CodeIn force
Entrepreneurial Code
Entrepreneur Code of the Republic of Kazakhstan
Sets the framework for relations between business and the state: state regulation and control (inspections), price regulation, competition law, state support and investment protection. In force since 1 January 2016.
What matters for an oil & gas company
- State control and supervision are risk-based: inspections and preventive control follow a risk assessment and management system.
- Competition law: abuse of dominance, anti-competitive agreements and unfair competition are prohibited; economic concentration (e.g. acquiring more than 50% of voting shares) is regulated by the antimonopoly authority.
- Investors are guaranteed legal protection and stability of contracts with state bodies (except changes agreed by the parties); investment preferences are granted under investment contracts; investment disputes go to negotiations, courts or agreed arbitration.
- Prices on socially significant markets are regulated by the state, including retail sale of commercial gas and of LPG through group tank installations.
The summaries are for orientation and are not legal advice. Only the official text is legally binding. Checked in September 2026.