Kazakhstan has adopted a new Civil Procedure Code which introduces significant changes to civil proceedings in Kazakhstani courts. On October 31, 2015, the President of Kazakhstan has signed the Civil Procedure Code with new rules for civil trials coming into force on 1 January 2016.
On 29 October 2015, the Republic of Kazakhstan also passed its Entrepreneurial Code (the “EC”) which will come into force on 1 January 2016. The EC sets out legal, economic and social conditions and guarantees for doing business, as well as for the state regulation and support of business activities. The EC incorporates and supersedes the following laws of the Republic of Kazakhstan: On Peasant or Farm Enterprise, On Investments, On Private Entrepreneurship, On Competition, On State Control and Supervision and On State Support of Industrial and Innovative Activity.
Attached are Sayat Zholshy and Partners’ briefings.