ARTICLE
8 April 2021

M&A In Kazakhstan Subsoil Use And Renewable Energy Sectors: Regulatory Approach

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Unicase Law Firm

Contributor

Unicase is a leading law firm in Central Asia, operating both in the region and globally, including Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan. Unicase boasts one of the most expert teams, renowned for its capabilities in regulation and legislative development, which, combined with extensive transaction experience, enables the firm to win major development projects and remain a preferred adviser on corporate law, M&A transactions, dispute resolution, and legislation. Partners and senior lawyers at Unicase have spent a significant part of their professional careers working with leading international operators, which allows them to understand the expectations of both foreign and local clients regarding the format and content of legal consultations, making Unicase a competitive firm.
Branch is a structural subdivision of a foreign legal entity that performs all or part of the foreign entity's functions.
Kazakhstan Energy and Natural Resources

1. Branch is a structural subdivision of a foreign legal entity that performs all or part of the foreign entity's functions.

2. In Limited liability partnerships (LLPs) participants hold interests. An LLP may be formed by one or more participants. The participants in an LLP are not liable for the LLP's debts beyond the value of their contributions. Participants' interests are proportional to their contributions to the charter capital. LLPs in Kazakhstan are separate legal entities that are distinct from their participants. LLP is subject to state registration and taxation.

3. Representative office is established to represent a foreign entity's interests in Kazakhstan. A representative office protects and represents the interests of the foreign legal entity and carries out preparatory and auxiliary activities, such as marketing and advertising. Generally, a representative office may not engage in commercial activity. It is not a separate legal entity.

4. Joint stock companies (JSCs) is a legal entity that issues shares in order to attract investments to finance its activities. Shareholders are not liable for the JSC's liabilities. It may have one or more shareholders. The minimum capital required for a JSC is almost US$ 350,000).

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