GRATA Legal Digest, October 2022

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GRATA Legal Digest, October 2022

October 2022

Uzbekistan adopts a new Law on Electronic Digital Signature

The President of the Republic of Uzbekistan signed the new Law “On Electronic Digital Signature” No. ЗРУ-793 dated October 12, 2022 (the “Law on EDS”).

By the Law on EDS, an electronic document certified by the EDS of a legal entity is equated to a paper document certified by the seal of a legal entity, subject to the following conditions:

  • EDS authenticity confirmed.
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Table of contents
Belarus
Kazakhstan
Kyrgyzstan
Moldova
Uzbekistan


We inform you that the Almaty office is moved to a new location: Esentai Tower Business Center, Al-Farabi Avenue 77/7, 10th floor, 050040

News and insights from GRATA International 

We invite you to take part in the online conference, which will be held on November 23, 2022. Topic: Contemporary issues in the field of protection of IP objects in GRATA International countries: Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Russia, Uzbekistan.

Protection of intellectual property is one of the most important areas of law. In the age of information technology, organizations and individuals are increasingly faced with the threat of violations of intellectual property rights, with unfair competition among companies and other problems in the field of protecting the rights and interests of intellectual property owners. In this regard, the protection of the rights and interests of intellectual property subjects comes to the fore.

Conference start: 9.00 -12.30 (Moscow time) / 7.00 - 10.30 (CET time).

The conference will be held in 2 sessions:

The first session will be held in Russian by the speakers from: Belarus, Kazakhstan, Kyrgyzstan, Russia, Uzbekistan.

The second session will be held in English by the speakers from: Azerbaijan, Georgia, Mongolia.

A detailed program is available here.

Register here →

On November 10, 2022, GRATA Mongolia will host a webinar on starting a business in Mongolia.

Mongolia is a Central Asian country bordering China and Russia.

To this day, Mongolia has trade relations with more than 80 countries in the world. The trade turnover is more than 2 billion US dollars, and more than 40% of it is trade with the Russian Federation and the People's Republic of China, and the rest is trade with countries such as Japan, the USA, South Korea, Switzerland.


The speakers will be Bolormaa Volodya - Partner, Buyanjargal Tungalag - Associate, Namuun Ganbileg - Junior Associate.


Time: 11:30 (Ulaanbaatar time).

During the webinar, we will cover topics such as:

  • Legal forms of starting a business in Mongolia

  • Obligations of a non-resident taxpayer

  • Enforcement proceedings of foreign courts decision and arbitral awards.

Register here →

Who will be interested in the webinar:

-Foreign and local entrepreneurs;

-Foreign investors.

On November 15, 2022Dmitry Samigullin, Managing Partner at GRATA International Samara will hold a webinar on "Formation of partnerships between co-owners of the business".

Time: 10:00 (Samara time).

The webinar will cover the following topics:

  • How personal relationships between business partners affect its effectiveness and how to formalize them legally.
  • Instruments formalizing corporate relations under the current legislation.
  • The value of a partnership agreement in business.

The webinar will be of interest to: 

  • business owners;

  • company leaders;

  • individuals who want to start a new business.

Register here →
Belarus

Regulation of prices of goods

On October 6, 2022 the Presidential Directive "On the unacceptability of price increase" was adopted. As a follow-up, the Council of Ministers Resolution No. 713 "On the system of price regulation" (hereinafter - the Resolution No. 713) was adopted. These acts established a ban on increasing of prices for most groups of goods.

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News of Belarus

New Law "On licensing"

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Kazakhstan

Public-Private Partnership as a Legal Concept and its Features in the Civil Law of the Russian Federation and Central Asian Countries and Issues Related to Due Qualification of the Public-Private Partnership Contract

Since the Soviet Union collapse in 1991, the Central Asian countries and Russia have been in constant search and adjustment of optimal legal mechanisms for attracting private capital to create and upgrade public infrastructure. Apart from the fact that all these countries have laws on concessions, as well as other contractual forms of investment agreements with the participation of public legal entities, there are specialised laws on state-private partnerships (‘SPP’) adopted in Tajikistan in 2012, in Kazakhstan and Russia in 2015, in Uzbekistan in 2019, and in Kyrgyzstan and Turkmenistan as recently as 2021.

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News of Kazakhstan

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Kyrgyzstan

On the issues of regulation of relations arising from the circulation of virtual assets

Based on the Decree of the Cabinet of Ministers of the Kyrgyz Republic of September 16, 22, No. 514, in order to regulate the relations arising from the circulation of virtual assets, the Cabinet of Ministers of the Kyrgyz Republic adopted the following regulatory legal acts.

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News of Kyrgyzstan

On approval of the Instruction "On conducting inspections of the activities of payment system operators and payment organizations"

On reducing the amount of fees for state registration (re-registration) of legal entities

On amendments to the Resolution of the Cabinet of Ministers of the Kyrgyz Republic "On approval of the procedure for providing guarantees to subjects of the national economy" dated June 20, 2022 No. 326.

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Moldova

Gambling sector in the republic of Moldova

The Moldovan gambling sector is regulated by the Law no. 291 of 16.12.2016 regarding the organization and conduct of gambling (hereinafter Law no. 291/2016). It establishes the way of organizing and carrying out activities in the field of gambling, the rights and obligations of the game organizer and the player, the state policy in the respective field, as well as the restrictions on the development of this activity to protect the morality, rights and legitimate interests of citizens.

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News of Moldova

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Uzbekistan

Uzbekistan adopts the Law “On Electronic Commerce” in a new edition

The President of the Republic of Uzbekistan signed the Law “On Electronic Commerce” No. ЗРУ-792 dated September 29, 2022 (the “Law on Electronic Commerce”).

The authorized state body in the field of e-commerce is the Ministry for the Development of Information Technologies and Communications of the Republic of Uzbekistan.

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News of Uzbekistan

There has been approved the list of materials and equipment exempt from customs duty in Uzbekistan

The Central Bank of Uzbekistan has approved the procedure for creating a special legal regime in the area of financial services

Uzbekistan strengthened requirements for the protection of personal data

Some customs duties for certain types of goods are canceled in Uzbekistan

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