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Kazakhstan's currency control framework permits cross-border financing in tenge without structural barriers, relying on registration and reporting rather than regulatory approval.

Kazakhstan's new Banking Law introduces a comprehensive two-tier licensing system, Islamic banking windows for traditional banks, and a sophisticated bank insolvency resolution regime that fundamentally alters creditor protections and shareholder rights.

Kazakhstan's unique legal framework treats aircraft as movable property subject to immovable registration requirements, creating a hybrid regime that significantly impacts aviation financing structures.

GRATA International experts from Kazakhstan and Kyrgyzstan have contributed to the Global Project Finance Guide 2026...

The Government of Mongolia concludes an investment contract with an investor who intends to invest more than MNT 500 billion, based on the investor's request and for the purpose of ensuring a stable business environment.

Lawyers of the banking and finance practice of GRATA International are pleased to provide you with a brief overview of the main changes in the legislation of the Republic of Kazakhstan in 2025 that may affect your business.

Foreign companies and individuals applying to government authorities or courts of the Republic of Kazakhstan often encounter a non-standard procedure for paying the state duty.

GRATA International показала сильные результаты в рейтинге Chambers Asia-Pacific 2026 , сохранив свои позиции по ключевым пl

This article explores the Astana International Financial Centre, a strategic initiative by Kazakhstan to diversify its economy and integrate into the global financial system.

МФЦА предлагает уникальные условия для инвесторов и компаний благодаря налоговым l

Kazakhstan's hotel market is experiencing significant growth driven by domestic and inbound tourism, major international events, and expanding regional destinations. As international hotel operators increase their presence and new projects emerge in cities like Almaty, Astana, and Turkestan, investors face a complex landscape of regulatory requirements, development models, and state support mechanisms.

Kazakhstan has enacted its first dedicated radioactive waste management law, establishing a national operator with exclusive disposal rights and new compliance requirements. The legislation introduces stricter ownership transfer conditions, removes previous storage time limits, and creates a framework for importing reprocessed nuclear material. These changes have significant implications for nuclear facility developers, uranium producers, financiers, and contractors operating in Kazakhstan's expanding nucle

Kazakhstan's renewable energy sector presents significant investment opportunities, but the true value of these projects lies not in physical assets alone, but in the complex web of legal and regulatory rights that enable development, grid connection, and revenue generation. Understanding how these rights transfer in M&A transactions is critical for investors seeking to acquire wind, solar, hydropower, or hybrid renewable energy projects in this rapidly evolving market.

Kazakhstan's currency control framework permits cross-border financing in tenge without structural barriers, relying on registration and reporting rather than regulatory approval.

Kazakhstan is advancing its energy storage framework through proposed legislation that would establish dedicated auctions, new tariff mechanisms, and market participation opportunities for battery energy storage systems. The Draft Law introduces three distinct revenue streams for standalone ESS projects, marking a significant shift from the current model where storage systems function solely as supporting components of renewable energy facilities.

Kazakhstan has made significant strides in sustainable development and carbon neutrality, yet faces critical challenges in implementing its climate strategies. The country's heating sector reforms, renewable energy targets, and decarbonization roadmap reveal tensions between ambitious environmental goals and structural dependence on coal and hydrocarbons, raising questions about the enforceability of climate commitments and the adequacy of investment frameworks.

Kazakhstan's Labour Code will undergo three waves of amendments in August 2026, introducing new employer obligations around hiring refusals, disciplinary sanctions, fixed-term contracts, and cybersecurity compliance. These changes require immediate preparation to adjust internal procedures, update employment documentation, and establish new monitoring processes before the staggered implementation dates.

Migration formalities for foreign nationals in Kazakhstan require both the host party and the foreign national to follow a sequence of formal procedures. The purpose of stay of business immigrants, the existence of a proper legal basis for residence, timely notification of arrival, and compliance with the requirements applicable to conducting business activities are of significant importance for business immigrants.

Foreign contractors participating in major infrastructure projects in Kazakhstan face significant tax, customs and regulatory risks that can materially reduce or eliminate profit margins if not properly addressed. This analysis examines why tax planning must begin before tender submission rather than during contract negotiations, and identifies the principal risks including permanent establishment exposure, withholding tax, VAT...

Kazakhstan's inaugural nuclear power plant project raises complex legal and regulatory questions for sponsors, investors and lenders. The Balkhash Nuclear Power Plant, formalised through intergovernmental agreements in May 2026, involves a $16.5 billion investment in two VVER-1200 reactors but leaves critical structuring, financing and long-term liability issues unresolved.