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Vugar Mammadov | Managing Partner | VLM and Partners

Vugar Mammadov

Managing Partner

  • LinkedIn

With over twenty years of experience in sectors as diverse as energy, finance, banking, consumer markets, and retail & manufacturing, Vugar brings insight and know-how to major local and international clients. He gained extensive experience in tax and legal practices at PwC Azerbaijan. Later, he was invited to set up and head the Legal Practice at Deloitte Azerbaijan for many years.

Vugar has been an arbitrator of the Shenzhen Court of International Arbitration (SCIA) since 2022.

Vugar advises on complex business and trade transactions, mergers and acquisitions, reorganizations and consolidations, and project finance and applies his legal, tax, and business expertise to transactional documentation and negotiations, legal due diligence, and financial considerations of clients' deals.

He acted as a legal expert in various foreign courts and arbitrations in Switzerland and the UK, as well as at the NCA (National Crime Agency), UK. Furthermore, he brought his valuable legal expertise into overseas projects of international organizations such as the Asian Development Bank.

Vugar has extensive involvement in PPP (public-private partnership) projects as well as in all matters relating to their registration and operational matters, issuance of legal opinions, corporate investigations, etc. Additionally, he supports clients in investment protection, private international law, and other areas.

Core Practice Areas
  • International Corporate Structuring;

  • Mergers and Acquisitions (M&A);

  • Corporate and Regulatory Investigations;

  • Tax Law;

  • Project Finance;

  • Investment Protection;

  • Capital Markets;

  • Public-Private Partnerships (PPP);

  • Energy Law;

  • Dispute Resolution

  • English;

  • Russian;

  • Turkish;

  • Azerbaijani


  • Erasmus University Rotterdam - LL.M, International Business and Trade Law;​

  • Qafqaz University - Bachelor of Laws

Key Accomplishments
  • Successfully represented a foreign company in a prominent case before ICSID; 

  • Facilitated a groundbreaking renewable energy public-private partnership for a noteworthy foreign corporation in Azerbaijan;

  • Conducted thorough due diligence on renewable energy legislation in an overseas jurisdiction and provided legal and strategic advice for enhancing its legal framework; 

  • Provided comprehensive legal support to an international oilfield drilling company, enabling them to establish a strategic partnership with a state-owned entity and embark on a drilling project in the Caspian Sea;

  • Expertly crafted tax and customs protocols for Production Sharing Agreements (PSA) on behalf of a major oil and gas company in Azerbaijan;

  • Advised leading French and Italian banks on financing arrangements for a heavyweight industry player in Azerbaijan;

  • Conducted meticulous legal due diligence on a prominent oil and gas company based in Azerbaijan;

  • Successfully assisted a remarkable international airline company in cancelling a substantial tax penalty;

  • Provided invaluable legal support to a globally recognized logistics company, focusing on key corporate matters;

  • Provided strategic counsel to a foreign oil and gas giant regarding intricate corporate structuring issues;

  • Guided an Azerbaijani production company through complex M&A procedures;

  • Advised a world-renowned technology giant on matters related to investment protection;

  • Provided expert legal insights to one of the world's largest insurance companies concerning insurance regulations in Azerbaijan;

  • Supported the transition of parties involved in a Production Sharing Agreement;

  • Assisted a diverse array of international investors in their ventures to invest in Azerbaijani companies.

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