Publications

Despite the fact that Mongolian legislation provides for a wide range of legal forms of commercial entities (limited liability company or LLC, joint-stock company or JSC and joint venture), in practice, private businessmen and foreign investors mostly prefer LLC or JSC. Representative office of foreign legal entities is also common

Land relations can be a crucial issue for foreign investors considering whether or not to start a business in a particular country. Let us provide you with a summary of land legislation of Belarus and the opportunities it offers for business.

On 29 August 2018, the Administration of Almaty (Almaty Mayor’s Office) has officially announced the public tender for participation in PPP project for development of design specification, construction, commissioning, financing, operation and technical maintenance of Almaty Light-Rail Transportation System (the “Project”).

The Law on Amendments Intended to Improve Business Conditions(the “Business Improvement Law”) came into effect on 12 March 2017, except certain provisions.
The purpose of the Business Improvement Law is to further improve the investment climate in line with the general policy of the country to support local entrepreneurs and foreign investors.

In July and August 2018, the Federal Laws were signed aimed to expand:
- measures of property support for small and medium businesses;
- criteria to qualify as small and medium business entities.

The Federal Law dated 03 August 2018 No. 290-FZ “On International Companies” (“Law No. 290-FZ”) defines the legal status of international companies - an economic organisation with the status of an international company registered in the Unified State Register of Legal Entities (USRLE) in connection with the change of a personal law by a foreign legal entity by way of redomiciliation, specific features of its activities, reorganisation and liquidation, as well as the recording and exercising of rights to its securities.