Photo, Ben Phillips

Ben Phillips

Associate
Baker & McKenzie LLP

Biography

Ben is a senior associate in Baker McKenzie’s Dubai office, advising on international tax, mergers and acquisition matters and domestic corporate tax legislation across the MENA region.

Ben has over 11 years of experience in the UAE and UK and has advised on matters across the UAE, GCC and globally across this period.

Practice Focus

Ben has a general focus on international tax and mergers and acquisitions, and has focused specifically on advising technology, media and telecommunications clients.

More recently, Ben has had a specific focus on the introduction of corporate tax in the UAE as well as the Pillar One and Pillar Two initiatives announced by the OECD.

Representative Legal Matters

  • Tax advisory on a significant investment by a UAE sovereign wealth fund in a global environmental commodities exchange and their re-domiciliation from Singapore to the UAE.
  • Tax advisory on the applicability of the introduction of UAE corporate tax to a prominent UAE headquartered family business.
  • Tax advisory to a UAE headquartered FMCG business on pre-implementation restructuring in light of the introduction of UAE corporate tax.
  • Lead tax advisor to a UAE headquartered business on the application of the OECD Pillar II Model Rules (global minimum tax) and UAE corporate tax to their group operations.
  • Acted as the ongoing tax advisor to a global leading ecommerce platform with a regional headquarter in the UAE and operations across the MENA region.
  • Provided tax advisory, and implementation support, to a UK headquartered business looking to restructure its existing KSA JV operations.
  • Tax due diligence, acquisition structure and SPA support on the acquisition of a UAE based, MENA operating, telecommunication operator.
  • Performed initial assessments of the financial impact on businesses of the introduction of the Pillar One and Pillar Two measures, as announced by the OECD.
  • Review of distribution agreements (for a number of different industries) across a number of MENA jurisdictions to understand key tax risks (such as permanent establishment) and tax leakage on payments.
  • Review of existing business structures to identify any potential tax optimisation, especially in light of compliance with transfer pricing regulations.

Professional Associations and Memberships

  • ICAEW - Chartered Accountant

Admissions

  • ICAEW Chartered Accountant - UK (2014)
  • Dubai - Registered Legal Consultant

Languages

  • English