News

News 1 - 39 of 579
First | Prev. | 1 2 3 4 5 | Next | Last All

19.04.2018

More free economic zones were created in Uzbekistan

Uzbekistan is becoming more open to investment and foreign investors. Only in the last month, two more free economic zones were created.

19.04.2018

In Uzbekistan 42 licensing and permitting procedures are going to be abolished

In Uzbekistan, starting from June 1, 2018, licenses will be issued for an unlimited period, except for those related to drug trafficking, psychotropic substances and precursors, as well as cellular communication, radio and television broadcasting. This is stipulated by the decree of the President of Uzbekistan Shavkat Mirziyoyev from 11.04.2018 No. PD- 5409, on the reduction and simplification of licensing and permitting procedures.

19.04.2018

Concept of tax reform for 2018-2020 published for public discussion in Uzbekistan

National Project Management Agency under the President of the Republic of Uzbekistan prepared a draft concept on radical reform of the tax system. The document envisages reducing the tax burden, the VAT rate, unification and cancellation of a number of taxes and mandatory payments, as well as measures to improve tax administration.

19.04.2018

Uzbekistan: insurance market overview

Insurance functions as a tool to optimize financing process of recovery of the resources lost as a result of random events and by this insurance considerably decreases financial load to the budget of the state. Insurance aids to avoid also such serious macroeconomic problems as the growth of the public expenditures and the budget deficit which is an inflationary factor. The subject of the current state and development of the insurance market in Uzbekistan remains relevant today.

11.04.2018

Can Kazakhstan tap Islamic Finance to become a regional Islamic Finance hub?

As the Central Asia’s largest and richest country, with a Muslim-majority population of around 18 million people, Kazakhstan wants its local Islamic banking industry, as an alternative source of capital for SMEs, to reach 3-5% of its total banking assets by 2020 from 0.08% in 2015.

30.03.2018

Checking the Russian counterparty before the transaction

In Russia, on the participant of legal relations is entrusted serious risks associated with the manifestation of due diligence and prudence, which are often a condition for the subsequent protection of rights before state bodies and courts, including in disputing transactions.

29.03.2018

Easier business for construction companies

This is related to the Decree No. 7 as well. The Government has recently shortened the list of construction activities subject to “attestation” (it is like certification, but different from the previous news item). A lot of “simple” construction works were eliminated from the list, like design works, doors and windows installation etc. So a lot of small construction companies that perform just internal works will be able to perform their activities without the special certificate. This is mostly interesting for the companies whose special certificate is going to expire soon. You do not need to prolongate it.

29.03.2018

Easier certifications rules are introduced

Long can we talk about the innovations of the Decree No. 7. In this month we would like to describe the simplified certification procedure for works and goods, as the new documents in this sphere were adopted in March. They are not fundamental, however, they make the procedure easier, more comfortable for the applicant.

28.03.2018

Kaisar Yegizbayev gave a lecture at the Caspian University

Kaisar Yegizbayev is a lawyer at the Tax law department of GRATA International. He gave a guest lecture to Caspian University students on the 'BEPS. OECD actions against aggressive tax planning'.

27.03.2018

New Code on Subsoil and Subsoil Use for mining companies

On 27 December 2017, Kazakhstan adopted a new Code on Subsoil and Subsoil Use for mining companies (the “Code”) to come into force six months after its official publication. The Code will replace the current Law on Subsoil and Subsoil Use dated 24 June 2010 save for a limited number of provisions applicable to those subsoil users that will keep their subsoil use contracts without transitioning to relevant subsoil use licences.



27.03.2018

Shaimerden Chikanayev will be a moderator at the English Law Summit

From 23-25 April 2018 the English Law summit, organised by the Law Society (UK) in partnership with the Bar Council (UK), the UK Ministry of Justice and the British Embassy in Astana will take place in Astana and Almaty.

26.03.2018

Registration of medicines in the Eurasian Economic Union

At the Pharmaceutical Forum of the EAEU and CIS countries held in Moscow in late February 2018, the Director of the Department of Technical Regulation and Accreditation of the Eurasian Economic Commission (EEС) said that the full-scale work on registration of medicines using the unified information system of the Eurasian Economic Union (EAEU) will start upon its launch scheduled on the first half of 2018. Currently, the integration segment of this system is ready, and the work to prepare national segments in each state of the EAEU is underway. Representatives of the regulatory authority of Kazakhstan reported that the first applications for registration of medicines under the unified EAEU rules had already been submitted, and representatives of the Belarus regulator confirmed their readiness to accept such applications.

