Leading firms in Kyrgyzstan

GRATA International

The Bishkek-based team at GRATA International is particularly known for its work in the banking and finance sectors, with recent experience including providing legal due diligence on key M&A matters for prominent Kyrgyz banks. The group also assists with PPPs, and matters relating to the hydropower, mining, telecoms, and pharmaceutical and health areas. Managing partner Kanat Seidaliev focuses primarily on M&A, mining, and dispute resolution and Nurlan Kyshtobaev leads the banking and finance team. Counsel Elvira Maratova is an expert in cross-border lending and leads the natural resources team. Senior associate Iskender Batyrbekov is also noted.

Practice head(s):

Kanat Seidaliev; Nurlan Kyshtobaev; Elvira Maratova

Other key lawyers:

Iskender Batyrbekov


The team is client-oriented, competitive, and easy to work with. They swiftly react to our requests and deliver good service.

When we work with Elvira Maratova from GRATA, we feel that the firm values us as a repeat client and her attitude and pricing are encouraging us to continue. She is a highly qualified professional with good soft skills and I value the caring attitude to our requests.

The firm has handled a very tough dispute related to payments and extension of our contract with a government entity we were providing services for in Kyrgyzstan. GRATA helped settle those issues and went above all our expectations when they participated in the negotiations with us. They saved the day.

Their approach was very clear on what they could do and couldn’t but would try. This was the state of mind we needed.

All my questions were answered timely and accurately with a thorough legal justification. Nurlan Kyshtobaev is able to comprehend very complex legal and business aspects of deals after only one short meeting.’

Nurlan Kyshtobaev is our main contact at the firm. His expertise is world-class in business law and negotiations. We trust him fully to talk at any level of contact and defend our interests. Nurlan creates a real relationship with its clients and goes above and beyond to solve problems. His charisma and knowledge of everything going on in Central Asia makes him the best lawyer we met in the area.’

Key clients

Toyota Motors Kazakhstan

China Development Bank

Take-Two Interactive Software, Inc

Procter and Gamble

Finca Bank

Master Card

RG Brands

Menarini Group (Berlin Chemie) AG


Kompanion Bank


Fresenius Medical Care GmbH

Haiwen Law Firm

Sucres et Denrees

Huawei Technologies

CMS Russia

BOPA Pte. Ltd.

Clyde & Co

Bird & Bird

Berry Appleman & Leiden LLP

Clifford Chance Moscow Office

Jun He Law Office

Deheng Law Offices

Dentons Beijing Office

DLA Piper

Gaopeng & Partners

Goltsblat BLP

Cascadia Corp.

Aiyl Bank

Tom Tom


Agricultural Bank of China

Bishkek City Development Agency

Blue Orchard

Astellas Pharma Europe, BV

Fox Networks

Herbert Smith (CIS)

Otto Group Russia

European Bank for Reconstruction and Development

Russian-Kyrgyz Development Fund


Burford Capital

TCX Fund

Eurasian Machinery

Mol Bulak Finance

Detsky Mir

Ciftay Insaat Taahhut ve Ticaret A.S.

IRZ – German Foundation for Legal C

Work highlights

  • Advised the Asian Development Bank on conducting an analysis of the legal framework regarding PPP legislation concerning hydropower properties.
  • Assisted ACDI/VOCA with conducting legal research into the current banking laws and regulations to identify opportunities to fit variable payment obligations into the product range of financial institutions without reforms in legislation.
  • Advised the European Bank for Reconstruction and Development on establishing the Institute of Business Ombudsman in the Kyrgyz Republic.

Kalikova & Associates Law Firm

The full-service team at Kalikova & Associates Law Firm is particularly experienced in business and the public law. It has established itself as a key provider for clients in banking and finance and the mining industry on a wide range of matters such as dispute resolution, PPPs, IP, and aviation. Managing partner Aicholpon Jorupbekova leads the exploration and mining practice. She works alongside the head of the taxation group Maksim Smirnov, who focuses primarily on M&A, tax, and antitrust and labour law. Senior associate Shuhrat Akhmatakhunov advises on energy, mining, and exploration matters.

Arte Law Firm

The team at Arte Law Firm has established itself as a key destination for IP law; however, in recent years it has also expanded its practice to advise on a range of IT-related matters for consumer goods companies, hotels, and companies operating in the field of civil aviation. It is also quite active in commercial disputes. Aisulu Chubarova assists with corporate and M&A, project finance, tax, and customs. Omurgul Balpanova specialises in advising NGOs and pharmaceutical companies on employment law.

Centil Law

The team at Centil Law predominantly focuses on advising international corporations from Russia, the CIS region, and China, as well as acting as local counsel on matters relating to banking and finance, mining, M&A, and general corporate and commercial matters. Denis Bagrov specialises in infrastructure and mining; Kerim Begaliev leads on trade and commerce; and banking head Zhanyl Abdrakhmanova also leads on arbitration and mediation matters. The team has seen a recent increase in instructions related to contentious work.

Practice head(s):

Denis Bagrov; Kerim Begaliev; Zhanyl Abdrakhmanova

Key clients

Reemtsma-Kyrgyzstan OJSC

JTI Kazakhstan LLP

Ajanta Pharma Limited

LC Waikiki Retail KG

Mazars Audit Company

Imperial Tobacco


Work highlights

  • Advised Azarga Resources on regulatory, licensing, taxation and other legal matters with respect to a uranium mining project in Kyrgyzstan.
  • Advised Slast LLC on the sale of a unique commercial property in the Bishkek area.
  • Advised Reemtsma-Kyrgyzstan OJSC on the disposal of the New and Old Tobacco Factories under the liquidation process of Reemtsma-Kyrgyzstan that commenced in 2014.

Consensus Law Bureau

Consensus Law Bureau advises medium-to-large international businesses investing into Kyrgyzstan and has made a name of itself working on major real estate and construction matters. Director Elena Babitskaya is an expert in general corporate, banking, and real estate law, with particular experience in the construction and energy sectors. Lola Feigina is a key name for corporate and employment matters for clients in the energy sector.

Veritas Law Agency

Veritas Law Agency has established itself as a specialist in the banking and arbitration areas, and in recent years various team members have acted as independent experts in banking law in Kyrgyzstan for international arbitrations. Other work includes assistance with M&A, IP and TMT and matters in the oil and gas sector. As a consequence of the Covid-19 pandemic, the team has seen an uptick in instructions relating to default disputes. Managing partner Elena Bit-Avragim is an expert litigator and specialises in commercial, banking, and securities law.

Practice head(s):

Elena Bit-Avragim

Key clients

Philip Morris Kazakhstan LLP

Dos LTD Group Companies

American University of Central Asia

Inter Finance Group Microcredit Company

Training Center of the Chamber of Tax Consultants

Magic Box Company LLC

Optima Standard LLC


ALTO Company

AiTek Park LLC