Arbitration as the Method of Settlement of Investment Disputes against the Kyrgyz Republic
AKIpress Analytics section, March 19, 2013

The Kyrgyz Republic has already participated in several arbitration proceedings. Therefore, it might be reasonable to analyze peculiarities of legal regulation of arbitration in the KR, the causes and consequences of arbitration disputes and make relevant conclusions…

What risks foreign investors should take into account while investing into the Kyrgyz mining sector,
The Times of Central Asia, March 1, 2012.

Overview of Anti-Corruption Laws in Kyrgyz Republic,
Comparative Summary of Anti-Corruption Laws in the CIS Economic Region, 2011,
The CIS Leading Council Network.

What a foreigner should know about tax regime in the Kyrgyz Republic?
The Times of Central Asia, publication expected.

Kyrgyzstan is not an offshore zone and does not provide tax exemptions, but the rates of many of them are not very high.

Associate - Adinai Dzhekshenova

Adinai Dzhekshenova

Adinai Dzhekshenova is a associate and a member of the Banking & Finance Practice Group. Her area of expertise also includes corporate law, contracts, taxation and employment matters.  Adinai is a certified patent attorney of the Kyrgyz Republic since 2022. She has experience in advising investors, international organizations, financial institutions and local companies on a variety of transactions, including lending, financing, and M&As.


• advised and represented international financial institutions, development organizations and foreign banks on  secured and unsecured loans to Kyrgyz commercial banks, micro-credit and microfinance companies and other companies;

    • advised a major development agency on the sale of a leading microfinance company;

    • advised and represented a global business information company in a share purchase and capital increase transaction with a local company;

    • conducted legal due diligence assessment of a number of Kyrgyz companies involving the review  of corporate and compliance matters, rights and interests in movable and immovable property;

    • advised clients on  drafting employment agreements and handbooks, obtaining work permits for foreign specialists;

    • advised clients on issues related to the market entry of companies into the market of the Kyrgyz Republic, including registration, taxation, and licensing matters.

Professional Background

Associate, Kalikova & Associates (since 2019);

Junior Associate, TerraLex Law Firm (January – September 2018);

Intern, Adilet Legal Clinic” Public Foundation (September 2016 – August 2017).


LL.M. in International Business Law, Central European University, Budapest, Hungary (2019)

B.A. in International and Business Law, American University of Central Asia, Bishkek, Kyrgyz Republic(2018).



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