GRATA International Banking & Finance Team is pleased to provide you with a brief overview of the main changes to the legislation of the Republic of Kazakhstan in January-March 2024...

Концепция ток-шоу «QARZHY» для освещения деятельности МФЦА по заказу Министерства Инфорl

Transactions with non-residents, including loan agreements, are permitted in Kazakhstan but are subject to various legal requirements.

In 2024, Kazakhstan's financial regulator and the president of Kazakhstan emphasised repeatedly the necessity of updating the nation's banking laws to align with global economic trends.

A guarantee, as a means of securing the performance of a commercial obligation, is widely applied among businesses operating in Kazakhstan and abroad.

Today, on January 11th of 2022, a new Prime Minister of the Republic of Kazakhstan was appointed - Alikhan Askhanovich Smailov.

On 6 May 2017, the President signed the Law No. 62-VI ‘On Debt Collection Activities' (herein referred to as ‘the Law').

Financial lease is a common practice in Kazakhstan and is in high demand as it is a more favourable option for asset acquisition than making a straightforward purchase.

On 11 March 2017, the Law of the Republic of Kazakhstan ('the RK') No. 49-VI 'On Amending Certain Legislative Acts of the Republic of Kazakhstan on Improvement of Civil and Bank Laws...

The recent outbreak of COVID-19 pandemic has not created new issues for Kazakhstan's economy, but it has uncovered the existing ones. Long before the pandemic it was already clear...

The declaration of a state of emergency in the light of the COVID-19 epidemic, the following quarantine, the related restrictions, the fall in oil...

The question of whether or not there is any Islamic finance development in Kazakhstan is not easy to answer. There is definitely strong support from the government of Kazakhstan

On 30 December 2024 the Order of the Minister of Finance of the Republic of Kazakhstan dated 24 December 2024 No. 866 ‘On amendments to the Order of the Minister of Finance of the Republic of Kazakhstan...

The Astana International Financial Centre (the AIFC) is the area on the left bank of the City of Astana, Kazakhstan, with a special legal and taxation regime.

On February 6, 2020, the Parliament of Kazakhstan ratified the Multilateral Convention to Implement Tax Treaty-Related Measures to Prevent Base Erosion and Profit Shifting ("MLI").

Acquisitions typically require the buyer to exercise a substantial amount of prior due diligence. Before committing to a transaction, the buyer will want to obtain an understanding of, amongst other things:

Disputes between importers and customs authorities are complex cases.

The Astana International Exchange (AIX) offers multiple pathways for bond issuance, each with distinct regulatory requirements and structural considerations.

This article discusses the successful redomiciliation of Kazakhstan Energy Reinsurance Company Ltd from the Islands of Bermuda to the Astana International Financial Centre and the main procedural steps required ...

In January 2020, the National Bank of Kazakhstan put forward an initiative to develop a National Payment System Development Programme by October 2020. The Chairman of the National Bank noted that...