Kalikova & Associates provided expert assistance to members of Parliament in drafting amendments introducing simplified procedures for liquidation of legal entities and registration of individual entrepreneurs

Kalikova & Associates provided expert assistance to members of Parliament in drafting the bill introducing amendments to a number of legal acts such as: the Tax Code, the Civil Code, the Law on State Tax Service, the Law on Protection of Entrepreneurs’ Rights, the Law on State Support of Small Enterprise, the Law on Social Fund of the Kyrgyz Republic, the Law on Accounting, the Law on State Registration of Legal Entities, Branches and Representative Offices, the Law on State Statistics, the Law on Joint Stock Companies, and the Law on Business Partnerships and Companies. The bill introduces simplified procedures for liquidation of legal entities by removing overlapping provisions, eliminating baseless and unnecessary barriers created by public authorities, reducing the period of review of documents by public authorities and lowering administrative pressure. The bill also proposes simplified and optimized procedures for registration of individual entrepreneurs by transferring the registration functions from statistics to tax authorities. The bill passed through first reading in Parliament on March 4, 2015.