www.transparencykazakhstan.org - An Overview
www.transparencykazakhstan.org - An Overview
Blog Article
Several investment disputes involving international corporations have arisen previously a number of years associated with alleged violations of environmental restrictions, tax legislation, transfer pricing regulations, and expense clauses. Complications arise inside the enforcement of judgments, and ample prospect exists for influencing judicial results given the relative deficiency of judicial independence.
In keeping with available facts, a lot more than ninety p.c in the National Fund’s expense portfolio is in overseas belongings, with much more than forty five % of those foreign assets held as investments in U.S. devices.
Казахстан все-еще сталкивается с такими проблемами, как недостаточная прозрачность действий Правительства, отсутствие полной независимости судебной власти и использование влияния политических элит в своих узких экономических интересах.
Non-people needs to have a business immigrant visa and post electronic copies of their IDs, together with any certification in their corporations from their country of origin. Paperwork should be translated and notarized.
Implementation of these benchmarks, having said that, is very poor as a result of lack of a unified conventional and inadequate regulatory oversight.
The bilateral expense treaty involving the United States and Kazakhstan calls for The federal government to deliver payment within the party of expropriation.
Мы сосредоточиваем свои усилия на проведении исследований и выработке рекомендаций по искоренению коррупции на системном уровне.
AIFC citizens have entry to simplified processes for getting investor visas. International investors usually complain about problems with finalizing contracts and licensing.
Secured passions in house (preset and non-preset) are identified beneath the Civil Code along with the Land Code. Agricultural land and specified other organic methods may perhaps only be owned or leased by Kazakh citizens.
Judgements of other foreign condition courts are recognized and enforceable by regional courts when there is a bilateral arrangement on mutual judicial guidance with the respective place or maybe the principle of reciprocity applies.
The Parliament also started out dialogue in March 2024 on the Monthly bill that could decriminalize tax faults in response to numerous traders’ grievances.
The federal government accredited the 2024-2029 Strategy System of Labor Current market Improvement, which was drafted based upon the entire world Lender report. The federal government regulates overseas labor, and foreign more info workers ought to attain function permits. The GOK has designed it a precedence to make certain that Kazakh citizens are well represented in overseas business workforces, like during the managerial and executive ranks.
Mainly because Just about every on the assessments uses a distinct scoring scale, the CPI standardises these scores utilizing a mathematical calculation so that outcomes may be in contrast and aggregated.
The government continued its de-monopolization plan in 2023 and recognized the Asset Recovery Committee under the Prosecutor Typical’s Business to lessen the job of oligopolies in the economic system and to think about the possible nationalization of property that the government now thinks to have been illegally privatized. The President signed into law a completely new Legislation on Asset Restoration in July 2023.