26.03.2018

Requirements for import of drugs into Ukraine are changed

On March 1, 2018, changes in The License Conditions for the Implementation of Economic Activities for the Production of Drugs, Wholesale and Retail Trade of Drugs, and the Import of Drugs (other than Active Pharmaceutical Ingredients) in the part provided for in the Decree of the Cabinet of Ministers of Ukraine No. 929 dated November 30, 2016, will come into force.

26.03.2018

Amendments in the List of Drugs Prohibited for Advertising

The List of Drugs Prohibited for Advertising, Which Are Released Without a Prescription with amendments added in accordance with the Order of the Ministry of Health of Ukraine № 1408 (dated February 14, 2017) comes into force on February 16, 2018[1].




[1] http://zakon0.rada.gov.ua/laws/show/z1948-12/ed20180116

26.03.2018

The Law of Ukraine "On feed safety and hygiene" was returned to the Parliament with the signature of the President of Ukraine

On January 18, 2018, The Law of Ukraine "On feed safety and hygiene" No. 2264-VIII dated December 21, 2017, was signed by the President of Ukraine, and returned to the Parliament of Ukraine. The Law will come into force in stages until fully in 2020.

26.03.2018

The List of Types of High-Risk Work and Machinery (Equipment) was reduced

The Resolution of the Cabinet of Ministers of Ukraine "On Amendments to Decrees of the Cabinet of Ministers of Ukraine No. 725 dated August 25, 2010, and No. 1107 dated October 26, 2011" came into force on February 8, 2018.

26.03.2018

The procedure for using budget funds for the development of the coal industry

On February 7, 2018, the Cabinet of Ministers of Ukraine adopted a decision "On Approving the Procedure for Using Funds Provided in the State Budget to Implement Measures to Ensure Domestic Production of Coal Products and Further Reforming the Public Sector of the Coal Industry."

26.03.2018

Procedure for using the resources of the Energy Efficiency Fund

On February 7, 2018, the Decision of the Cabinet of Ministers of Ukraine came into force.

26.03.2018

Free Permissions in the field of nuclear energy

The Decision of the Cabinet of Ministers of Ukraine from December 27, 2017 No. 1064 was amended in:

22.03.2018

The Law of Ukraine "On Limited and Additional Liability Companies" was adopted

On February 6, 2018, the Parliament of Ukraine adopted the Law of Ukraine "On Limited Liability Companies" (project No. 4666 dated May 13, 2016), which changes the procedure for registration and management of these types of companies.

22.03.2018

President signed the Corporate Contracts Act

On February 15, 2018, the President of Ukraine signed the Law of Ukraine "On Amendments to Certain Legislative Acts of Ukraine Concerning Corporate Agreements" (Project No. 4470 of April 19, 2016), which introduces in the domestic legislation provisions on the conclusion of corporate contracts - agreements on the exercise of the rights of participants (founders) of a limited liability company and agreements between shareholders[1].



GRATA International took part at the Bonds, Loans & Derivatives Russia & CIS 2018 event

The event that was held on February 27th, in Moscow (Russia) attracted 456 senior level decision makers, who came together to discuss the opportunities in the Russian & CIS capital markets industry. 

17.03.2018

GRATA International was for the third time conferred with the award "Contributor With Most Reader Response In Russian Federation" by Mondaq

During the Month of February 2018 GRATA International (Russian Federation) generated the most usage from Mondaq users for the  category of commercial law.

16.03.2018

Yerzhan Yessimkhanov held a seminar on the Application of international forms of FIDIC construction contracts

On 16 March 2018, a seminar on the Application of international forms of FIDIC construction contracts was held by Yerzhan Yessimkhanov, Partner and Director of Transport, Telecommunication, Construction and Infrastructure practice of GRATA International.

13.03.2018

Was 2017 another difficult year for Kazakhstan?

In this article, SHAIMERDEN CHIKANAYEV outlines some of the key legal developments and challenges faced by the Islamic finance market in Kazakhstan in 2017 and provides an overview of some of the major factors that will shape the Islamic finance industry's growth and trends in Kazakhstan in 2018. 

20.03.2018

Gulnur Nurkeyeva will speak at the China Enterprises Going Global Risk Conference

On 20-21 of March 2018, in Zhuhai, China the China Enterprises Going Global Risk Conference will be held for Chinese transnational companies, organised by the China Industrial Overseas Development Association. 

