Bankruptcy law safeguards the legal rights of creditors all through insolvency proceedings. Individual bankruptcy just isn't criminalized, Except the courtroom determines the bankruptcy was premeditated, or rehabilitation actions ended up wrongful.
Courts have the power to declare a strike unlawful with the ask for of an employer or the Prosecutor Typical’s Business office. Companies might fire putting staff after a court docket declares a strike illegal. Remember to see added facts while in the Human Legal rights Report: .
Казахстан все-еще сталкивается с такими проблемами, как недостаточная прозрачность действий Правительства, отсутствие полной независимости судебной власти и использование влияния политических элит в своих узких экономических интересах.
Non-residents need to have a business immigrant visa and post electronic copies of their IDs, along with any certification in their businesses from their state of origin. Documents should be translated and notarized.
The latter two surveys especially would enrich Iraq’s Over-all evaluation as they are based on several surveys of businesspeople who function In the country. Their views would offer you a great deal more Perception than the specialist assessments carried out by professionals that are not based in Iraq and do not have standard interactions with community sector bureaucrats.
The state’s leadership acknowledges the lack of judicial independence. In March 2023, the President enacted a law on reforming the judicial procedure that launched a whole new mechanism for electing the chairmen of district courts and strengthened assures for that immunity of judges.
Russia’s war towards Ukraine and the ensuing sanctions in opposition to Russia affected Kazakhstan’s investment decision weather. Kazakhstan shares a long border and extensive financial ties with Russia. The GOK carries on to express its determination to comply with Western sanctions in opposition to Russia. For in excess of two decades since Russia’s even more invasion of Ukraine, Kazakhstan’s financial system has confirmed resilient, primarily as a consequence of favorable price ranges for its commodity exports.
The government encourages foreign investors to make use of the capacities with the AIFC arbitration Centre and also the AIFC courtroom much more actively.
In 2021, The federal government amended the Felony Code and enhanced punishment for raiding by increasing the doable sentence to five to 8 decades.
Kazakhstan is legally obligated to acknowledge arbitral awards nevertheless does not often accomplish that. In March 2023, the Ministry of Justice reported 26 pending arbitration proceedings, like fourteen in international arbitration courts. The GOK is actually a respondent to 2 pending instances inside the ICSID initiated by international claimants as well as a claimant versus Global consortia in two pending conditions in international arbitration.
Frequent nationwide campaigns referred to as “copyright” and “Anti-Fraud” geared toward detecting and ending IPR infringements and raising public awareness about IP concerns, resulted while in the seizure of two,295 units of counterfeited goods.
Overseas traders may possibly get involved in government and quasi-government procurement tenders if they have got recognized manufacturing check here amenities in Kazakhstan and so are identified for a pre-skilled bidder.
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The GOK has produced a transparent motivation to abide by The usa’ and associate nations’ sanctions and export control regimes versus Russia. On March one, 2023, the GOK enacted a whole new Law on Control of Specific Merchandise, which governs trade in dual-use goods and protection content. The regulation replaced a 2007 law on export Handle and up to date controls more than identification, export, import, transit, and motion of particular items through the border, and also areas of tasks of individuals and lawful entities when exporting, importing, reexporting, and transiting certain items.