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.

17 May 2016

On May 24, 2016 Kalikova & Associates will participate in the Central Asian Franchising Expo 2016. The organizers of the exhibition are the Investment company East Star Capital with support from the Chamber of Commerce and Industry of the Kyrgyz Republic and the Investment Promotion Agency under the Ministry of Economy of the Kyrgyz Republic.

According to Kalikova & Associates Managing partner Ulan Tilenbaev, the upcoming event should be interesting for the representatives of business community, at least as general information, since such event is new for Kyrgyzstan. According to the organizers of Expo there will be announced 25 franchises of major foreign brands that are ready to enter our market. The practice indicates the growth of potential for franchises and entrepreneurs’ interest in investing in ready-made business projects encouraged by successful examples in the market. In our view, such kind of events can be a good platform for communication and discussion of further cooperation with representatives of different companies and finding new business partners”.

Kalikova & Associates lawyers will present a small workshop on “Legal aspects of franchising” during which the interested persons will have an opportunity to obtain information on franchising and its development in the Kyrgyz Republic.

17 May 2016

The 5th Annual Ak Ilbirs National Film Award ceremony took place at Manas cinema theater on May 13, 2016. The awarding ceremony took place after the demonstration of films shot in 2015 and nominated in 2016. The demonstration of nominated films was held at Chingiz Aitmatov Cinema House in early May. The jury included the members of the Union of Cinematographers of the Kyrgyz Republic. Based on the voting results, Sutak, a film directed by Mirlan Abdykalykov, was announced as the best film of 2015. It previously won Nika Film Award of the Russian Academy of Cinema Arts in the category "Best Film of CIS and Baltic countries."

Home for Mermaids, Uzbekistan, won Ak Ilbirs award in the category “The best film in Central Asia”. The prize for an outstanding contribution to the National Cinematography was awarded to cameramen, Mr. Nurtai Barbiev, the People’s Artist of the Kyrgyz Republic. The prize for an outstanding contribution to the World cinema was awarded to Mrs.Natalia Arinbasarova, the Honored Artist of the RSFSR, the USSR State Prize laureate and a holder of Volpi gold cup at the 26th Venice International Film Festival.

28 April 2016

On April 28, 2016 Ulan Tilenbaev, Managing partner, participated in the Meeting of the Turkic Council which was held within the framework of the 4th business forum.

Participants at the business forum included representatives of the companies from various sectors of economy in particular, mining, tourism and energy industries. Among the guests of the business forum were the representatives of the public and private sector and business community of Azerbaijan, Turkey and Kazakhstan.

The business forum discussed possible cooperation options between the friendly countries and the broadening of trade and economic relations.

27 April 2016

«Business against corruption: modern challenges and tendencies» international anticorruption conference took place in Bishkek last week. The conference was organized by the BizExpert Analytical Center along with the National Alliance of Business Associations (NABA) with support from the German Agency for International Cooperation (GIZ). Kalikova & Associates law firm was represented by Ulan Tilenbaev, Managing Partner.

The main goal of the conference was to attract public attention to the problems of corruption, to discuss existing anticorruption tendencies and mechanisms and to share successful experiences in carrying out anticorruption initiatives. The conference also discussed anticorruption compliance mechanisms for business sector widely used in Europe and USA and helping companies to identify and manage the risks of corruption. Speaking about anticorruption compliance mechanisms, Ulan Tilenbaev noted that their introduction can positively affect foreign investor perceptions of the local business climate. He added that the anticorruption compliance mechanisms should be used by all businessmen who value their businesses and want to go further, all the more so as such mechanisms are not prohibited in the Kyrgyz Republic.

19 April 2016

Kalikova & Associates launches a series of publications containing overviews of arbitration cases involving the Kyrgyz Republic in connection with settlement of investment disputes.

Please see our first case overview, Petrobart versus the Kyrgyz Republic (in russian). This publication is based on the information generally available from public sources.

Please send your feedback to the following address:

18 April 2016

Kalikova & Associates Senior lawyer, Satkyn Beketaeva, took part in the business forum “Kyrgyzstan is the land of new opportunities”. The business forum was organized within the regular meeting of the United States-Central Asian Council on Trade and Investment (TIFA).

The main purpose of the business forum was to strengthen the strategic alliances and to establish new partner relations among the business communities of Central Asia and United States.

14 April 2016

Kalikova & Associates Law Firm was ranked as the top-tier firm in the annual ranking of The LEGAL 500 Europe, Middle East and Africa 2016. This reputable international legal directory noted that Kalikova & Associates “advises a strong roster of Kyrgyz and international clients on a range of commercial matters”.

Gulnara Kalikova, Founding partner and Ulan Tilenbaev, Managing partner were recognized as leading lawyers. Alexander Ahn, partner and head of Banking, Microfinance & Insurance Practice Group was named as a top practitioner in banking and finance law.

01 April 2016

Kalikova & Associates Managing partner, Ulan Tilenbaev, took part in the meeting with the representatives of the business community of Germany accompanying the Minister of Foreign Affairs of Germany during his visit to the Kyrgyz Republic. The delegation included the representatives of major German corporations such us HeidelbergCement, Andritz Hydro, MAN Truck & Bus, Knauf, Claas, Papenburg, Deutsche Kabel and others.

During the meeting, the representatives of Kyrgyz companies informed the German colleagues about the current political situation in the country, economic and fiscal policy, legislative reforms aimed at improving the investment climate and business environment. The Parties discussed the possibilities of development and promotion of economic cooperation between the Kyrgyz and German companies.

The meeting was organized by the International Business Council and was held on March 31, 2016 in Hyatt.

31 March 2016

On March 24 Kalikova and Associates law firm introduced its first issue of a newsletter in taxation and customs issues. The newsletter includes the news of the industry and legislation of the Kyrgyz Republic on taxation and customs issues in Russian and English languages, and will be issued bimonthly.

You may access the first issue by following this link:

Stay updated on the news with us!

17 March 2016

Kalikova & Associates Partners, Ulan Tilenbaev and Alexander Ahn, took part in the Kyrgyz- Czech business forum held in Bishkek on March 16, 2016. The business forum was organized with support from the Kyrgyz and Czech Chambers of Commerce and Industry for representatives of government authorities, diplomatic missions, enterprises, and business associations of both countries.

The main purpose of the business forum was to develop and expand economic relations between the Kyrgyz and Czech companies.



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