Development of corporate law in the Republic of Kazakhstan

Аңдатпа

In this Article its authors claim that the notion of a corporate law does not represent a purely new concept for Kazakhstani legal system and they highlight main stages which modern corporate legislation in Kazakhstan underwent through the Soviet-time period until today. Their view concerning the essence of so called corporate relations and their nature as primarily private-law relations is offered. The authors also make their proposals in connection with the most urgent aspects where current corporate legislation of the Republic of Kazakhstan calls for improvement and further development. Special attention is paid to the idea of an enterprenearial code for Kazakhstan (which the authors do not agree with) and importance of drafting Principles of Civil Legislation for the EAEC for development of Kazakhstani corporate law.
Key words: corporate legislation, company law, corporation, corporate relationships.