Aset Shyngyssov

Aset Shyngyssov

Morgan Lewis

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New Kazakhstan Permits and Notifications Law

The provisions that relate to permits and licenses were recently consolidated into one legislative act. In November 2014, the Permits and Notifications Law of 16 May 2014 (the New Law) will take effect in Kazakhstan....more

8/27/2014 - Amended Legislation Licenses New Legislation Permits

Kazakhstan’s Law on Legalisation of Property

Legalisation allows release from liability and legitimises the turnover of property. The Law on Amnesty of Kazakhstan Citizens, Repatriates (Oralmans), and Individuals Having Kazakhstan Permanent Residence Permit in...more

8/27/2014 - Permanent Residence Cards Real Estate Transfers Repatriation Transfers

Draft Amendments to the Kazakhstan Tax Code

The proposed amendments will affect dividends, capital gains, and VAT. A draft law amending the Kazakhstan Tax Code was introduced in July 2014 (the Draft Law). Currently, the Draft Law is being considered by business...more

8/27/2014 - Corporate Taxes Policy Drafting VAT

Kazakhstan National Bank Tightens Banking and Price Manipulation Rules

The amendments aim to strengthen the requirements for banks’ net equity and charter capital as well as the price manipulation restrictions....more

8/20/2014 - Banking Sector Banks Price Manipulation

New Kazakhstan Law on Trade Unions and Amendments to the Labour Code

Under the new law, trade unions are limited and monitored. New Law No. 211-V of the Republic of Kazakhstan on Trade Unions, dated 27 June 2014, (the Law) has been adopted in Kazakhstan. The Law came into force on 11...more

7/23/2014 - New Regulations Union Membership Unions

Kazakhstan’s New Rehabilitation and Bankruptcy Law

The new law extends the grounds for shareholders’ liability and invalidation of transactions. On 26 March 2014, the new Rehabilitation and Bankruptcy Law (the New Law) took effect in Kazakhstan. The New Law supersedes...more

7/2/2014 - Bankruptcy Reform Commercial Bankruptcy Liability Shareholders

Kazakhstan Amends Legislation to Improve the Investment Climate

The amendments offer an incentives package for new projects in industries of prime importance. The Law on Amendments to Certain Legislative Acts of the Republic of Kazakhstan to Improve the Investment Climate (the Law)...more

6/23/2014 - Corporate Taxes Foreign Investment New Amendments

Kazakhstan Amends Public Procurement Rules

New rules may affect business activities conducted with state entities. On 18 January, the president of the Republic of Kazakhstan signed the law “On amendments to some legislative acts of the Republic of Kazakhstan on...more

3/4/2014 - Procurement Guidelines

Medical Malpractice Liability: Kazakhstan Law and Practice

Liability for medical malpractice in Kazakhstan remains poorly regulated. The Kazakhstan healthcare system has recently undergone a crucial transformation, with pending reforms designed to improve the quality of...more

2/7/2014 - Healthcare Professionals Medical Malpractice Professional Liability

Kazakhstan Adopts Personal Data Protection Law

New law broadens the requirements for protecting personal data and imposes new penalties for the improper collection and processing of personal data. ...more

7/4/2013 - Data Collection Data Protection

Kazakhstan’s Bankruptcy Law Overhaul

Key changes proposed in the new Rehabilitation and Bankruptcy Law affect involuntary petitions for bankruptcy, invalidations, trustees' avoidance powers, debtors' dissolution, and priority of claims....more

4/1/2013 - Creditors Debtors Middle East Proposed Legislation

Amendments to Kazakhstan’s Registration Law

Key changes affect the registration and re-registration of legal entities in Kazakhstan. ...more

2/14/2013 - Applications Legal Entities Limited Liability Partnerships Liquidation Location Changes Registration

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