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04.08.2020
Russia denounced agreement for avoidance of double taxation with Cyprus
Implementing the instruction of the President of the Russian Federation on the adjustment of agreements to avoid double taxation (AADT) the Ministry of Finance of Russia held talks with the Ministry of Finance of Cyprus, but the agreement never came.
News in the Medicines Price Regulations and Medicines Advertising Rules
As outlined in our earlier Overview of main developments in pharmaceuticals regulations of Kazakhstan in 2019, as a result of steady dynamic of medicines prices, we observe the same dynamic in continuous changes of legislative framework governing the pricing of medicines.
03.08.2020
New rules for liquidation firm-employers
Amendments to the Labor code and the law on state registration of legal entities and individual entrepreneurs will come into force in mid-August.
28.07.2020
All are equal beore the law, but some want to be better
The Ministry of Finance may refuse to index the salaries of civil servants next year. This follows from the methodology for calculating the maximum base of Federal budget allocations for the next three years, according to RBK.
Alert. Bankruptcy in Kazakhstan
On 11 May 2020, the President of the Republic of Kazakhstan Kassym-Jomart Tokayev at the session of State Emergency Commission ordered the suspension of the initiation of bankruptcy proceedings until 1 October 2020.
23.07.2020
Out-of-court bankruptcy of citizens
In the second and third readings, a draft law was adopted on amending Federal Law No. 127-FZ “On Insolvency (Bankruptcy)”.  One of the main innovations is the out-of-court bankruptcy of the debtor.