Country News

From July 9, 2021, the changes in currency regulation and control regarding the functions of currency control authorities, as well as the rights and obligations of residents (legal entities and individuals) will take place.

The COVID-19 pandemic and related restrictions had a significant negative impact on the economic health of many companies, which made businessmen think about stabilizing of the financial situation in their companies without using loans, credits and other similar instruments.

The Law No. 95-Z “On Amending the Laws on the Issues of Business Entities” (LLCs, SLCs, JSCs) was adopted in Belarus on January 5, 2021.

Since 2019, Russia has begun the mandatory marking of consumer goods, which is valid for manufacturers, importers, and retailers. In 2020, the system included cigarettes, shoes, tires and perfumes. In 2021 it concerns clothes and linen. Bicycles, water, milk and other goods are next in line.

On January 26, 2021, the President of the Republic of Kazakhstan signed the Law “On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on the State Registration of Rights to Real Estate and Legal Entities” No. 412-VI ЗРК. The Law came into force 07.02.2021.