Efforts by African governments to diversify their economies and privatise state assets – at a time when oil prices are becoming more volatile – is generating opportunities for law firms in countries such as Cameroon, Congo and

With Portuguese companies seeking to expand in Angola due to the cultural similarities, their legal advisers need a strong local presence in order to meet clients’ needs

Though Lusophone Africa is still a major target for Portuguese investors, their attention is now being diverted to countries such as Guinea Bissau and Nigeria, says João Caiado Guerreiro, managing partner of Caiado Guerreiro.

The international fight against tax avoidance is intensifying; clients are scared of reputational damage and there is a concern that tax advisers could be perceived as facilitating crimes

It is no longer possible for lawyers to give effective tax advice without having a thorough understanding of their clients’ business, says Javier González Carcedo, partner at PwC Tax and Legal Services

Clients get few guarantees from tax authorities so they seek closer relationships with their legal advisers in order to better predict what rules will be applied to tax schemes in future

Demand for tax advice in Portugal is growing as foreign investment increases, but the country’s corporate tax rate could jeopardise its competitiveness, says Tiago Caiado Guerreiro, partner at Caiado Guerreiro.