Kazakhstan Introduces Investor Registry and New Guarantees
Kazakhstan is changing the rules of the game for investors: Investor Registry and new guarantees
New opportunities for business:
Kazakhstan is implementing an Investor Registry.
On December 30, 2024, amendments to legislation aimed at increasing transparency and efficiency of investment activities officially entered into force in Kazakhstan.Law of the Republic of Kazakhstan No. 149-VIII ZRK introduced a new Article 282-3 to the Entrepreneurial Code, which establishes the Investor Registry — an electronic database with key information about investors and their projects.
What Does This Mean for Business?
- simplification of the investment process
- reduction of administrative barriers
- strengthening legal protection of business
The Registry is formed on the National Digital Investment Platform
"One Window" and "Green Corridor" for Investors
The Investor Registry will become an important tool for developing the investment environment, supporting the concepts of “one-stop shop” and “green corridor.”
Now investors will be able to interact with state bodies, local executive authorities, and quasi-state organizations in a unified digital format. This is especially important for large projects valued at over 150,000 times the Monthly Calculation Index (MCI), which are included in the national pool of investment initiatives. In this way, businesses gain not only convenient tools for operations but also reduce time and financial costs associated with administrative procedures.
New legal guarantees: investor protection reaches a new level
For additional legal protection of investors, important amendments have been made to the Civil Procedure Code of the Republic of Kazakhstan. Now, claims related to investors listed in the Registry are subject to mandatory coordination with the prosecutor’s office. The procedure for such coordination will be regulated by the General Prosecutor’s Office of the Republic of Kazakhstan. This creates additional guarantees of legal support, increasing investor confidence and ensuring the stability of the investment climate in the country.
Note. If your rights as an investor are violated, we are ready to assist you:
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Provide legal and tax advice within the framework of investment activities;
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Assist in protecting your rights;
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Support you at all stages of the judicial process.
