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September 25, 2017
Methods of Securing Transactions for Project Financing
Currently, many financial institutions, involved in project financing in the Kyrgyz Republic, are interested in refundability of their investments. In respect thereof, questions on the legal ways to ensure the investments refundability arise.
September 18, 2017
Specific employment regulations for senior executives in limited liability and joint-stock companies in the Kyrgyz Republic
Senior executives in a limited liability or joint stock company (the "company") refer to a category of employees with special managerial status who are subject to specific requirements and conditions upon hire. Consequently, an employment agreement with a senior executive must be tailored to suit specific needs of such status and, like any employment agreement, must equally protect the senior executive as the employee and the company as the employer.
August 11, 2017
Changes to the Law of the Kyrgyz Republic “On Personal Information”
The development of the legislation in the field of protection of personal information in the Kyrgyz Republic has started relatively recently. On April 14, 2008, the Kyrgyz Republic adopted Law No. 58 “On Personal Information” (hereinafter the “Law 2008”), aimed to strengthen the state policy in the field of personal data management, as well as to protect the rights and freedoms of people whose personal data are being collected, processed and used.
July 19, 2017
CEOs around the world expect an increase in tax rates in the next three years
KPMG interviewed over a thousand business leaders from corporations in Europe, America and Asia to know their opinion about key economic issues. The Global CEO Outlook 2017 includes leader’s opinions from 11 industries – from automotive industry to retail and pharmacy.
July 16, 2017
Big American companies tapping investment opportunities in Kyrgyzstan
Kyrgyzstan-US business forum was held on July 11 in Bishkek as part of the visit of a trade mission of major American companies to Kyrgyzstan. During the forum, the US trade mission held B2B meetings with local companies and government agencies.