This Client Update covers the key amendments to the laws of the Republic of Kazakhstan (“RK”) and various legal developments introduced in September and October 2016. NOVELTIES IN LEGISLATION The laws covered by the present Client…
This Client Update covers the key amendments to the laws of the Republic of Kazakhstan (“RK”) and various legal developments introduced in May and June 2016. NOVELTIES IN LEGISLATION The laws covered by the…
On 23 November 2015, the President of Kazakhstan signed the new Labour Code of the Republic of Kazakhstan as well as a regulatory act entitled “On Amendments to Certain Legislative Acts of the Republic of Kazakhstan on Labour Regulation Issues”, aimed at bringing conformity to current legislation and to the newly adopted Labour Code.
Both regulatory acts have been adopted for the purpose of modernising labour relationships in terms of realising the National plan “100 specific steps towards the realisation of five institutional reforms”.
•Simplifying the procedure to alter the terms of employment agreements
•Extending grounds for termination of employment agreements on the initiative of employers
•Granting employers the right to set probation periods for all categories of employees
•Instituting a comprehensive approach to the issue of the employment of the disabled
•Creating a choice of form, system, and rate of the salary paid to employees according to employer acts or initiatives by employee representatives
•Establishing an institute of technical inspectors from among employees, nominated by trade unions, for the purpose of enhancing social control
In the present Client Update, we will briefly review each of the above novelties and will describe some of them in detail in our future releases.
On 31 October 2015, the President of the Republic of Kazakhstan signed the new civil procedural code (hereinafter “CPC”), which comes into force on 1 January 2016. Significant novelties: Investment disputes will be heard in…
During court proceedings, tax authorities refuse to present documents that confirm tax assessments based on the confidentiality of such documents and commercial secrets.
This Article contains the rates and some specific terms of the international treaties concluded by the Republic of Kazakhstan with other states for avoidance of double taxation and prevention of fiscal evasion.
Victoriya Trofimovich, the SIGNUM Senior Lawyer, spoke on recent legal developments in employment relationship and how to maintain the balance of interests. The Kazakhstan Legal Forum took place in Almaty on 18 September 2015. Victoriya’s…
SIGNUM M&A Partner Liza Zhumakhmetova participated in InvestPro – Kazakhstan 2015, an international conference organized by BOSCO Conference on 7 September 2015 in Almaty. The conference brought together consultants and professionals representing law firms, investment…
This Client Update covers amendments to the laws of the Republic of Kazakhstan (“RK”) introduced in April 2015 and various legal developments.
The laws covered by the present Client Update relate to both public and private sectors. Some of them may be of interest to you as they may affect your business activity in Kazakhstan.
This CLIENT UPDATE includes amendments and additions to the legislation of the Republic of Kazakhstan (”RK”) introduced in March 2015 and various legal developments.
The legislation outlined in this Client Update concerns both public and private sectors. Some of them may be of interest to you as it may affect your business in Kazakhstan in certain way.