19.05.2023
Over the past years, there has been a significant rise in the number of players in the global project finance markets, as lenders and sponsors from diverse regions across the globe have entered the fray, and such trend rendered the knowledge about the global practices of project finance more crucial than ever
Franchise Framework in Kazakhstan
Franchising has been used as a route to the Kazakhstan market by overseas businesses since the 1990s when brands such as Coca-Cola, Adidas and InterContinental appeared on the market. Over the past years, the country’s strong economic growth and rising household incomes have prompted other foreign franchisors to turn their sights on the country, quickly becoming a leading market in Central Asia.
A draft of the rules on determination of the digital assets value
A draft of the Joint Order ‘On approval of the rules on determination, publication of digital assets value and assets list was published on the web-site of the publicly available legal acts on 19 April 2023.
Towards a Common Gas Market: The Reform and Integration of the Domestic Natural Gas Markets of the Eurasian Economic Union
Shaimerden's article explores progress made by the Eurasian Economic Union (EAEU) in designing and implementing its common gas market and examines the different attitudes of Russia and Kazakhstan to the reform of their domestic gas markets, and the effect of such reforms on the energy security and energy transition in this region
Changes in the Tax Code of the Republic of Kazakhstan
The law on the amendments to the Tax Code of the Republic of Kazakhstan was published on 22 December 2022. Below you may find the most significant amendments introduced by this law. These amendments with few exceptions have come into effect on 1 January 2023.
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.
Advertising and promotion of medicines and medical products
GRATA International’s specialists of the Pharmaceuticals & Healthcare sector released the product on “Advertising and promotion of medicines and medical products” in the following countries: Belarus, Georgia, Kazakhstan, Moldova, Mongolia, and Uzbekistan.
Subsoil use contracts for “complex” projects
On 24 November 2022 Senate of the RoK Parliament has approved draft amendments to the Code of the Republic of Kazakhstan “On Subsoil and Subsoil Use”
10.11.2022
Kazakhstani legislation regulates insolvency of legal entities and individual entrepreneurs. Insolvency of private individuals has been considered by local legislators since 2014 but has not yet been introduced.
Public-Private Partnership as a Legal Concept and its Features in the Civil Law of the Russian Federation and Central Asian Countries and Issues Related to Due Qualification of the Public-Private Partnership Contract
Research Institute of Private Law of Caspian University and Kazakhstan International Arbitration published the second issue of the collection of scientific papers "Actual problems of private law" edited by M.K. Suleimenov. The collection includes an article by Chikanaev Shaimerden titled "Formation and development of the institute of public-private partnership in the civil law of Central Asian countries and Russia.