Transactions in money and/or other assets, subject to financial monitoring in Kazakhstan
The Law of the Republic of Kazakhstan “On combating legalization
(laundering) of Illegally Gained Income and Financing of Terrorism”
(hereinafter – the Law) was amended by virtue of the Law of the Republic
of Kazakhstan № 343-V of 08.02.2015. In particular, the amendments were
made into the threshold amount of transactions in money and (or) other
assets, subject to financial monitoring.
VAT Deregistration of taxpayers
VAT deregistration of taxpayers (legal entities) in which CEO or sole participant are foreign individuals
Sub –clause 8, clause 4, article 571, the Tax Code of the Republic of Kazakhstan (the “Tax Code”), came into force on 1 July 2015.
Why the judges could not adapt to the new rules in 10 days?
In July 2018, the lawyers of Linkage
& Mind analyzed Regulatory Decree №3 of the Supreme Court of Kazakhstan as
of March 16, 2018 (hereinafter – the «Regulatory Decree») on the amendment of the
regulatory decree №5 as of July 11, 2003 “On court decision”.
Сhanges in structure of Kazakhstani government
By virtue of decree of Government of the Republic of Kazakhstan of 14 August 2014 “On departments of central executive agencies of the Republic of Kazakhstan”, 5 ministries of 17 and all 9 agencies have been abolished., the latter will merge with the ministries as committees Thus, the government consists of 12 ministries now and 30 committees. The following committees were established in the following ministries.
“Piercing of the corporate veil” in private law of the Republic of Kazakhstan (“RoK”)
The judicial practice is full of different cases: claimant seeks enforcement of execution of contract by a defender or extension of contract duration for performance etc.