Professional paper
https://doi.org/10.22598/iele.2023.10.2.10
FEATURES OF THE LEGAL REGIME OF INVESTMENT IN SPECIAL ECONOMIC AND INDUSTRIAL ZONES IN THE REPUBLIC OF KAZAKHSTAN
Damir Akhmetov
; Higher School of Law, Astana International University, Astana, Republic of Kazakhstan
Aiman Kussainova
; Higher School of Law, Astana International University, Astana, Republic of Kazakhstan
Abstract
This article considers the general characteristics of the business climate of Kazakhstan, the possibility and conditions of registration of legal entities, licensing of the right of activity, and legal analysis of special economic and industrial zones. The purpose of this study is a comprehensive analysis of the legal regime of foreign investment in special economic and industrial zones of Kazakhstan, analysis of the regulatory framework, and its due compliance with leading international agreements. For a comprehensive analysis, the study employed generally accepted methods of theoretical and empirical analysis of investment policy and activities of the Republic of Kazakhstan as the main research methods. Using the dialect method, the dynamics, characteristics, and significance of special economic and industrial zones were considered. Based on the results of this study, it can be concluded that due to the imperfection of the legal mechanism of the functioning of special economic and industrial zones, foreign investment in these areas requires an additional mechanism of legal regulation according to the national regulatory framework. Prospects for further research can be presented by improving the legal climate of the state and introducing specialized measures to attract both national and foreign investors.
Keywords
special legal regime of entrepreneurship; foreign investment; investment process; statutory regulation; tax benefits
Hrčak ID:
313120
URI
Publication date:
29.12.2023.
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