asialaw Analysis

General business law

Aequitas remains a top-tier choice for local counsel. It specialises in banking and finance, labour and employment, M&A, natural resources and environmental law. The firm has been expanding in the areas of healthcare and pharmaceuticals and has developed recognition in the market for specialist areas such as insurance, media and customs. It is also foraying into the bitcoin and cryptocurrency space with recent work representations. Managing partner Olga Chentsova is a key contact.

Client feedback 

“Aequitas is very responsive, flexible and thoughtful with regard to the client’s business concerns.” – Corporate and M&A

Tair Kulteleev

“Very quick in responding to the client’s business concern.”

Work highlights 

Advised ForgeGlobal on issues relating to the acquisition and sale of securities by the US-based brokers to clients who are Kazakhstan residents.

Advised Coinhub on complying with Kazakhstan’s law and regulation regarding activities of cryptocurrency exchanges.

Acted as the local counsel for Thyssenkrupp on the Kazakhstan part of the company’s restructuring.

Key clients

Berlin Chemie, DAI Global, Johnson & Johnson, Unilever

Bolotov & Partners

Bolotov & Partners is the leading IP specialist firm in the market. It provides services covering registrations of trademark, patent and copyright in Kazakhstan, and other Central Asian countries of the CIS. The firm assists in the protection and enforcement of trademark rights, preparation of assignment and licence agreements, matters related to copyright, utility models, patent and domain name-related issues. Managing partner Yuri Bolotov is a registered patent and trademark attorney of Kazakhstan, with more than 20 years of experience.

Work highlights 

Advised Toyota Motor Corporation on trademark enforcement in Kazakhstan.

Represented Louis Vuitton Malletier in court against the import of counterfeit sneakers in Kazakhstan.

Key clients

Louis Vuitton Malletier, Toyota Motor Corporation

Sayat Zholshy & Partners

With offices in Almaty and Astana, Sayat Zholshy & Partners has been serving its clients for more than two decades. The firm has partnered with the IFC over the past three years on developing a corporate governance programme for Kazakhstan. Senior partner Arman Berdalin leads the firm’s Astana office and he is experienced in corporate governance and M&A.

Work highlights

Provided legal advice to TengizTransGaz and Alautransservice, the largest private owners of railcars for transportation of liquefied gas in the Republic of Kazakhstan, in connection with the setup of a foreign holding structure.

Advised CAIH Power on corporate and tax matters in relation to the structure of business and transactions in Kazakhstan.

Advised PM Lucas Kazakhstan on tax matters in Kazakhstan.

Key clients

CAIH Power,PM Lucas Kazakhstan, Tartyp Join Stock Company

Signum Law Firm

Signum Law Firm provides legal services in the areas of construction, corporate and M&A, dispute resolution, employment, IP and regulatory compliance. Last year the firm engaged in a number of corporate, finance and regulatory projects that affected industry sectors and helped shape law enforcement practice. Managing partner Sofiya Zhylkaidarova has a record of advising oil and gas, and mining companies for more than 20 years on strategic acquisitions and various subsoil use issues.

Client feedback 

They keep themselves very up to date in all aspects of their clients’ work-related requirements and they have very positive communication skills.” – Energy

Sofiya Zhylkaidarova

“She is an excellent lawyer with a modern approach and is always seeking ways to improve herself and her team.”

Work highlights 

Advised Yandex, a NASDAQ-listed and Holland-headquartered transnational technology company, on general corporate and business matters.

Advised Wolt, a leading Finnish technology company, on the Kazakh regulations relating to the client’s intentions to expand its presence in Kazakhstan with innovative products and services.

Provided legal service to CITCO Group, the world’s largest hedge fund administrator, on managing more than $1 trillion of assets and related corporate law matters.

Key clients

Canarax Trading LLC, Medtronic, Wolt, Yandex

Tukulov & Kassilgov

Established in 2020, Tukulov & Kassilgov is a Kazakhstan law firm specialising in dispute resolution. Drawing on rich and unique experience of its partners Bakhyt Tukulov, Ravil Kassilgov, and Nataliya Shapovalova, the firm takes on complex cases.

Work highlights

Represented G-Taxi in the infringement case relating to automated taxi ordering system against a Russian multinational.

Representing major telecoms operator KazTransCom in a shareholder dispute in Kazakhstan.

Key clients

Huawei, Oppo, Samsung, Sulpak


Unicase provides legal services in the areas of corporate and M&A, finance and securities, dispute resolution, environment, labour and tax law. It recently expanded into the neighbouring Uzbekistan market with a new office in Tashkent that focuses on the full economic spectrum, from working on PPP projects to growing its renewables client base. Managing partner Saniya Perzadayeva is an expert in project finance and construction. Partners Artem Timoshenko, Zhanar Abdullayeva and Rausahana Chaltabayeva round out the leadership team.

Work highlights 

Providing corporate services to TKJV operating in the North Caspian region. Supporting the company to participate in local tenders and ensure the company is compliant with local laws and regulations.

Advised ValvTechnologies on the establishment of a valve manufacturing plant in Kazakhstan’s Atyrau region. The firm also provides day-to-day legal service to the client.

Advising China Civil Engineering Construction Corporation (CCECC) on all legal issues arising in the client’s construction activity in Kazakhstan.

Key clients

British Embassy, China Civil Engineering Construction Corporation, EBRD, GlaxoSmithKline, Sailing Leasing, Schmidt Kranz GHH Kazakhstan

Artyushenko & Partners

Artyushenko & Partners is a boutique law firm focusing on real estate and construction. The firm specialises in the construction, development and litigation segments of real estate. Partner Andrey Artyushenko heads the firm’s construction practice and is renowned for his experience in FIDIC and EPC construction contracts in Kazakhstan and ex-Soviet Union countries.

Work highlights

Provided legal support to Alstef Group on the reconstruction of the international airport in Kazakhstan.

Provided regulatory services to a well-known international company on documentation necessary for the construction of a new DIY trade centre in Kazakhstan.

Key clients

Alstef Group