and regulatory compliance;
- Acquisition by CFAO Healthcare of 69.9% of the issued share capital of Africa Chemist and Beauty Crae from Leapfrog Investments Healthcare, Amaan Khalfan and Justin Melvin
- Medsource Group Limited on the liquidation and winding up of business operations, including stakeholder engagement and regulatory filings;
- Advised a major Insurance Firm on corporate governance considerations related to the establishment of a solar power plant investment;
- Advised various tax-exempt organizations and counsels on charitable giving issues;
- Establishing trust structures and provision of succession planning advisory services to family businesses;
- Various clients on shareholder matters, including drafting, restating, and reviewing shareholder agreements, corporate filings, and associated governance arrangements;
- Incorporation and deregistration of various private companies and foreign companies; and
- Various clients on employment law matters, including drafting and reviewing employment contracts, advising on termination and redundancy processes, and providing guidance on compliance with labour and workplace regulations
AREA OF EXPERTISE
Qualifications
- LLB, University of Nairobi.
- Postgraduate Diploma, Kenya School of Law.
- Certified Public Accountant.
- Certified Secretary, Part 1 (Ongoing).
Professional Memberships
- Member of Law Society of Kenya.
INSIGHTS
Overview
Polycarp focuses on tax planning and controversy matters. He also regularly advises clients on a wide spectrum of corporate and commercial legal issues. His experience includes conducting specialized tax health checks, assisting in complex merger and acquisition transactions, managing employment relationships, financing transactions and handling specialized land matters, including conservation.
Experience
Polycarp experience includes:
- Various Tax Health checks, Tax Audit engagements on behalf with the Taxpayer with the Kenya Revenue Authority;
- Tax advisory on various transactions;
- Advised a consortium of Various Banks (as lenders) on the Ksh 181,000,000 secured lending transaction to a major logistics company, ensuring comprehensive risk mitigation and perfection of security;
- Advised various tax-exempt organizations and counsels on charitable giving issues;
- African Property Logistics on the REIT transaction;
- Advised a major Electronics Company on the Recall of the products in the Market;
- Mawingu Networks Limited in relation to the strategic issuance of Series A and Series B convertible preference shares to institutional investors, including assistance with drafting transaction documents and satisfying condition precedents;
- Savannah Cement Limited on the transfer of its business and assets to an investor, including undertaking due diligence, transaction structuring, and regulatory compliance;
- Acquisition by CFAO Healthcare of 69.9% of the issued share capital of Africa Chemist and Beauty Crae from Leapfrog Investments Healthcare, Amaan Khalfan and Justin Melvin
- Medsource Group Limited on the liquidation and winding up of business operations, including stakeholder engagement and regulatory filings;
- Advised a major Insurance Firm on corporate governance considerations related to the establishment of a solar power plant investment;
- Advised various tax-exempt organizations and counsels on charitable giving issues;
- Establishing trust structures and provision of succession planning advisory services to family businesses;
- Various clients on shareholder matters, including drafting, restating, and reviewing shareholder agreements, corporate filings, and associated governance arrangements;
- Incorporation and deregistration of various private companies and foreign companies; and
- Various clients on employment law matters, including drafting and reviewing employment contracts, advising on termination and redundancy processes, and providing guidance on compliance with labour and workplace regulations
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