Blog of our mind

Foreigners. Obtaining a residence in Kazakhstan and the right to own property

July 21, 2016
PROCEDURE FOR OBTAINING KAZAKHSTAN RESIDENCE PERMIT (RP)

State corporation “Government for Citizens”

May 26, 2016

The system of organization of rendering of state services is permanently improved in Kazakhstan. According to the decision of the Government of the RK,  recently was founded a State corporation “Government for Citizens” (hereinafter – the Corporation), which has integrated in itself Republican State Enterprises “Public Service Center”, “Research and development centre of Land Register”, “Center for Real Estate”, Republican state budget-supported enterprise “State Center for Payment of Pensions”. The Corporation thereby became the unified provider, carrying out the activity in the sphere of rendering of state services to natural persons and legal entities by “one stop” principle, registration of pledges of movable property, technical inspection of buildings, constructions, maintenan

Determination of the governing law of arbitration agreement

February 10, 2016

It is not infrequent for the parties to fail to specify the governing law of the arbitration agreement (clause) they include in the contract.

If the parties fail to identify the substantive law governing their arbitration agreement, then, depending on the jurisdiction, the arbitration tribunal can choose any substantive law from the following:

  1. The law governing the contract;
  2. The law of the forum;
  3. The law of jurisdiction best suited for resolving the dispute to be arbitrated.

Reforming of judicial system in respect of investor-State dispute settlement

January 19, 2016

Since the beginning of the New Year, some provisions of law were brought into force, which are directed on reforming of judicial system for the purpose of improvement of investment climate in the country, namely ensuring performance of guarantees of legal protection of activity of (foreign) investors in the territory of the Republic of Kazakhstan.

New types of alternative (conciliation) procedures for dispute resolution in the Republic of Kazakhstan

January 19, 2016

On 1 January 2016, the new Civil Procedure Code of 31 October 2015, the Entrepreneurial Code of 29 October 2015[1], as well as the Law “On amendments and additions to some legislative acts of the Republic of Kazakhstan on improvement of the justice system” are coming into effective.[2] Among the innovations in these regulations is the promotion of alternative disputes re

Bankruptcy settlements

November 26, 2015

13 November 2015 saw the adoption of the Republic of Kazakhstan Law to Amend Certain Legislative Acts of the Republic of Kazakhstan on Rehabilitation and Bankruptcy (hereinafter referred to as the Law). Specifically, the Rehabilitation and Bankruptcy Law received a new chapter, 6-1, Settlement, which enables the debtor and creditors to make a settlement agreement at any stage of bankruptcy proceedings in order to discontinue bankruptcy proceedings. The effective date of the amendments is 2 December 2015.