Nicolas

ARFEL

Partner

Nicolas Arfel has been advising senior executives, industrial groups, and investors for over twenty-five years on the structuring and securing of strategic and cross-border operations, particularly in the context of growth initiatives, reorganizations, and international investment projects.

Background & Experience

A member of the Paris Bar, with advanced training in corporate taxation from Université Paris-Dauphine, he began his career at one of the Big Four firms and was later appointed Deals Tax Partner and Head of the Africa Desk. He developed deep expertise in complex mergers and acquisitions, restructuring operations, and international tax and legal matters.

Leadership & Expertise

His career has led him to work on numerous projects involving France, the Maghreb, and Sub-Saharan Africa, within demanding regulatory environments requiring technical rigor, a strong understanding of local realities, and a sharp sense of economic balance.

Partner – CLS & Strategy

In 2025, he joined CLS & Strategy as a Partner, contributing to the development of the firm’s high-value transaction and international tax advisory activities, and supporting clients in decisions with long-term implications for their investments and organizational structures.

International Focus

Nicolas frequently advises on investments in the Maghreb and Sub-Saharan Africa, offering clients a nuanced understanding of both local and international tax frameworks. Recognized as a leading practitioner in professional directories for tax law and Africa-related work, he is widely regarded as a trusted advisor for securing and optimizing investments across Africa and Europe.

Speaking & Teaching

He is also a regular speaker at conferences and executive training programs, contributing to the advancement of a high-standard and forward-looking approach to corporate taxation.

Geographical Presence

Based in France, Nicolas works on a daily basis between Paris, Tunis, Casablanca and Dubai, giving him a close presence and practical expertise in the key markets where he operates.

Real success comes from combining expertise with curiosity
and never losing sight of the people behind every deal.