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How foreign investors can alienate a share in a Belarusian entity?
Issues of sanctions and countersanctions have been one of the main topics for discussion during the last 3 years. Belarus followed Russia and adopted the list of so called “unfriendly states” by the Resolution of the Council of Ministers of the Republic of Belarus "On the List of Foreign States Committing Unfriendly Acts against Belarusian Legal entities and/or Individuals"N209 dated 06.04.2022.
Proposed Amendments to the Law on Information Technology Parks in Moldova
The Ministry of Economic Development and Digitalization, in collaboration with the Ministry of Finance, has recently opened a public consultation on the Draft Law for amending Law No. 77/2016 concerning information technology parks. This proposed legislative change holds significant importance, particularly within the business community.
Requirements for internet sites, software and information systems with recommendation technologies for users in Russia
From October 1, 2023, the requirements for Internet sites, software and information systems that use recommendation technologies - information technologies for providing information based on the collection, systematization and analysis of information related to the preferences of Internet users located on the territory of the Russian Federation (hereinafter referred to as "information resources") come into force.
Fines for violating the requirements for labeling advertisements distributed on the Internet in Russia
Starting from September 1, 2023, the distribution of an advertisement on the Internet without an advertisement identifier assigned by the advertisement data operator to the corresponding advertisement or violation of the requirements for its placement when distributing advertisement on the Internet, an administrative fine may be imposed
Doing Business in Kazakhstan
The information herein is based on theoretical and practical information available as of April 2023. The content of this publication is intended for foreign businessmen and companies seeking to do business in the Republic of Kazakhstan. In particular, the brochure allows you to learn about the main forms of doing business in Kazakhstan, including a detailed comparison table of such forms, information on the tax structure, bankruptcy, and it also provides answers to the frequently asked questions for starting and doing business in Kazakhstan. Please note, however, that the legislation in the Republic of Kazakhstan is subject to frequent changes.
Changes in the digital mining taxation in Kazakhstan
This alert highlights the latest changes to the digital mining taxation in Kazakhstan. A part of these changes has been already enacted, while another one will come into effect later.
Amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other benefits to persons engaged in activities in the field of information technology
From 1 January 2023 a number of amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other incentives to persons engaged in activities in the field of information technology will take effect.
Kazakhstan has adopted a project of the procedure for procurement by the National Wealth Fund Samruk-Kazyna Joint-Stock Company
In line with GRATA Law Firm’s practice of keeping clients informed of important legal developments that may influence their business, we would like to draw your attention to the recent changes in procurement rules of Samruk-Kazyna JSC.
A quick guide to licensing in Tajikistan
As ecommerce and online services continue to rapidly evolve, such questions are often asked by companies intended to offer services and merchandise both online and physical locations.
Kazakhstan. Forthcoming Amendments to VAT/GST for Electronically Supplied Goods and Services
Almost a year ago, Kazakhstan introduced VAT which the foreign companies should pay for goods and services supplied electronically to individuals in Kazakhstan.
Legal aspects of launching satellite Internet in the Republic of Kazakhstan
Over the last years, the technology industry has been actively developing in our country, including in the telecommunication field. Moreover, in connection with the COVID-19 pandemic and the employee transition to a distant work mode, the need to provide high-quality Internet to the population of Kazakhstan has increased.
Kazakh Approach to the VAT/GST for Electronically Supplied Goods and Services
In January 2022, Kazakhstan introduces the obligation on the VAT payment by foreign companies that are engaged in e-commerce with goods or provide e-services to individuals. The Law, dated 10 December 2020, No. 382-VI supplemented the Code of the Republic of Kazakhstan ‘On Taxes and Other Obligatory Payments to the Budget’ (hereinafter - the ‘Tax Code’)’ with a new ‘Section 25.  Features of Taxation of Foreign Companies When Engaging in E-Commerce with Goods, Providing E-Services to Individuals’.