GRATA Legal Digest, January 2022

Newsletter Archive
GRATA Legal Digest, January 2022

January 2022

Tax and customs measures to be taken by the Government of Kazakhstan to implement the President's instructions

On 11 January 2022, President of Kazakhstan K.K. Tokayev at a meeting of the Lower house of the Parliament of the Republic of Kazakhstan gave several instructions to the Government, including to work out the issue of additional budget revenues, as well as to develop a new Concept of investment policy.

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Table of contents
Azerbaijan
Belarus
Kazakhstan
Mongolia
Uzbekistan


We inform you that the Almaty office telephone number is +77750300009

 Events from GRATA International 

GRATA International Azerbaijan will hold a webinar on Doing Business

Dear friends and colleagues, 

We invite you to take part in our webinar: "Doing business in Azerbaijan", which will be held on February 3, 2022.


Azerbaijan is one of the most attractive countries for doing business. The economy of this country is developing quite actively and is favorable for business. Regarding doing business, as in many areas, clear and comprehensive planning is the basis of any business.

In this regard, at the webinar, leading lawyers from the Baku office of GRATA International will cover the requirements from the corporate, labor, migration, and tax points of view of doing business.


🕚 Time: 11:00-12:15 (Baku time, Azerbaijan).

🌀 The working language of the webinar is English.

🌐 Participation is free of charge.


The webinar will start in

Register here →

     For communication, please contact: events@gratanet.com 

News and insights from GRATA International 

Azerbaijan

Social Media and its Activity in Today’s Environment

By talking about public relations, the first thing that comes to mind is press releases, television news interviews, and newspaper articles. Public relations today is about more than disseminating information in the mainstream media. The latter still plays an important role, but it is no longer the only way of PR. In fact, the development of social media has led to a significant reduction in the audience of traditional media.

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News of Azerbaijan

Sale and Storage of Goods in Azerbaijan: Overview

International Trade in Goods and Services in Azerbaijan: Overview

Amendments to gambling regulations

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Belarus

Changes in the Tax Code

On January 1, 2022, changes to the Tax Code came into force. Tax legislation will be amended in several stages:

  • Since January 1, 2022
  • Since July 1, 2022
  • Since January 1, 2023.
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News of Belarus

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Kazakhstan

Kazakhstan President’s speech at Parliament: key reform measures

After a brief description of the events which were caused by socio-economic problems and ineffective work of state bodies, as well as the growing economic inequality among the population, the President of the Republic of Kazakhstan Kassym-Zhomart Kemelevich Tokayev, in his speech at a meeting of the Mazhilis of the Parliament of the Republic of Kazakhstan, outlined the following measures for the upcoming reform in the country.

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News of Kazakhstan

Tax and customs measures to be taken by the Government of Kazakhstan to implement the President's instructions

Agreement to improve international tax compliance

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Mongolia

Legal summary of Law on Workforce migration

The Law on Workforce migration was adopted to determine the relationship, management and organization of workforce migration from Mongolia to foreign country and from foreign country to Mongolia on basis of national labor market data, in a unified and comprehensive manner in order to protect human rights and legitimate interests. The implementation of labor migration policies and regulations will have positive social and economic consequences, including increased employment, sustainable population growth, family stability and more specialized and skilled human resources.

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News of Mongolia

Legal advisor role on franchising project

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Uzbekistan

Tax changes in Uzbekistan from January 1, 2022

New tax base for corporate property tax:

From January 1, 2022, the property tax rate for legal entities has decreased from 2% to 1.5%, but there have been set minimum limits for the value of buildings for calculating property tax of legal entities in absolute terms in the following amounts per 1 sq. m:

  • in Tashkent - UZS 2.5 million (approximately USD 7);
  • in Nukus and regional centers - UZS 1.5 million (approximately USD 138.4);
  • in other cities and rural areas - UZS 1 million (approximately USD 92.2).
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News of Uzbekistan

There have been made changes in the implementation of projects involving foreign capital in Uzbekistan

The procedure of futures trading was approved in Uzbekistan

There has been adopted the procedure for the preparation, implementation and monitoring of projects of external gratuitous assistance in Uzbekistan

In Uzbekistan investment projects on land plots will not be carried out with compulsory acquisition

A payment system to ensure cross-border money transfers has been created in Uzbekistan

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