Key contacts
Practice Manager: Chitimba Njeleshi
Quick facts
# Partners
2
# Other qualified practitioners
3
# Total number of lawyers
5
# Practitioners (worldwide)
5
Languages
English
Firm overview
Hepta Advisory Services Limited is an indigenous Zambian tax advisory firm established in May 2025. It is a boutique professional services firm combining deep knowledge of Zambian tax law with international experience.
The firm advises multinational groups, listed companies, small and medium-sized enterprises, and investors on corporate and transactional tax, M&A and restructuring, international tax and transfer pricing, customs and VAT, and tax controversy matters before the Zambia Revenue Authority (ZRA).
A distinguishing strength is its integrated transaction advisory, tax, accounting, and financial structuring offering, which encompasses IFRS tax accounting, independent reporting accountant engagements for listed entities, and project finance modelling.
Hepta Advisory has particular depth in the mining and extractive industries, energy and infrastructure, manufacturing, financial services, and the digital economy. Since its establishment, the firm has been appointed by Tier 1 copper producers, industry bodies, independent power producers, listed entities, and financial institutions.
Recent work includes multiple cross-border group restructurings, tax compliance and controversy matters, general tax advisory mandates, and transaction advisory engagements.
Hepta Advisory is also an active contributor to tax policy. Its most recent submissions included the VAT treatment of carbon credits, incentives for new energy vehicles, tax treatment of foreign currency movements on infrastructure projects, research and development deductions, and the zero-rating of exported business process outsourcing services.
The firm advises multinational groups, listed companies, small and medium-sized enterprises, and investors on corporate and transactional tax, M&A and restructuring, international tax and transfer pricing, customs and VAT, and tax controversy matters before the Zambia Revenue Authority (ZRA).
A distinguishing strength is its integrated transaction advisory, tax, accounting, and financial structuring offering, which encompasses IFRS tax accounting, independent reporting accountant engagements for listed entities, and project finance modelling.
Hepta Advisory has particular depth in the mining and extractive industries, energy and infrastructure, manufacturing, financial services, and the digital economy. Since its establishment, the firm has been appointed by Tier 1 copper producers, industry bodies, independent power producers, listed entities, and financial institutions.
Recent work includes multiple cross-border group restructurings, tax compliance and controversy matters, general tax advisory mandates, and transaction advisory engagements.
Hepta Advisory is also an active contributor to tax policy. Its most recent submissions included the VAT treatment of carbon credits, incentives for new energy vehicles, tax treatment of foreign currency movements on infrastructure projects, research and development deductions, and the zero-rating of exported business process outsourcing services.
Key practice areas
- Business model optimisation
- Policy design
- Corporate taxes
- M&A
- Restructuring
- Technology
- Transactions
- Arbitration
- Audit defence
- Audit support
- Controversy management
- Pre-litigation
- Customs
- Supply chains
- VAT
- International tax advisory
- Tax consulting
- Arbitration
- Audit defence
- Audit support
- Business model optimisation
- Business restructuring
- Controversy management
- Cost-sharing arrangements
- Dispute resolution
- International tax planning
- TP policy design
- TP risk management
- For more information click here
Key practice contacts & recent matter highlights
Patrick Mawire
Business restructuring
E: patrickmawire@heptaadvisory.com- Advised a Zambian group on the redomiciliation of its offshore holding company and the restructuring of its shareholding in a tax-efficient manner.
- Advising an entity, as transaction, tax and accounting adviser, on its recapitalisation through a preference share rights issue, including the structuring of the term sheet.
- Advised a Zambian mining investment company on a capital and investment structure incorporating deferred rights linked to mine development, while ring-fencing legacy value for the founding shareholders.
Patrick Mawire
Controversy management
E: patrickmawire@heptaadvisory.com- Advising a distributor on its objection to a ZRA customs post-clearance audit assessment, challenging the ZRA’s valuation methodology, rules-of-origin findings, and statistical extrapolation. ZRA enforcement action has been stayed pending determination of the objection.
- Advising an independent hydropower producer on its objection and appeal against a customs and VAT assessment relating to electricity traded through the Southern African Power Pool Day-Ahead Market.
- Mwanza Mukonkela
Corporate taxes
E: mwanzamukonkela@heptaadvisory.com- Prepared the 2024 transfer pricing Local File for a manufacturing company within a multinational group. The engagement covered seven categories of related-party transactions with group entities in Malawi, Mozambique and China, including functional analysis and economic benchmarking.
- Providing tax compliance services to a Tier 1 mining group comprising three large mining entities, including reviews of tax computations and returns.
- Providing tax advice on the financing of energy and infrastructure projects, including financial model review, transfer pricing and tax incentives.
Sector expertise
- Agriculture
- Banking
- Energy
- Financial services
- Government and public policy
- Mining
- For more information click here
Address:
Tel:+260 571 728 516
Email:Contact Us
Web Address:https://heptaadvisoryzm.com
3 Nangwenya Road
Lusaka, Lusaka, 10101
Zambia