The delegation of sixteen UK companies, led by British Ambassador to Kyrgyzstan Robin Ord-Smith and Nigel Peters, the director of London based consultancy firm British Expertise, took part in the Kyrgyz-British Forum, "A World of Opportunities."

February 13, 2017

Some issues regarding the right of a shareholder of a limited liability company to withdraw from the company

The Civil Code of the Kyrgyz Republic provides that a shareholder of a limited liability company has the right to withdraw from the company at any time, irrespective of the consent of other shareholders (Article 134).

January 26, 2017

Kalikova & Associates: Doing Business in Kyrgyz Republic: Legal Aspects

Kalikova & Associates presents updated information and reference guide "Doing Business in Kyrgyz Republic: Legal Aspects", 2016 edition

January 26, 2017

Emerging trends in 2017 suggest greater need for responsible leadership for funding, developing and operating infrastructure: KPMG report

Many of global trends underscore a drive for more responsible leadership to improve approaches to funding, developing and operating infrastructure.

January 4, 2017

Eurasian Economic Union: Customs Code, trade and investments

Heads of the Eurasian Economic Union member states signed the EEU Customs Code at the summit of the Supreme Eurasian Economic Council on December 26 in St. Petersburg. The new Customs Code will enter into force from July 1, 2017.

December 12, 2016

On amendments to the legislation on foreign migration relating to the registration of foreign nationals

Lawyers of the Kalikova & Associates law firm have prepared an Information Letter about the latest changes in the legislation of the Kyrgyz Republic on foreign migration related to the registration of foreign citizens.

December 9, 2016

BIF seeks to contribute to long-term investment in SMEs

Members of the International Business Council took part in the Bishkek Investment Forum 2016 (BIF) held on December 8 in Kyrgyzstan. The JIA Business Association together with the Economy Ministry of Kyrgyzstan, the Embassy of India in Kyrgyzstan and the FSDS Public Foundation organized the forum.

December 2, 2016

Employment of foreign specialists needs to be simplified in Kyrgyzstan

There is a bill with amendments to the law “On Foreign Migration”, drafted by the Investment Promotion and Export Agency with the participation of the International Business Council (IBC). The bill was submitted to Parliament but it has not been discussed yet.

October 25, 2016

Untapped potential of Kyrgyzstan’s tourism industry

According to international experts, Kyrgyzstan currently uses less than 15 percent of its tourist potential. Further development of tourism requires urgent solution of many issues at the state and interstate levels, IBC Executive Director said at the recent roundtable to discuss problems and prospects of the tourism industry in Kyrgyzstan.

October 15, 2016

Kyrgyzstan and China to boost investment, trade

Chinese investments in Kyrgyzstan amounted to $120 million in the first 8 months of 2016, 57.5% more compared to the same period in 2015.

October 3, 2016

IFRS news: IFRS 9: Financial Instruments – high level summary

IFRS 9 is effective for annual periods beginning on or after 1 January 2018 and, subject to local endorsement requirements, is available for early adoption.

October 3, 2016

The implementation of IFRS 9 impairment requirements by banks

The Global Public Policy Committee (GPPC) has issued its report “The implementation of IFRS 9 impairment requirements by banks”, which aims to promote the implementation of accounting for expected credit losses to a high standard.

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