Country News

The reason for the bankruptcy of a legal entity can now be debt of RUB 2 million, instead of the previous RUB 300 000.

Changes in Uzbek legislation include the introduction of an electronic consignment note system, simplification of licensing procedures, improvement of customs procedures, and regulation of insolvency.

SCHNEIDER GROUP Belarus celebrates 15 years of success in supporting international companies in Belarus.

The restriction applies from a minimum amount of approx. 3 million Belarusian roubles and requires special authorisation from regional executive committees for payment processing.

As of January 2024, managers, founders, individual entrepreneurs, and their spouses must file asset and liability declarations as part of the implementation of Kazakhstan's Plan of the Nation (100 concrete steps).