20.02.2018

Uzbekistan review - market opportunities 2018

Uzbek government continues its strive to transform country's legislation and make Uzbekistan more open to foreign investment and international trade.  With the addition modern-thinking specialists to the management in the state authorities, alongside with radical legislative improvements in legislation, directed to full-scale liberalisation, increasing trade turnover and development of local industry, attracting foreign investors, full transfer to market economy and overcoming such obstacles as corruption, restrictions for payment on current international transactions, tariff and non-tariff barriers, the prospects of Uzbekistan are becoming increasingly more attractive for global businesses. 

15.02.2018

GRATA International became a Mondaq Contributor With Most Reader Response In Russian Federation

During the Month of January 2018 GRATA International (Russian Federation) generated the most usage from Mondaq users for the  category of commercial law.

08.02.2018

GRATA International attended the international conference 'Intellectual Property in the New Technological Order'

Yana Dianova, Director of the Corporate and Commercial Law Department (GRATA International, Moscow) and Timur Berekmoinov, a patent attorney (GRATA International, Almaty) took part in the international conference 'Intellectual Property in the New Technological Order'.

07.02.2018

Upcoming Changes in Foreign Exchange Legislation: branches of foreign companies’ settlements will be converted into Tenge

In keeping with GRATA’s practice of informing clients of important legal developments that might influence their business, we would like to draw your attention to some important upcoming legislative developments regarding the foreign exchange regulation and foreign exchange control.

31.01.2018

Building a regional network of a consulting firm or the largest network of lawyers and litigation attorneys in Kazakhstan

Samat Daumov, Managing Partner, GRATA International, shares the firm’s experience in building a regional network of a consulting firm or the largest network of lawyers and litigation attorneys in Kazakhstan.

30.01.2018

GRATA International in Who's Who Legal: Mining 2018 issue

We are glad to announce that Aidar Sarymsakov and Akhmetzhan Abdullayev, Senior Partners, Saule Akhmetova and Almat Daumov, Partners have been identified as key legal experts in Mining field among 11 legal experts in Kazakhstan in Who's Who Legal: Mining 2018 issue.

31.01.2018

Marina Kahiani will speak on the round table Doing Legal Business in Kazakhstan

On 31 January 2017, the Law Society is hosting a breakfast round table with experts from the region and experienced practitioners to discuss the current business climate, growing business areas, and new investment opportunities for law firms and their clients, in particular in relation to the AIFC.

18.01.2018

What to expect from the amendments in land legislation?

On 29 November 2017 the deputies of the Mazhilis of the Parliament of the Republic of Kazakhstan approved in the first reading draft law "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan Regarding Regulation of Land Relations" (hereinafter referred to as the "Draft Law"), developed following the work of the Commission on Land Reform.

18.01.2018

New Tax Code

On 1 January 2018 new Tax Code came into force in Kazakhstan. This Tax Code is set to stimulate growth of small and medium-sized businesses and strengthen Kazakhstan’s financial sector. The principle of good faith was also introduced: all the ambiguities and inaccuracies of the Tax Code are interpreted in favour of entrepreneurs. 

16.01.2018

Kazakhstan: New user identification requirements "further regulate social relations"

It has shown a particular interest in  the  Law of 28 December 2017 No. 128-VI on Introducing Amendments and Additions to some Legislative Acts of the Republic of Kazakhstan on Information and Communication ('the Law'), which, among other amendments, requires website operators to collect identification data of website users who post comments on such websites. 

GRATA International commented on the following questions:

1- What is the background to the Law, and the Kazakh government's reason for introducing it?

2- Which types of companies will be affected by the provisions with regard to i) identifying website users ii) retaining user data? How is this likely to affect the operation of websites, and their users? 

11.01.2018

Kazakhstan has ratified the Convention on avoidance of double taxation with Ireland

On 29 December 2017 the Republic of Kazakhstan has ratified the Convention on avoidance of double taxation with Ireland[1] and the Protocol thereto (hereinafter – the ‘Convention’).


11.01.2018

Изменения в российском законодательстве в 2018 году

Команда юристов GRATA International в России подготовила обзор наиболее важных изменений в законодательстве Российской Федерации, вступающих в силу в 2018 году. 

11.01.2018

ICOs go legal in Belarus: what the Hi-Tech Park 2.0 can offer the IT industry

Belarus adopted the revolutionary legal framework for IT companies and blockchain enthusiasts. The President’s Decree on Digital Economy comes into force on March 28, 2018.


News 1 - 39 of 579
First | Prev. | 1 2 3 4 5 | Next | Last All