News and developments

Real Estate & Property

Legal risks in real estate transactions

Real estate transactions in Kazakhstan are complex as in many countries because of legal issues and documentation. Documentation is one of the most important parts of real estate along with its condition and location.
25 May 2021
Intellectual Property

Issues of protection trademark in domain names in Kazakhstan

Nurzhan Stamkulov, Aidana Satimova Lawyers, Synergy Partners Law Firm Often we face with the fact that the domain name violates the trademark rights of the owner. For example, someone registers a website with a domain name synergy-partners.kz, violating the rights to a trademark owned by Synergy Partners Law Firm LLC. Trademark owners have a question how to protect their trademark rights and which laws regulate this question.
08 January 2021
Intellectual Property

Issues of protection trademark in domain names in Kazakhstan

Nurzhan Stamkulov, Aidana Satimova Lawyers, Synergy Partners Law Firm Often we face with the fact that the domain name violates the trademark rights of the owner. For example, someone registers a website with a domain name synergy-partners.kz, violating the rights to a trademark owned by Synergy Partners Law Firm LLC. Trademark owners have a question how to protect their trademark rights and which laws regulate this question.
08 January 2021
Corporate and Commercial

How to close business by bankruptcy procedure in Kazakhstan

Symbat Tursyngali, Anar Kubeyeva Lawyers, Synergy Partners Law Firm  A company, for example LLC[1], has decided to close its business. In this case there are several options:
05 June 2020
Corporate and Commercial

How to close business by bankruptcy procedure in Kazakhstan

Symbat Tursyngali, Anar Kubeyeva Lawyers, Synergy Partners Law Firm A company, for example LLC[1], has decided to close its business. In this case there are several options:
18 May 2020
Employment

Employment law remarks in Kazakhstan

Ms. Symbat Tursyngali Associate, Synergy Partners Law Firm LLC In Kazakhstan, there are certain negative consequences for violation of the labor regulations. For this reason, the foreign companies entering the Kazakhstan market often address the consultants on various employment questions. In this article you may find general and brief information about employment agreement questions that the foreign companies often address in Kazakhstan.
23 March 2020
Corporate & Commercial

Shareholder's Agreements In Kazakhstan

When a foreign investor wants to invest in Kazakh partner’s startup project, a joint venture is created. The first thing to take care of in such case is the shareholders’ agreement. [1] The shareholders’ agreement is the main document that can protect the foreign investor from any possible risks and losses. Thus, we believe that the shareholders’ agreement should have the main focus and attention in the beginning of the cooperation.
28 October 2019
Corporate & Commercial

Personal Data Protection In Kazakhstan

The Law “On personal data and their protection” was adopted in 2013 in Kazakhstan. Despite adopting such law, many companies in Kazakhstan still do not know how to collect, process, store, transfer individuals` personal data. In this article you may find answers to the most relevant questions on personal data protection in Kazakhstan.
28 October 2019
Intellectual Property

Remedy Against Trademark Infringement

Mr. Nurzhan Stamkulov, Ms. Dina Bektemirova Kazakhstan legal framework provides a legal protection for owners of intellectual property. This article focuses on trademark infringement and legal actions available to protect brands.
28 October 2019
Finance

Problems In Kazakhstan Pension System

Synergy Partners Law Firm State Pension Fund. Kazakhstan made a state monopoly on managing pension assets in 2013. Prior that reform about dozens of private pension funds in Kazakhstan that had been a major driver for a local stock market and finance. Nowadays JSC United Pension Fund accumulates all pension contributions and manages all pension assets; however, its revenues are negative. JSC United Pension Fund (JSC UPF) is fully owned state company.
03 October 2022
Corporate & Commercial

Corporate Governance Problems in Kazakhstan

In the course of our (Synergy Partners Law Firm) corporate law practice, we conducted legal due diligence in relation to more than 15 different Kazakhstani companies of different sectors, both large and medium-sized. Our experience helped us to identify some common problems in corporate governance. These problems can be observed by financiers, accountants and managers, but we would like to share these observations as professional corporate lawyers.
03 October 2022