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’.
M&A - due diligence from an employment law perspective
Issues that are identified during an employment due diligence can have a crucial impact on the business transaction as during M&A the buyer also acquires the human capital of the target company. Human capital is considered an intangible asset of the company.
06.08.2021
Conducting business with companies from offshore zones provides for additional obligations for Belarusian counterparties and requires certain control.
Mining Mongolia 2021
Mongolia is a country with a rich mineral resources, which is a attractive environment for foreign direct investment, and the Government of Mongolia is dedicated to attract more foreign investment and use all of its mineral resources. As shown in the diagram, 70 percent of foreign investment is in the mining sector, and the remaining 30 percent is in trade, food, banking and financial service, and other sectors.
The legal regulation of cryptocurrency and digital mining in Kazakhstan
Today, cryptocurrency and digital mining are attracting more interest from investors. At the same time, digital mining is expensive and risky business, which has become complicated by the different approaches of states to the legal regulation in this industry. Therefore, investors need to learn the project’s costs and choose a profitable jurisdiction for the implementation of their projects.
Five Things to Know About Registering Business in Tajikistan
Registering a business in Tajikistan can be a daunting task for foreign companies and individuals, as there are requirements that at first glance are not so obvious without consulting the registering authority or local law firm.