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.

Partner - Maksim Smirnov

Maksim Smirnov is a Partner and Head of Taxation practice group of the firm. Maksim Smirnov has advised local and foreign companies on mergers and acquisitions, taxation, antitrust, labor and customs regulation as well as other issues in doing business in the Kyrgyz Republic.


- advised a major Kazakh holding company in connection with the privatization of major energy companies and assets in the Kyrgyz Republic;
- more than once advised well-known international non-commercial organizations operating in the Kyrgyz Republic on labor and tax issues, represented them in employment disputes;
- represented a major international hotel corporation in tax disputes related to incorrect tax assessment and payment and to application of double taxation treaties;
- more than once advised one of the major international audit companies on tax consequences and tax optimization in the Kyrgyz Republic;
- advised a major international tobacco company on antitrust regulation issues;
- more than once participated in performing comprehensive legal audits of major Kyrgyz companies and assets in connection with their acquisition, sale, privatization, or restructuring, and performed legal audits of companies and assets involved in exploration and mining, telecommunications, processing, construction, and insurance business. 


Maksim Smirnov is given credit as a tax professional advising corporate clients on tax structuring and controversial tax matters.

Professional Background

Kalikova & Associates Law Firm (since 2007);
Legal Counsel, Shoro CJSC (2004-2007);
Legal Counsel, Unihelp LLC (2006);
Legal Counsel, Altyn Shaty Presidential Child Academy  (2006);
Legal Counsel, ProjectStroyService LLC (2005);
Instructor of Civil Law and Procedure, Kyrgyz-Russian Slavic University (2004-2005);
Lawyer, SHASS LLC (2002-2004);
Project Coordinator, Young Lawyers of Kyrgyzstan Public Association (2000-2002).


Diploma of Higher Education with Distinction, Specialist in Jurisprudence, Law Faculty, Kyrgyz Russian Slavic University, 2004.

Professional Activities and Affiliations

Member of the IBC Committee on Taxes, Customs and Social Fund.



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