The Legal 500

Salans LLP

135 ABYLAI KHAN AVE, 050000 ALMATY, KAZAKHSTAN
Tel:
Work +7 727 258 2380
Fax:
Fax +7 727 258 2381
Web:
www.salans.com
Email:

Languages
English
Kazakh
Russian

Other offices
Baku
Barcelona
Beijing
Berlin
Bratislava
Brussels
Bucharest
Budapest
Frankfurt
Hong Kong
Istanbul
Kyiv
London
Madrid
Moscow
New York
Paris
Prague
Shanghai
St Petersburg
Warsaw

International groupings
American Chamber of Commerce in Kazakhstan
European Business Association of Kazakhstan
INTA
Association of French Business Circles in Kazakhstan

Above material supplied by Salans.

Legal Developments by:
Salans

  • Changes in the Waste Management System

    The amendments adopted by the Parliament on July 1, 2011 to the Municipal Cleanliness and Tidiness Act bring revolutionary changes to the Polish waste management system. The Act is currently awaiting signing by the President. Once approved, the changes will become effective 12 months from the date the Act is published.
    - Salans

Legal Developments in Kazakhstan

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • FOREIGN STOCK EXCHANGE

    Hereby we inform you Article 22-1 of Law of the Republic of Kazakhstan No. 461-II dated 2 July 2003 "On securities market" was amended effective from 1 February 2012.
  • LOCAL CONTENT REQUIREMENTS: POTENTIAL LIABILITY

    Ministry of Oil and Gas for the first time to impose the fines on the companies which are in breach of local content requirements.
  • NEW IN LICENSING LEGISLATION

    In this issue we would like to draw your attention to recent amendment to the licensing rules.
  • NEW LAW OF THE REPUBLIC OF KAZAKHSTAN “ON GAS AND GAS SUPPLY”

    The new law of the RK “On gas and gas supply” # 532-IV was the first time officially published in media on 9 January 2012 and has later entered into legal force on 29 January 2012 with some exceptions to be entered into legal force later, up to 1 July 2013.
  • Service Contracts: criteria for ‘genuine’ contracts

    Focus on service contracts Recent Labor Court Decision and identification of genuine contracts Minister of Employment order Comment
  • Doing Business in Kazakhstan 2011

    Doing Business in Kazakhstan is a guide for companies operating in or considering investment into the Kazakhstan. The 2011 edition presents an overview of the legal system and business regulations in the country.
  • Recent Changes to Kazakhstan's Constitution

    Following an unusual series of disagreements between the President and the Parliament of Kazakhstan concerning the President’s term of office, the Constitution of the Republic of Kazakhstan1 was amended recently -- fully in accordance with the law - - to allow for early Presidential elections. Specifically, the Parliament proposed a constitutional amendment that would have allowed a referendum on extending the current President’s term of office. However, the President did not support extending his term of office and submitted the proposed amendment to the country’s Constitutional Council, which declared the proposed amendment unconstitutional.
  • ASSOCIATED GAS: changes introduced by Draft Law of the RK

    December 1, 2010 -- On 24 June 2010 President of the RK signed new Law of the RK «On Subsurface and Subsurface Use». One of the changes established by this Law was introduction of state ownership for associated gas. In this regard, the question remains as which state policy will our state implement in gas industry and what are the next steps to be taken further
  • Kazakhstan Amends Tax Code

    On 16 November 2009, Kazakhstan adopted certain amendments to its Tax Code (the "Tax Amendments"). Most of the Tax Amendments take effect from 1 January 2010. However, some changes are effective retroactively from 1 January 2009. The primary purpose of the Tax Amendments is to keep the current rates of the corporate income tax and the mineral extraction tax until 2012. Another objective is to simplify tax administration and clarify certain provisions of the Tax Code.
  • Formation of the Customs Union of Russia, Belarus and Kazakhstan

    Russia, Belarus, and Kazakhstan will adopt new unified customs tariff and non-tariff regulations from January 1, 2010, and the Customs Union (the “CU”) of the three countries of the Eurasian Economic Community (the “EurAsEC”) will become a reality. The CU Customs Code (the “Customs Code”) is expected to take effect from July 1, 2010 to regulate the resulting integral customs zone.