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Development of Kazakhstan-China cooperation: visa issues
As part of the state visit of the President of the Republic of Kazakhstan Kassym-Jomart Tokayev to the People's Republic of China in May 2023, issues of development of comprehensive cooperation in trade, economic, oil and gas, petrochemical, energy, financial, transport and transit, education and science were discussed
Essential Changes in Labor Code of the Republic of Armenia: Main Aspects
On May 03, 2023, the National Assembly of the Republic of Armenia passed Law No 160-N entitled “On Amendments and Addenda in the Labor Code of the Republic of Armenia”.
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.
Key legal aspects of labor migration in the Republic of Uzbekistan
Labor migration is a significant driver of global economic development, as millions of people relocate to other countries in search of improved work opportunities and living conditions.
Labor migration in Kazakhstan
Today the dynamics and scale of migration processes in Kazakhstan is one of the important components of the economic development of the country, and in this aspect migration for the purpose of labor activity remains relevant.
Doing Business in Kazakhstan
The information herein is based on theoretical and practical information available as of April 2023. The content of this publication is intended for foreign businessmen and companies seeking to do business in the Republic of Kazakhstan. In particular, the brochure allows you to learn about the main forms of doing business in Kazakhstan, including a detailed comparison table of such forms, information on the tax structure, bankruptcy, and it also provides answers to the frequently asked questions for starting and doing business in Kazakhstan. Please note, however, that the legislation in the Republic of Kazakhstan is subject to frequent changes.
A draft of the rules on determination of the digital assets value
A draft of the Joint Order ‘On approval of the rules on determination, publication of digital assets value and assets list was published on the web-site of the publicly available legal acts on 19 April 2023.
Doing Business in Mongolia 2023
Tremendous mineral reserves, agricultural endowments, and proximity to Asia’s vast markets make Mongolia an attractive destination for medium to long-term foreign direct investment (FDI). The Gross Domestic Product (GDP) in Mongolia is worth 10.4 billion US dollars as of September 2021 according to the national statistics of Mongolia.
Legal regulation on obtaining workforce and specialists from abroad
As of the first quarter of 2022, 5463 citizens from 92 foreign countries are working under labor contracts in Mongolia. The number of foreigners working under labor contracts increased by 1,030 or 23.2 percent from the same period last year. 4,752 (87.0 percent) out of the foreign nationals employed under contract are men and 711 (13.0 percent) are women.
Amendments to the legislation in the Republic of Azerbaijan
The Law of the Republic of Azerbaijan “On making amendments to the Tax Code of the Republic of Azerbaijan” #534-VIQD which was adopted on May 13, 2022 and entered into legal force on June 10, 2022 has expanded the types of income of individuals exempt from income tax
Business relocation to the CIS countries and Georgia
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.