Remote work (including remote work of foreign workers)
The interaction of the employee and the employer in the conditions of remote work in many jurisdictions is already a very familiar phenomenon. In the context of the COVID-19 pandemic and the gradual transition of labour relations to the digital space, remote work has become the universal response of employers and employees to the external and internal challenges of 2021.
Public-Private Partnerships in Kazakhstan: Evolution of the Government Policy and Reality of PPP Deployment
This article examines PPP development in Kazakhstan from 1991 to the time of writing. Article reviews evolution of the PPP legislation and approaches used to develop a PPP-enabling environment in order to draw lessons for the country’s future policy. This article describes evolution of the PPP concept in the country and provides analysis of gaps and deficiencies in the current PPP policy and legislation.
21.06.2021
The information herein is based on theoretical and practical information available as of April 2021. The content of this publication is intended for foreign businessmen and companies seeking to do business in the Republic of Kazakhstan.
Alert on the amendments to Kazakhstani legislation on the security of subsoil users’ relinquishment obligations
Kazakhstani legislation requires subsoil users or persons applying for solid minerals exploration right to provide security (“Security”) for the obligations on liquidation of consequences of subsoil use operations (“Relinquishment obligations”).
The Banking Regulation Review: Kazakhstan
Kazakhstan chapter of the twelfth edition of The Banking Regulation Review which considers high-level insight across the legal and regulatory requirements applicable to banks.
Domestic gas market regulatory reform
On 26 January 2021 Kazakhstan’s President, Kassym-Jomart Tokayev, held an Extended Session of the Government at which he stated that the domestic natural gas market is still over-regulated, which hinders increasing the resource base, investment in geological exploration, and construction of gas processing facilities.
Special Retail Tax Regime of 3%
From 1 January 2021, a number of changes provided for by the Law come into force. Thus, a new Chapter 77-1 of the Tax Code entered into force, which contains provisions on the application of the special retail tax regime (SRTR), which will be an alternative to CIT or IIT for businessmen.
New Environmental Code in Kazakhstan
What shortcomings the current Environmental Code has? Why was a new Environmental Code needed?
19.02.2021
This is to inform you that on 19 December 2020, the Law of the Republic of Kazakhstan ‘On the Introduction of the Amendments to Some Legislative Acts of the Republic of Kazakhstan on outstaffing services’ (hereinafter – the ‘Law’). Pursuant to the Law, the Labour Code of the Republic of Kazakhstan
Investment Tax Credit
On 1 January 2021, a number of changes in the tax legislation came into force , which are aimed at improving the investment climate. One of thу important changes is the introduction of provisions on an investment tax credit granted to taxpayers (hereinafter - the ‘ITC’).