Maxim Telemtayev

Maxim Telemtayev

White & Case LLP

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New Structure of Kazakhstan’s Government

On 6 August 2014 the President of the Republic of Kazakhstan issued Decree on reorganization of the Government (the “Decree”). The Decree envisages integration of ministries or certain authorities of theirs into one...more

8/12/2014 - Government Entities Reorganizations

Increase of Export Customs Duty for Crude Oil

The Government of Kazakhstan has introduced a further increase in the rate of the export customs duty for crude oil. On 11 March 2014, the Government of Kazakhstan adopted Resolution (No. 211) (the “Resolution”)...more

3/18/2014 - Customs Exports Oil & Gas

Subsoil Use: Additional Contributions to Unified Cumulative Pension Fund

A list of the production areas, jobs and employee occupations for which employers are to make occupational pension contributions at their own expense has been approved. As of 1 January 2014, the Law “On Provision of...more

2/21/2014 - Employee Benefits Oil & Gas Pensions

Subsoil Users May Be Obliged to Finance an Innovative Technologies Park

The Parliament of Kazakhstan is considering a draft Law “On the ‘Innovative Technologies Park’ Innovation-Oriented Cluster” (the “Draft Law”) which may oblige subsoil users to finance the Fund managing the Innovative...more

2/10/2014 - Economic Development

Law on the National Chamber of Entrepreneurs

On 22 July 2013, the Law of the Republic of Kazakhstan “On the National Chamber of Entrepreneurs of the Republic of Kazakhstan” dated 4 July 2013 took effect (the “National Chamber Law”). Pursuant to the National...more

2/5/2014 - Entrepreneurs Foreign Corporations

Potential Amendments to the Kazakhstan Legal Regime for Exploration and Production of Oil and Gas

New amendments to the legal regime for exploration and production of oil and gas in Kazakhstan have been developed by a government working group. Affecting the Subsoil Use Law, the Code on Administrative Violations and...more

1/14/2014 - Energy Exploration Natural Resources Oil & Gas

New Personal Data Protection Law

On 21 May 2013, the Parliament of the Republic of Kazakhstan adopted the Law “On Personal Data” (the “Personal Data Law”), which entered into force on 25 November 2013. The Personal Data Law affects all commercial and...more

1/14/2014 - Cybersecurity Data Protection Personally Identifiable Information

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