Legal services provided - migration law (support for obtaining citizenship), corporate law (incorporation, business support, support in licensing, opening accounts), contract law (support in foreign trade), support in legal proceedings, labor law, tax law (consulting, disputes), support of real estate transactions.
Eduard Nisanov, a lawyer, head of the legal office in Bishkek, Kyrgyzstan: “Establishment of an office in Kyrgyzstan is driven by several factors:
- Kyrgyzstan is a member of the Eurasian Economic Community, as well as Russia. On the territory of all member states uniform customs regulations and technical regulations are enforceable. The said country is not subject to any sanctions which may prevent the supply of goods from the European Union and the United States. Loyal customs policy, special regimes.
- In case of proper establishment of business processes of a company, this jurisdiction allows to perform parallel imports to the fullest extent.
- The laws and regulations of Kyrgyzstan are executed in Russian and has common origin with Russian law and regulations. Communication inside the country is carried out in Russian, which is convenient for Russian-speaking principals. Russian, along with Kyrgyz, are official languages.
- Possibility of obtaining citizenship of Kyrgyzstan using the simplified procedure, for citizens born in the territory of the USSR before December 1991.
What Russian businesses which do business in the said jurisdiction shall know:
- Staff costs and real estate rental are much lower than in Russia;
- Attractive taxation system;
- 10% income tax;
- 12% VAT refund, if any;
- The most popular form of corporate legal entity for doing business in the territory of the Republic of Kyrgyzstan is limited liability company (LLC). There is a simplified taxation system with 4% income rate (unified tax on imputed income);
- Registration at the place of residence without any constraints in the public service center.
Migration Law
The lawyers of “Aronov & Partners” office in the Kyrgyz Republic have extensive experience in provision of legal services in the region, including on migration law.
Provided services in this area:
- Legal support in obtaining citizenship of the Kyrgyz Republic;
- Preparation and collection of necessary documents;
- Representation of interests of a person in state bodies;
- Submission of documents and legal support of the process before obtaining a passport.
Corporate law
The team has extensive experience in provision of legal services in Kyrgyzstan, including legal support of M&A projects (transactions) of large international companies operating in transport and consumer sectors, construction holdings, investment, trading and IT companies.
The lawyers of “Aronov & Partners” provide legal support in M&A projects (transactions), including the following services:
- Establishment and structuring of business (registration of companies, support of licensing procedures, opening bank accounts, accounting support, selection of office premises), compliance with all regulatory requirements and sanctions in the regulated business areas;
- Giving advice on corporate restructuring (reorganization and liquidation);
- Holding negotiations and development of commercial contracts;
- Giving advice on any aspects of corporate relations, including corporate governance matters, development of corporate procedures and policies provided by laws and regulations, their implementation and subsequent verification;
- Preparation of documentation and organization of meetings of the board of directors and/or general meetings of shareholders (members);
- Protection of business owners against corporate takeovers (hostile takeover);
- Legal support of business/ non-profit entities;
- Registration of Russian/Belarusian IT-specialists/companies in the High Technology Park of the Kyrgyz Republic, which provides preferential taxation system and possibility of ensuring smooth cooperation with counterparties from the US and EU countries;
- Preparation of business contracts/agreements, including according to Incoterms 2020.
Tax law
The specialists of “Aronov & Partners” provide Kyrgyz and international taxation advice to legal entities in the course of their business.
Legal services provided in this area:
- Giving tax advice;
- Giving advice on doing business in the Kyrgyz Republic to individuals and legal entities which are residents of the Russian Federation;
- International tax structuring (incorporation of financial companies);
- Protection, representation of interests of principals during field tax audits;
- Administrative and judicial appeal against orders of tax authorities;
- Appeal of tax regulations in courts.
The team of “Aronov & Partners” is ready to provide a wide range of legal services in the area of tax audit support and tax advice.
Dispute resolution and administrative proceedings
The specialists of “Aronov & Partners” advise on dispute resolution, represent interests of principals in courts and governmental authorities of the Kyrgyz Republic, and, inter alia, provide the following legal services:
- Handling of claims / pre-trial processes;
- Representation of interests before governmental authorities;
- Submission of procedural instruments to governmental authorities and to judicial bodies.