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.

Managing Partner - Ulan Tilenbaev

Ulan Tilenbaev
Managing Partner

“true, natural-born lawyer," and praised for his scrupulous and thorough approach” according to Chambers Global 2015

"smart and competent lawyer" assisting overseas entities with various domestic law issues” according to Chambers Asia Pacific 2017


Kyrgyz, Russian, English, Turkish

Ulan Tilenbaev is managing partner. Ulan has extensive experience representing telecommunication and IT companies, finance and development institutions, companies in the mining and exploration industry, and manufacturers of fast-moving consumer goods, etc. He has been advising foreign and local clients on legal issues including mergers and acquisitions, corporate, business structuring, cross-border transactions, business licenses and permits, competition, technical regulations and others.


- advised USA, Europe, South-East Asia and Middle East-based multinational financial institutions and foreign development banks of China, Netherlands, Russia and Germany in connection with their short-term loan financing, long-term financing of infrastructure projects and equity investments into Kyrgyzstani banks, microfinance institutions and companies;
- advised a Finnish-German, Israeli-Norwegian, USA, Russia, China-based telecom infrastructure companies, vendors of telecom equipment and systems, providers of telecom and electronic solutions on entry into the Kyrgyzstani market and development of their operations;
- advised a Russian hydroelectricity company on start-up of a joint venture for building hydropower plants in Kyrgyzstan and development of operations of such joint venture;
- advised a United Kingdom-based company in connection with its acquisition of mineral rights to engage in gold mining activities in Kyrgyzstan and primary listing on the London Stock Exchange's Alternative Investment Market (AIM);
- advised a Russian integrated oil company in connection with setting up a jet fuel operator joint venture and acquiring a petrol station operator and a petroleum storage reservoir in Kyrgyzstan;
- advised a Chinese company in connection with its acquisition of oil production rights in Kyrgyzstan and primary listing on the Australian Stock Exchange.  


Recognized as a leading lawyer by the Legal 500 Europe, Middle East and Africa 2016


Recommended by Chambers Global as a key expert in the areas of M&A, structured finance and telecommunications.
Recognized in Banking & Finance, Construction & Real Estate Sections of Who'sWhoLegal CIS.

Professional Background

Kalikova & Associates (since 2003).


Jurisprudence (B.A.), American University of Central Asia (2003).

Professional Activities and Affiliations

Association of Lawyers of Kyrgyzstan;
Association of Patent Attorneys of Kyrgyzstan;
International Bar Association.

Speeches and Presentations, Publications

Ulan Tilenbaev often makes presentations to foreign business audiences about promotion and protection of investments and regulatory policy in the Kyrgyz Republic;

Information and reference guide Business in the Kyrgyz Republic: Legal Aspects, Editor-in-Chief, published annually since 2007.



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