Actual issues of labor migration in the Kyrgyz Republic
In the contemporary period, there is an increasing demand for qualified specialists in different sectors of the economy of the Kyrgyz Republic. Taking into consideration that various legal issues surround the movement of the labor force across borders, one of the critical aspects of labor migration is confined within its legal framework.
Implementation of personal data holders registration mechanism in Kyrgyzstan
In accordance with the Article 30 of the Law of the Kyrgyz Republic “On Personal Information” dated 14 April 2008 No. 58 the arrays of personal data and the holders (owners) of these arrays are subject to mandatory registration.
Over the past years, there has been a significant rise in the number of players in the global project finance markets, as lenders and sponsors from diverse regions across the globe have entered the fray, and such trend rendered the knowledge about the global practices of project finance more crucial than ever
The rapidly developing sector over the past years has attracted more and more foreign investors to the Kyrgyz Republic. After making a decision to relocate a business, at the initial stage, a foreign investor needs to duly execute the state registration of the company. In this article, we will provide you with the features of registering a company in the territory of the Kyrgyz Republic.
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
If you are interested in establishing a presence in a new market, restructuring your current operations, or expanding the geographical coverage of your business, the jurisdictions of Caucasus and Central Asia could offer a great potential from economic and legal standpoints. The region is strategically located between Europe and Asia, offering a unique position for companies who do business in both markets.
Remote work in Kyrgyzstan (including remote work of foreign workers)
To date, the issue of regulating remote working under the labour legislation of the Kyrgyz Republic is relevant and important. It should be noted that this issue was an pressing long before the current situation and before the pandemic, and subsequent declaration of a state of emergency in the country last year.
Remote work (including remote work of foreign workers)
The interaction of the employee and the employer in the conditions of remote work in many jurisdictions is already a very familiar phenomenon. In the context of the COVID-19 pandemic and the gradual transition of labour relations to the digital space, remote work has become the universal response of employers and employees to the external and internal challenges of 2021.
Coronavirus and non-performance of contractual obligations in the Kyrgyz Republic
World Health Organization has characterized the outbreak of COVID-19 infection as a pandemic. More and more countries are closing borders, restricting people’s movement, banning public gatherings, and controlling trade. Such measures have already hit hard tourism, air transportation, hospitality services. Other business sectors are expected to suffer in the coming weeks and months.
Establishing a local company with foreign participation in the Kyrgyz Republic: specific features for the foreign founder
One of the first steps for a foreign investor after deciding to start a business in the Kyrgyz Republic is the creation of a local company. It should be noted that the legal entities registration system in the Kyrgyz Republic is not that complicated. Taking the overall 70th place from 190 countries in Doing Business 2019 ranking, the country takes a rather high 35th place in the «starting a business» category.