Kazakh Approach to the Taxation of Foreign Companies Engaged in E-Commerce and E-Services
In January 2022, Kazakhstan introduces the obligation on the VAT payment by foreign companies that are engaged in e-commerce with goods or provide e-services to individuals. The Law, dated 10 December 2020, No. 382-VI supplemented the Code of the Republic of Kazakhstan ‘On Taxes and Other Obligatory Payments to the Budget’ (hereinafter - the ‘Tax Code’)’ with a new ‘Section 25. Features of Taxation of Foreign Companies When Engaging in E-Commerce with Goods, Providing E-Services to Individuals’.
This is to inform you that on 19 December 2020, the Law of the Republic of Kazakhstan ‘On the Introduction of the Amendments to Some Legislative Acts of the Republic of Kazakhstan on outstaffing services’ (hereinafter – the ‘Law’). Pursuant to the Law, the Labour Code of the Republic of Kazakhstan
This article covers such sensitive topic as tax exemption of dividends distributed by a Kazakh company in address of its foreign shareholders (participants). In particular, the recent tendency in the approach of the Kazakh tax authorities adopted in this regard.
Expected changes in Kazakh legislation related to the implementation of the blockchain technology
The Parliament of the Republic of Kazakhstan is currently considering a draft law of the Republic of Kazakhstan 'On the Introduction of Amendments to Some Legislative Acts of the Republic of Kazakhstan on the Regulation of Digital Technologies' (hereinafter - the 'Draft Law'). The Draft Law provides for changes to a number of regulatory legal acts regarding legal support for the implementation and application of digital technologies in Kazakhstan.
"As is the tradition in Belarus, the closing of a year is also a debriefing of large M&A transactions and real estate transactions,” says Maxim Lashkevich, Partner at Grata International in Belarus.
IT-business in Belarus
IT in Belarus it is a great number of such worldwide projects as: Viber, which is one of the top five most downloaded messaging apps, Juno, MSQRD applications, Maps.me offline maps, one of the most popular online games called “World of Tanks” and many more.
Administrative liability for fake news in Russia
A draft Federal Law supplementing the Code of Administrative Offenses of the Russian Federation with three new offenses in connection with dissemination in the media and the information networks, including the Internet, of false socially significant information under the guise of reliable messages (the so-called "fake news"), and measures of liability for their commission depending on severity of consequences was adopted by the State Duma in its final reading.
Google LLC is fined for non-compliance with Russian law
On 26 November 2018, the Office of the Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor) in the Central Federal District initiated an administrative case against Google, LLC due to the company's failure to fulfill its obligations to connect to the federal state information system containing a list of information resources, information and telecommunication networks, access to which is restricted in Russia (FGIS ).
Innovation scientific and technological centres in Russia, tax and other incentives for their participants
Since August 10, 2017, the Federal Law of July 29, 2017 No. 216-FZ has been in effect in Russia, providing for the legal basis for establishment and operation of innovation scientific and technological centres in order to implement the priorities of the scientific and technological development of the Russian Federation, increase the investment attractiveness of research and development, the commercialisation of their results, incentives for persons involved in the implementation of such projects, the features of their activities, including urban planning, educational and medical activities (the "Law No. 216-FZ").
Administrative and criminal liability for a failure to remove information damaging business reputation in the Internet
Since April 23, 2018, the provisions of the Federal Law No. 229-ФЗ "On Enforcement Proceedings" dated October 2, 2007, regulate the procedure for enforcement of the requirement contained in the executive document to remove information distributed on the Internet that defames the honor, dignity or damages business reputation of a citizen or damages business reputation of a legal entity.
Kazakhstan: Introduction of user identification requirements aimed at regulating mass media
The President of Kazakhstan, Nursultan Nazarbayev, signed, on 28 December 2017, the Law No. 128-VI on Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Issues of Information and Communication (‘the Law’). Marina Kahiani and Lola Abdukhalykova, Partner and Associate at GRATA International, provide an analysis of the obligations under the Law, including user identification, data retention and data localisation provisions, applicable for telecommunications operators and website operators.
Kazakhstan: New user identification requirements "further regulate social relations"
The President of Kazakhstan, Nursultan Nazarbayev, signed, on 28 December 2017, the Law of 28 December 2017 No. 128-VI on Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on Issues of Information and Communication ('the Law'), with most of the provisions entering into force on 9 January 2018. The Law imposes additional duties of website operators and telecommunications operators, including the obligation to collect and store users' data.