The Legal 500

GRATA Law Firm

OFFICE 15, BESTAU HOTEL, AKSAI 090300, KAZAKHSTAN

What we say about the firm's legal practice in Kazakhstan

Legal market overview

Within Legal market overview, GRATA Law Firm is a second tier firm,

Major international clients report that at Grata Law Firm the ‘overall level of service is excellent; more particularly, its timely delivery and good knowledge of local legislation and industry specifics’. This sizeable full-service, Kazakhstan-based firm has operations across Central Asia and the Caucasus, a network that is appreciated by its predominantly international client base, although the departures of several team members to newly formed breakaway Colibri Law Firm did see several well respected partners leave the firm’s network. It has particular expertise in banking and finance, subsurface use industries and projects, and is handling increasing volumes of disputes. It advised on IFC’s purchase of a 10% stake in Centercredit Bank, and on Punjab National Bank’s acquisition of 63% of Dana Bank. It is local counsel on the Ekibastuz HPP 2 power plant reconstruction. Other regular clients include EBRD, Lufthansa, and Procter & Gamble Kazakhstan. The team is on a ‘very good professional level’, and delivers ‘in-depth legal analysis and excellent price/quality ratio’. Samat Daumov is ‘an experienced and very reliable lawyer’, Assel Ilyassova is ‘a very good expert in tax matters’, and Rashid Gaissin is also recommended. Akhmetzhan Abdullayev, Tlek Baigabulov, and Aidar Sarymsakov are the senior partners. Counsel Maksim Grekov joined from White & Case Kazakhstan LLP in October 2011.


Further information on GRATA Law Firm

Please choose from this list to view details of what we say about GRATA Law Firm in other jurisdictions.

Kazakhstan

Offices in Almaty, Astana, Aktobe, Atyrau, Aktau, and Aksai

Legal Developments by:
GRATA Law Firm

  • Review of the new law on subsoil and subsoil use

    The draft law combines the principles of the Law of the RK in effect on ”Subsoil and Subsoil use” of January 27, 1996 (further the Law on Subsoil) and the Law of the RK on “Oil” of June 28, 1995 (further the Law on Oil), and involves the provisions and requirements of certain governmental resolutions and other delegated legislation.
    - GRATA Law Firm

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.