Regulation Of The Pharmaceutical Industry In Uzbekistan
Currently, the pharmaceutical industry in Uzbekistan is experiencing a modification of regulatory requirements. In recent years, the country has achieved positive results in the formation and development of the primary health care system for population.
Amendments and additions to the Tax Code of the Republic of Uzbekistan
In the light of the adoption of the Law “On introduction of amendments and additions to the Tax Code of the Republic of Uzbekistan” No. ZRU-599 dated 30 December, 2019, a new edition of the Tax Code was adopted.
Changes to the list of WTO exemptions
The Eurasian Economic Commission adopted a decision No. 109 dated 19 December 2019 . This decision expands the list of goods in which respect Kazakhstan, as a condition for its WTO accession, applies the rates of import customs duties which are lower than the rates of customs duties under the Common customs tariff of the EAEU.
GRATA International banking and finance team is pleased to provide you with a brief summary of the major changes to the legislation of the Republic of Kazakhstan in 2019 that may affect your business
Kazakhstan has ratified the Convention on avoidance of double taxation with Cyprus
On 30 December 2019 the Republic of Kazakhstan has ratified the Convention on avoidance of double taxation with Cyprus and the Protocol thereto (hereinafter – the ‘Convention’).
The Impact of the Equator Principles on Project Financing in the Republic of Kazakhstan
The number of large infrastructure projects steadily grows in Kazakhstan. Potential investors and the State are looking for finance sources to implement the projects. On one hand, in many cases, in view of the amount of financing, international financial organisations are the most likely funding source. On the other hand, international financial organisations themselves often have an interest in project financing in Kazakhstan.