News & Analysis as of

Investment Kazakhstan

Morgan Lewis

Taxation of Income from Capital Gains Under New Tax Code of Kazakhstan

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Anticipated to be finalized and adopted in July 2025, the new tax reforms for Kazakhstan would go into effect in January 2026. This LawFlash summarizes the taxation of income from capital gains when selling shares and...more

Morgan Lewis

Investment Opportunities and Regulatory Framework in Kazakhstan

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The Republic of Kazakhstan, having vast reserves of natural resources and being located at the intersection of Europe and Asia, competes for investments in the region. As such, and as laid out in this article, the government...more

Morgan Lewis

Kazakhstan Amends Rules for Organizing a "One-Stop Shop" for Investors and the Procedure for Interaction in Attracting Investments

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As part of its October 2024 Concept of Investment Policy of the Republic of Kazakhstan, on December 31, 2024, the acting minister of foreign affairs of the Republic of Kazakhstan issued Order No. 11-1-4/746 (the Order)...more

Morgan Lewis

Amendments to the Rules for Organizing Renewable Energy Auctions in Kazakhstan

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A recent order by the Acting Minister of Energy of the Republic of Kazakhstan made amendments to the rules for organizing and conducting auctions for renewable energy source projects. The order will go into effect on February...more

Morgan Lewis

Kazakhstan Government Amends Rules for Investment Project Qualification for Granting Rights to Land Plots from the State

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The Kazakhstan government recently amended the list of requirements that must be met by investors when applying for local authorities’ consent to allocate land plots for investment project implementation....more

Morgan Lewis

Concept of Investment Policy of the Republic of Kazakhstan Approved Until 2029

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On October 18, 2024, the government by its resolution approved the Concept of Investment Policy of the Republic of Kazakhstan until 2029 (the Concept). The main goals of the Concept are to attract at least US$ 150 billion of...more

Morgan Lewis

Kazakhstan General Prosecution Office Introduces ‘Prosecutor’s Filter’ to Protect Investors

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The General Prosecutor’s Office of the Republic of Kazakhstan issued an order earlier this year providing a proactive protection of rights and interests of investors in Kazakhstan. This LawFlash summarizes key takeaways from...more

White & Case LLP

Kazakhstan Law News Digest for April – June 2023

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Legislative News - Subsoil Use - The Ministry of Energy has amended the Rules for monitoring subsoil users' compliance with the terms and conditions of subsoil use contracts regarding the annual scheduled / unscheduled...more

White & Case LLP

Kazakhstan Law News Digest for February – March 2023

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I. Legislative News - Subsoil Use - - Ministry of Industry and Infrastructure Development ("MIID") has approved the Solid Commercial Minerals ("SCM") and Hydrocarbons Reserves Classification Methodology, as well as the...more

J.S. Held

J.S. Held Global Intelligence Insights: Kazakhstan Election Update

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Introduction: Tokayev seeks to continue consolidating power - The 20 November ‘snap’ presidential election in Kazakhstan was a runaway victory for incumbent Kassym-Jomart Tokayev, who received 81.3% of the vote. In line with...more

White & Case LLP

Kazakhstan Law News Digest for July 2022

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Our Kazakhstan M&A team discusses the July highlights on key legal developments for energy, competition and subsoil use areas....more

White & Case LLP

Kazakhstan Law News Digest for June 2022

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The Government of Kazakhstan has determined the conditions and procedure for designating a state-owned enterprise as JSC and LLP as the subject of a special right. It is worth a reminder that the term "special right" as a new...more

White & Case LLP

Kazakhstan Law News Digest for May 2022

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I. Legislative News - Competition - The Competition Authority has approved the Methodology for the Analysis of the Competitive Situation on Commodity Markets. Such methodology is necessary, among other things, to (1)...more

Morgan Lewis

Limit Smartly: Kazakhstan Renewables and Wind Power Generation Equipment Capacity

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The Kazakhstan renewables market has been gaining momentum during the last few years. Reasons for such development include (1) government support (including periodic amendments to industry laws and regulations to address...more

Morgan Lewis

Kazakhstan Law Reduces Information Needed to Obtain Consent for Economic Concentration

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The president of the Republic of Kazakhstan recently signed the law, On Introduction of Amendments and Additions to Certain Legal Acts of the Republic of Kazakhstan on Matters Related to Improvement of Investment Climate,...more

Morgan Lewis

An Overview of Investment Preferences in Kazakhstan

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We have created a chart on current investment preferences in Kazakhstan, which includes territory, economic industry, participant requirements, and any applicable exemptions, preferences, privileges, or subsidies. ...more

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