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.

20 May 2015

On May 16, 2015, an official ceremony of the 4th Annual "Ak Ilbirs" National Film Award took place at “Manas” cinema. Presentation of awards took place after the contest show of movies that were shot in 2014 and nominated for film awards this year. Screening of contestant-films was held in Cinema House named after Chingiz Aitmatov. The jury consisted of the famous Kyrgyz filmmakers, members of the Union of Cinematographers of the Kyrgyz Republic, as well as the last year winners of the award. Based on the voting, a historical film "Kurmanjan Datka" directed by Sadyk Sher-Niyaz was acknowledged as the best film of 2014.
Kalikova & Associates, being a partner of the Award for the past four years, provides an independent vote count to determine the winners of "Ak Ilbirs" National Film Awards.

07 May 2015

During the period from April 18 to 25, 2015, Kalikova & Associates lawyers Ermek Mamaev and Kurmanzhan Dastanbek kyzy attended the training course organized by the International Court of Arbitration in affiliation with the Chamber of Commerce and Industry of the Kyrgyz Republic for practicing lawyers interested in learning how to use arbitration opportunities most effectively.

The training covered tips and techniques used at all stages of arbitral proceedings from drafting arbitration clauses to enforcing arbitral awards. Arbitrators made presentations and shared interesting facts about general practice.

Upon completion of the training course, participants were awarded a certificate.

22 April 2015

On April 17, 2015, Kalikova & Associates hosted a delegation of secondary school students at its office. The delegation comprised the students of 7-10 grades of Bishkek secondary school No. 14. The purpose of this event was to acquaint the students with the legal practice of Kalikova & Associates and a career in law in general. Nurbek Sabirov, partner, and Ruslan Sulaimanov and Jyldyz Tagaeva, lawyers, discussed with the students best ways to become a successful lawyer, personal qualities, skills and knowledge necessary to become a high profile expert and shared their success stories.

During the discussion, the students asked questions about the career in law and personal experiences of Kalikova & Associates team.

This event was organized within the framework of the social project: “I consciously choose my successful future” implemented by the Trillionaire Development Center.

07 April 2015

Satkyn Beketaeva, Senior Lawyer at Kalikova & Associates, took part in the training course on legislative drafting in the Kyrgyz Republic held in Bishkek from March 5 to April 3, 2015. The course covered the basic principles of legislative drafting process in the Kyrgyz Republic as well as standards and methods of conducting assessments of legislative drafting process in the Kyrgyz Republic.

The course was organized by Training Center for Legislative Drafting at Kyrgyz State Law Academy under the framework of USAID/DFID Kyrgyz Republic Parliamentary Strengthening Program.

02 April 2015

On March 31, 2015 Kalikova & Associates law firm hosted a seminar on “Labor issues” through the series of seminars for USAID contractors in Kyrgyzstan which have been initiated by the lawyers of Kalikova & Associates.

Issues of hiring employees and consultants by USAID contractors under employment and service agreements, obtaining work permits, visas and registration for foreign employees were discussed during the seminar by lawyers Shuhrat Akhmatakhunov and Jyldyz Tagaeva, the partner Maksim Smirnov.

During the discussion seminar participants shared their experience in recruitment and obtaining consent documents.

25 March 2015

On March 24, 2015, the lawyers of Kalikova & Associates hosted a seminar covering the following topics: state registration of USAID contractors in the Kyrgyz Republic, taxes and insurance chargers and lease agreements for office space. The main focus was on legal requirements applicable to USAID contractors in Kyrgyzstan.

The participants and presenters at the seminar discussed the state registration requirements, taxes and insurance charges arising from payments to employees of USAID contractors, privileges and exemptions granted under the Agreement between the Government of the Kyrgyz Republic and the Government of the United States of America on cooperation to facilitate the assistance dated May 19, 1993. The seminar topics also included the practices of executing, performing and terminating the lease agreements for office space.

The presenters at the seminar were: Shuhrat Akhmatakhunov, Ruslan Sulaimanov, Asel Momoshova, Maksim Smirnov and Ulan Tilenbaev.

25 March 2015

Kalikova & Associates provided expert assistance to members of Parliament in drafting the bill introducing amendments to a number of legal acts such as: the Tax Code, the Civil Code, the Law on State Tax Service, the Law on Protection of Entrepreneurs’ Rights, the Law on State Support of Small Enterprise, the Law on Social Fund of the Kyrgyz Republic, the Law on Accounting, the Law on State Registration of Legal Entities, Branches and Representative Offices, the Law on State Statistics, the Law on Joint Stock Companies, and the Law on Business Partnerships and Companies. The bill introduces simplified procedures for liquidation of legal entities by removing overlapping provisions, eliminating baseless and unnecessary barriers created by public authorities, reducing the period of review of documents by public authorities and lowering administrative pressure. The bill also proposes simplified and optimized procedures for registration of individual entrepreneurs by transferring the registration functions from statistics to tax authorities. The bill passed through first reading in Parliament on March 4, 2015.

24 March 2015

Kalikova & Associates provided expert assistance to the Ministry of Economy of the Kyrgyz Republic in drafting the bill proposing amendments to the Civil Code and the Law on Business Partnerships and Companies. The bill introduces the right of the founders/participants of limited liability companies to form the board of directors and to determine the status and powers of members of the board of directors in the structure of governing bodies of the company. The bill passed through first reading in the Parliament on March 12, 2015.

23 March 2015

Kalikova & Associates provided expert assistance to the Ministry of Economy of the Kyrgyz Republic in drafting the bill proposing amendments to the Labor Code and the law of the Kyrgyz Republic on assuring timely payment of salaries, pensions, allowances and other social benefits. The bill introduces maximum rates of interest on overdue salaries to balance the interests of employers and employees.

The bill passed through first reading in the Parliament on March 12, 2015.

20 March 2015

Kalikova & Associates teamed up with International Business Council provided expert assistance to the Ministry of Economy of the Kyrgyz Republic in drafting the bill proposing amendments to the Investment Law and other laws of the Kyrgyz Republic (Tax Code, Nontax Payments Law). These amendments introduce legal mechanisms facilitating the exercise of investors’ right to stabilization of legal regime.

The bill was passed by the Parliament on December 31, 2014 and signed by the President on February 13, 2015.



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