CEE/CIS - Azerbaijan

VLM and Partners

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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.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘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
  • Freyssinet
  • Thales Group
  • Plato Capital International Holdings Limited
  • Steelcase
  • International SOS Hospital in Baku
  • AzeriMed
  • Totisa Holdings SA
  • Access Bank
  • Beko Azerbaijan
  • Arçelik
  • Borjomi
  • Tekfen Holding
  • Token Inc.
  • Freysaş Freyssinet
  • Kolin Construction
  • Layher Scaffolding Systems
  • Profaz Engineering
  • PASHA Construction
  • Gilan Holding
  • Mars Overseas Baku LTD
  • Topaz Investments Limited
  • Fryday
  • 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.

Practice head

The lawyer(s) leading their teams.

Vugar Mammadov