An increasing number of citizens seek court protection of their rights every year and appeal court’s decisions.
Arbitration courts settle contractual or property disputes, among others. It may be advisable in some circumstances to opt for arbitration as it is confidential in contrast to court procedures and gives the parties chance to choose their arbitrators.
Organisations and companies from different countries generally believe that arbitration is preferable to court proceedings. Arbitration is a way to resolve disputes by an impartial arbiter in accordance with voluntary arrangements between the parties.
International commercial arbitration is the main mechanism for dealing with international trade, economic, scientific, technical and other forms of disputes which arise in connection with failure to perform or improper performance of contractual obligations or its different interpretation by the parties.
Only a qualified lawyer who both knows theory and is also an excellent practitioner will be able to guarantee successful resolution of any arbitration dispute.
• Representing a large European bank in international arbitration in Kazakhstan;
• Representing a subsidiary of a large German supplier of natural gas in international arbitration initiated at the Kazakhstani International Arbitrage;
• Representing a Ministry of Kazakhstan in pre-arbitration settlement negotiation with a foreign supplier;
• Representing an international airport in international arbitration in Kazakhstan in a dispute with a foreign airline;
• Representing a foreign investor in international arbitration seated in Kazakhstan in a dispute over the ownership of shares in a Kazakh mineral producing company;
• Representing clients in a number of international arbitrations with their seat in Kazakhstan.
• Representing a Russian company engaged in the goods production in the court authorities of the Republic of Uzbekistan in respect of the recognition and enforcement in Uzbekistan of the award of International Commercial Arbitration Court at the CCI of the Russian Federation under the claim against an Uzbek company for recovery of the debt of over 400,000 US dollars.
• Representing a Ukrainian trade company in court authorities of the Republic of Uzbekistan on the enforcement of a court decision in Uzbekistan on recovery of the debt of over 1 million US dollars.
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CAREC 2017 Energy Investment Forum (EIF) was held on 18-19 July 2017 in Astana, Kazakhstan.
Kazakhstan's 2020 Strategic Development Plan states that the use of renewable resources and energy sources is an effective method to diversity the country's economy. Kazakhstan is therefore creating incentives to develop wind power, solar and geothermal energy, and to introduce new technologies that will effectively use the country's water resources to provide the population with drinking water.
Please be advised that on 27 June 2017 the regulation on the Appeal commission of the Ministry of finance of the Republic of Kazakhstan, which will be operating from 1 July 2017, was officially published.
On 29 June 2017, Almaty hosted a seminar for business circles and businessmen of the EU and Kazakhstan on the BPCA, results of a preliminary analysis of the implementation of certain chapters and the provisions of Section III 'Trade and Business', and the opportunities open for business, as well as the key issues, which are on the way to effective performance of the broader partnership and cooperation agreement (BPCA) between the Republic of Kazakhstan, European Union and the EU member states.
On 10 June 2017, the International Specialised Exhibition 'Astana EXPO-2017' was launched.
On 14 June 2017, the Kazakh-Austrian Economic Forum and the Vth meeting of the Kazakh-Austrian Business Council was held in Astana as a part of the national day of Austria at EXPO Astana 2017.
Register of entrepreneurs (hereinafter – the ‘Register’) is a main electronic data source on all types of entrepreneurs. The procedures of maintenance and use of the Register are regulated by the respective rules.The Register is formed by the Ministry of national economy of the Republic of Kazakhstan.
The 10th Astana Economic Forum was held in the Palace of Independence, Astana on 15-16 June 2017.
In 2015, a new pricing mechanism for construction projects was approved in the Republic of Kazakhstan.
Keeping GRATA’s practice of informing clients on important legal developments that might influence their business, we would like to draw your attention to some important legal changes regarding implementation of construction projects.
The Agreement on benefits and exemptions for official participants connected with performance of the International specialized exhibition EXPO-2017 in Astana, the Rules on performance of tax obligations by persons entitled to benefits and exemptions in accordance with the Agreement, effective 17 June 2017, as well as the Rules on application of special customs procedure provide for separate tax and customs regimes for EXPO-2017 participants.
Darya Ryapissova and Ibragim Kouky, lawyers at GRATA International, participated in seminars on FIDIC Contracts (International Federation of Consulting Engineers).
In Strategic Development Plan of the Republic of Kazakhstan until 2020, it is noted that one of the directions for successful diversification of the economy is the introduction of modern technologies based on renewable resources and energy sources.
Please be informed that the State revenue committee of the Ministry of Finance of the Republic of Kazakhstan (hereinafter – the ‘Committee’) provided a clarification in its Letter
on refund procedure of excess value added tax (hereinafter – ‘VAT’) within the framework of risk management system (hereinafter – ‘RMS’).
The Decision No. 46 dated 11 May 2017 of the College of the Eurasian economic union introduced changes to the ‘Procedure of introduction of amendments and (or) additions to the declaration on goods’.
On 10 June 2017, EXPO exhibition opens doors to its visitors.
This International Specialised Exhibition (EXPO-2017) to be held in Astana is one of the key national projects of Kazakhstan.
On 25-26 May 2017, the International "Astana Mining & Metallurgy" Congress & Expo took place, which is held for the eighth time.
On 19 May 2017, the Legal Forum for Dispute Settlement was held in Astana hotel 'Kazzhol'. The event was arranged at the initiative of 'Atameken' National Chamber of Businessmen and Lincoln Brown law firm.
On 19 May 2017, GRATA International arrange a workshop for KazMunaiGas titled: 'Corporate Law and Corporate Governance in Joint Stock Companies'.
On 24 May 2017 in Almaty, Kazakhstan English Law Day Forum was held.
The firm celebrates its 25th anniversary.
During the seminar, Assem Tnalina, Senior Lawyer of GRATA International, commented on investment and business opportunities in Kazakhstan, including corporate and tax regulations and work permits.
Continuing rapid development in Russia, GRATA International is glad to announce the launch of a new associate office in Saint Petersburg
GRATA International Kazakhstan office experts became the contributors of the 2017 edition of The International Comparative Legal Guide to: Data Protection published by Global Legal Group Ltd, London
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