WWW.TRANSPARENCYKAZAKHSTAN.ORG OPTIONS

www.transparencykazakhstan.org Options

www.transparencykazakhstan.org Options

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There isn't any constraints or limitations placed on overseas traders in converting, transferring, or repatriating cash connected to an financial investment.

The whole process of community feedback looks overregulated. Publication takes place with out broad notifications, and those that desire to participate must register ahead of time.

Казахстан все-еще сталкивается с такими проблемами, как недостаточная прозрачность действий Правительства, отсутствие полной независимости судебной власти и использование влияния политических элит в своих узких экономических интересах.

Айдар Егеубаев, Председатель «Транспаренси Интернэшнл-Казахстан»:

The latter two surveys in particular would enrich Iraq’s Over-all evaluation given that they are dependant on several surveys of businesspeople who work In the place. Their sights would present way more Perception as opposed to skilled assessments executed by experts that aren't located in Iraq and do not need common interactions with public sector bureaucrats.

December 2023 amendments to your Subsoil Code taken off a lot of the extreme files required for participation in oil and gas auctions, prolonged the utmost exploration period of time, and permitted license applicants to apply on paper or digitally through minerals.gov.kz and resubmit programs right after rectifying specialized problems.

The Entrepreneurial Code has a piece on social obligation, which is described as a voluntary contribution for the event of social, environmental, as well as other spheres. This results in disorders for RBC but are not able to power entrepreneurs to take socially dependable actions.

The government encourages foreign investors to utilize the capacities with the AIFC arbitration Heart plus the AIFC court docket additional actively.

Secured interests in assets (set and non-fixed) are regarded underneath the Civil Code plus the Land Code. Agricultural land and selected other all-natural assets may well only be owned or leased by Kazakh citizens.

Foreign traders may get involved in privatization assignments. However, the process to do so is prolonged and should present difficulties for foreign organizations. Sometimes, The federal government authorized gross sales of inventory of SOEs, such as by way of IPOs and SPOs, which might be Similarly open up to overseas and domestic buyers.

The Parliament also started more info off discussion in March 2024 with a bill that might decriminalize tax glitches in reaction to numerous investors’ complaints.

The government signed on to your Extractive Industries Transparency Initiative (EITI) in 2007. Kazakhstan produces EITI studies that disclose revenues from the extraction of its organic methods. Companies disclose what they have paid out in taxes and various payments, and the government discloses what it has acquired; both of these sets of figures are then compared and reconciled.

Due to the fact Just about every in the assessments uses another scoring scale, the CPI standardises these scores utilizing a mathematical calculation to make sure that benefits is often in contrast and aggregated.

The technological storage or access that is certainly used solely for statistical purposes. The specialized storage or obtain that's utilised completely for anonymous statistical needs.

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