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ARTICLE · 01 AUGUST 2016

Legislation Alert - February 2016

Grant Thornton
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It is also proposed to set a seasonal export duty on fuel oil at 15 Euro per ton during the period from 1 May to 1 September.

KazakhstanInternational Law
Grant Thornton
Grant Thornton

Main amendments to the legislation

1. Regarding the simplification of procedures for legalization of property

On November 13, 2015 the President of the Republic of Kazakhstan (further – the "RoK") signed Law №400-V "On amendments and additions to certain legislative acts on the amnesty of citizens of Kazakhstan, oralmans and individuals with a residence permit in the RoK in connection with the legalization of the property" (further – the "Law").

According to the Law, the deadline for legalization of funds and property was extended until December 31, 2016. The Law entered into force on November 30, 2015.

Further, the Law simplifies legalization of funds by offering two options:

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KazakhstanInternational Law
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