We would like to bring to your notice clarifications received by MinTax LLP from the Customs Control Committee of the RoK Ministry for Finance (hereinafter – the “CCC MF RoK”) for participants of Foreign Economic Activity (hereinafter – the “FEA”) on matters concerning inclusion of license royalty or other payments for the use of items… Read More
Concerning inclusion of royalty into customs value for importers, FEA participants
State support of small and medium enterprises (S&MEs) in Kazakhstan
On 20 February 2013, Lyazzat Ibragimov, a Chairman of the Board of Damu “Entrepreneurship Development Fund” JSC reported that “, 2357 Kazakh entities of S&ME receive state financial support
Summary results of the socio-economic development of Kazakhstan
The foreign trade turnover of Kazakhstan in January-December 2012 amounted to 136,825 million US dollars and compared with January-December 2011, increased by 9.8%, including export – 92 285.6 million US dollars (for 5 3% more), import – 44 539.4 million US dollars (20.2% more)
The inflation rate in 2013
The RoK National Bank approved the “Guidelines for the monetary policy of Kazakhstan in 2013”. Under this document, one plans to hold the annual inflation rate in the range of 6-8%.
The growth of investment in fixed assets in the RoK
In January 2013, investment in fixed capital of Kazakhstan grew by 7.5% compared to the same period of the last year. On 14 February 2013 this was announced by A. Smailov, the head of the Agency for Statistics at a briefing on the results of socio-economic development of the country in January 2013.
In 2013, 13 technical regulations of the Customs Union will enter into force in the RoK
In 2013, 13 technical regulations of the Customs Union will enter into force in the RoK. This was announced on 13 February 2013 by the Chairman of the Committee for Technical Regulation and Metrology of the Ministry of Industry and New Technologies, R. Satbayev at the briefing on the implementation of technical regulations of the… Read More
The RoK enterprises post–crises recovery
34 enterprises of the republic have become program participants on post-crisis recovery. This was announced on 8 February 2013 by the Prime Minister of Kazakhstan, S. Akhmetov during an extended meeting of the Ministry of Finance.
On the corporate management
In the construction of the legal structure of business, investors usually faced the following questions at the same time: 1) Problems of legal registration of the company’s management structure; 2) Problems of financial planning; 3) Problems of tax planning; 4) Problems of recruitment and personnel management; 5) Other issues.
On the creation of the Unified National Pension Fund (UNPF)
On 6 February 2013 K. Kelimbetov, a Deputy Prime Minister of Kazakhstan, reported that as part of the President’s instructions, given at the enlarged meeting of the government of Kazakhstan on 23 January 2013 , on the transfer of individual retirement accounts of depositors (recipients) APF into a single
On the rules for establishing an official rate of the RoK national currency against foreign currencies
The resolution of the Board of the National Bank of 24 August 2012 # 242 approved the Rules for establishing an official rate of the RoK national currency against foreign currencies (hereinafter – the “Rules”).
Concerning increasing pension payments by 9% since 1st January 2013
Pursuant to the RoK Law dated 20th June 1997 “On Pension Provisioning in the Republic ofKazakhstan”, RoK Government Decree dated 25th December 2012 No 1676 “On IncreasingAmounts of Pension Payments from the State Center for Pension Payments
On introducing amendments to certain legislative acts of the RoK related to taxation
RoK Law No 61–V ZRK dated 26th December 2012 “On introducing amendments andadditions to certain legislative acts of the RoK related to taxation” introduced amendmentsto RoK Code dated 10th December 2008 “On Taxes and Other Obligatory Payments to theBudget” (Tax Code), RoK Code “On Administrative Offences”
Posted to the Tax Code, with effect from 2013
Posted balance of work for 2013
Posted production calendar for 2013
On advocacy areas of practice
On advocacy areas of practice Areas of law practice Our areas of practice are tax issues (disputes due to the assessment and payment of taxes and other obligatory payments into the budget). Long experience admits provision of high level services in this area, considering all the peculiarities of legislation and applicable enforcement practice.
MinTax LLP was enrolled in the first-rate consulting companies of the RoK in 2011
Almaty, 23 July 2012. According to the operating results for 2011Y MinTax LLP was enrolled in the first-rate consulting companies of the RoK, by the Rating Agency “Expert RA Kazakhstan”.
MinTax Audit LLP has been enrolled in the first-rate auditing firms of the RoK in 2011
Almaty, June 25, 2012. According to the operating results of Kazakhstani auditing firms for 2011, MinTax Audit LLP has been enrolled in the first-rate auditing firms of the RoK, by the Rating Agency “Expert RA Kazakhstan” and “Expert Kazakhstan” Magazine.
Almaty 29 – 31 May 2012. The Almaty Business Forum
MinTax Group took part in organizing and conducting the Almaty Business Forum “The ABF-2012”, held in Almaty on 29-31 May of CY.
The New in Civil Procedure
On 17 February 2012 the President of the country signed the Law “On Amendments to be introduced into certain legislative acts of the Republic of Kazakhstan on matters concerning improvement of appeal, cassational and supervisory order of proceedings, increase of level of confidence level and ensuring access to justice”(hereinafter –“Law”), entered into force on 1… Read More
Western and Russian investors discussed the investment attractiveness of the Russian economy
May 22, 2012 at The Ritz-Carlton Moscow hosts International Conference «East + West = Invest. Preparation of enterprises in the process of investing. ” The event was carried out by “Gradient Alpha Investments Group».
Tax Disputes: Lawyer’s opinion
Yerlan Galiyev, attorney at law, partner of MinTax Group, ӘдiлетЖарғысы lawyer’s office. The complexity, variability of tax laws and the existence of legal gaps is the causes of numerous tax disputes between the state and taxpayers.
VI – Annual Practical Conference for Kazakh and Russian Businessmen
Astana, March 29, 2012. VI – Annual Practical Conference for Kazakh and Russian Businessmen.