Full-Service Business Law Firm in Bishkek, Kyrgyzstan

Kalikova & Associates

71, Erkindik Avenue
Bishkek 720040

Phone+996 (312) 666060
Fax +996 (312) 662788

Law Firm Overview

Kalikova & Associates (K&A) is a business law firm located in Bishkek, Kyrgyzstan. Practice areas include antimonopoly regulation and competition, contracts, corporate issues, capital markets, employment, migration, personal data protection, environmental protection and health and safety,

Areas of Law

Articles Published by Kalikova & Associates

 Intellectual Property in the Kyrgyz Republic

The legal framework for intellectual property (IP) protection in the Kyrgyz Republic includes national legislation and international treaties to which the Kyrgyz Republic is a party.

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 Real Property in the Kyrgyz Republic

According to the Civil Code of the Kyrgyz Republic, (80) immovable property includes land plots, subsoil portions, detached water objects, forests, perennials, buildings, structures, and all objects closely linked to land, i.e., all objects that may not be moved without damage incomparable to their purpose.

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 Employment Relations in the Kyrgyz Republic

The principal legal act regulating employment relations is the Labour Code of the Kyrgyz Republic.

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 Banking Systems in the Kyrgyz Republic

The banking system of the Kyrgyz Republic consists of the National Bank of the Kyrgyz Republic and commercial banks. Banking activities are regulated by the Law of the Kyrgyz Republic “On the National Bank” and the Law of the Kyrgyz Republic “On Banks and Banking”.

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 Currency Exchange Control in the Kyrgyz Republic

The legislation of the Kyrgyz Republic (68) provides that a financial liability must be expressed and settled in the national currency. The use of foreign currency and payment documents in foreign currency for settling financial obligations within the territory of the Kyrgyz Republic is allowed in cases and subject to procedures established by legislation.

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 Accounting and Audit in the Kyrgyz Republic

In the Kyrgyz Republic, International Financial Reporting Standards developed by the International Accounting Standards Board (London) are applied as uniform basis rules for accounting and financial reporting.

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 Taxes and Duties in the Kyrgyz Republic

Taxation in the Kyrgyz Republic is regulated by the Tax Code of the Kyrgyz Republic and other regulatory legal acts. The competent authority exercising control over compliance with tax laws and full and timely payment of taxes is the State Tax Service under the Government of the Kyrgyz Republic.

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 Licenses and Permits in the Kyrgyz Republic

Licensing is regulated by the Law of the Kyrgyz Republic “On Licensing and Permits System in the Kyrgyz Republic”. Banks, financial/lending institutions, and other institutions regulated by the National Bank of the Kyrgyz Republic are licensed subject to special laws to the extent not inconsistent therewith.

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 Investment Climate in the Kyrgyz Republic: Legal Aspects

2.1 Legal Framework for Investment Activities Since investments are a major prerequisite for economic development in the Kyrgyz Republic, investment legislation of the country is quite liberal.

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 Forms of Business in the Kyrgyz Republic

Branches and representative offices of foreign companies are not considered to be Kyrgyz legal entities. They are endowed with the property of their foreign founders, and act on the basis of the approved bylaws.

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 Legal Status of Foreign Nationals in the Kyrgyz Republic

3.1 Visa and Registration Requirements Subject to the legislation of the Kyrgyz Republic, foreign nationals and stateless persons may enter the Kyrgyz Republic for temporary or permanent residence on the basis of a visa, temporary or permanent residence permit.

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