The AIFC provides a favourable environment for companies registered there. It aims to attract investment in the Kazakhstan economy, develop local capital markets and engender the production of goods and services. As of 8...more
The rules for taxation of dividends in respect of shares that are included in the official listing of a stock exchange in Kazakhstan will significantly change as of 1 January 2023....more
Dechert’s International Capital Markets team analyzes some of the practical considerations that Kazakhstan banks should take into account when considering offering their securities domestically and internationally....more
The amendments came into force in July 2020 and are generally positive for market participants, particularly for issuers considering cross- and dual-listings....more
With the backdrop of the Government of Kazakhstan’s announced privatisation programme, Dechert’s London- and Almaty-based International Capital Markets team examines recent developments in Kazakhstan capital markets, as well...more
Kazakhstan has sought to position itself as the “Dubai of Central Asia” since the advent of the so-called “Dubai model” over a decade ago, with its capital Astana figuring as a global financial hub connecting Western Europe...more