www.transparencykazakhstan.org Fundamentals Explained
www.transparencykazakhstan.org Fundamentals Explained
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Technologies, components, and software package that could be employed for both civil and military services reasons are considered distinct merchandise by legislation. On April 1, 2023, Kazakhstan launched an on-line procedure for tracking products. Customs authorities now need accompanying Digital invoices for all goods traded with EAEU member-states.
A law on Currency Regulation and Currency Control expands the statistical checking of transactions in foreign currency and facilitated the whole process of de-dollarization.
Russia’s war from Ukraine prompted provide chain disruptions and complex Kazakhstan’s external trade and organization functions. Kazakhstan’s companies need to carry out better homework when dealing with Russian organization companions, exporting to, or transshipping solutions by Russia and Belarus, or transmitting payments.
There won't be any time limits on remittances away from Kazakhstan. Residents trying to get to transfer residence or revenue into a non-resident or to receive assets or dollars from the non-resident in surplus of $500,000 are needed to sign-up the deal With all the NBK.
The Labor Code describes an escalatory system for resolving personal labor disputes, involving immediate negotiations using an employer, followed by a conciliation Fee, and eventually the courts, when required. Collective labor disputes similarly could possibly be settled via immediate negotiations by having an employer, followed by mediation commission, labor arbitration, plus the courts. The February 2023 amendments to your Labor Code eased some limitations to employees’ capacity to strike by introducing a a person-time hour-extended strike in the course of arbitration and minimizing the quorum demands for the choice to strike.
Overseas companies contemplate this to generally be coercion to localize production and differential therapy of foreign and domestically created machines. In 2024, The federal government declared further more reductions in expense subsidies for imported agricultural devices. Overseas producers seen this final decision as away from compliance With all the WTO primary basic principle of non-discriminatory cure.
The GOK has carried out steps to further improve steadiness and prudent asset high-quality administration from the banking sector, such as via capital injections, enhanced oversight, and expanded regulatory authorities. The ratio of non-performing financial loans overdue by in excess of ninety times to banking property was 2.
Corporations in priority sectors obtain tax and customs obligation waivers, in-sort grants, expense credits, and simplified do the job permits for international team. The Expenditure Committee in the Ministry of Overseas Affairs and Kazakh Devote prepare and signal design expense contracts for expense priority tasks. Details on necessities for these model contracts can be obtained at: . Oil businesses signed five design contracts in 2023.
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Развитие программ против специфических видов коррупции и привлечение к этой работе широкой общественности и специалистов;
Typical nationwide strategies identified as “copyright” and “Anti-Fraud” aimed at detecting and ending IPR infringements and escalating general public recognition about IP issues, resulted inside the seizure of 2,295 units of counterfeited products.
Развитие взаимодействия НПО с республиканскими и местными правительственными институтами для усиления прозрачности и подотчетности деятельности государства;
The Entrepreneurial Code enables the state to nationalize property in emergency cases but fails to provide very clear requirements for click here expropriation or to demand prompt and satisfactory compensation at honest industry worth.
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