A Brief Overview of Litigation Risks Which May Arise in the Course of Doing Business in Kazakhstan and the Ways to Mitigate Them
Our experience with foreign investors doing business in Kazakhstan demonstrates that foreign businesses operating in Kazakhstan may face a variety legal challenges and risks: from uncertainties in law and sometimes unreasonably bureaucratic procedures to a judicial system which is not transparent and not always predictable.
Disputes with local and national state authorities are common in the course of obtaining permits, construction, and operation of investment in Kazakhstan. Disputes with state authorities also frequently arise in connection with regulatory actions taken by various government agencies, e.g. over taxation, sanitary and epidemic regulation, foreign work permits, state audits, etc. Apart from political risks, disputes with a local partner or local third parties may arise in the course of implementation or operation of investment.