Introduction to Civil law

Home assignment 4 (Re-Read)
Statute on Business Partnerships (Закон РК “О хоз. товариществах”)
Statute on Corporations (Закон РК от “Об акционерных обществах”)
Statute on LLP (Закон о Товариществе с огран. ответственностью)
Please see them on the L-Drive

Terms
Physical entities – физические лица
Legal entities – юридические лица
Local Governments – административно-территориальные единицы
IE = Individual Entrepreneur = Индивидуалный предприниматель
General Partnership – Полное товарищество
Limited Partnership – Командитное товарищество
Limited Liability Partnership – Товарищество с ограниченной ответственностью
Joint Stock Company = Corporations - АО

Questions on home assignment

Practice Question 1
Let’s assume that Arman decided
to make a present to his daughter
Raushan.
He decided to give her the
Intercontinental hotel.
Raushan is a four year old girl.
Can Raushan be an owner of the Intercontinental hotel?
Raushan

Practice Question 1
Let’s assume that Arman decided
to make a present to his daughter
Raushan.
He decided to give her the
Intercontinental hotel.
Raushan is a four year old girl.
Can Raushan be an owner of the Intercontinental hotel?
Art. 13 & 14
Raushan

Practice Question 2
Let’s assume that Nastya
17 years of age, would like to
buy a laptop.
Is it regulated by
Civil Law?

Practice Question 2
Let’s assume that Nastya
17 years of age, would like to
buy a laptop.
Is it regulated by
Civil Law?
Art. 1, Civil Code

Practice Question 2
Let’s assume that Nastya
17 years of age, would like to
buy a laptop.
Is Nastya entitled
to do it?

Practice Question 2
Let’s assume that Nastya
17 years of age, would like to
buy a laptop.
Is Nastya entitled
to do it?
Art. 17, Civil Code

Practice Question 3
Let’s assume that Oleg
would like to lease his car
for 16,000 tenge a month.
Does Oleg have
to register as IE
with tax authorities?

Table

III. Parties (chapter 2, KZ Civil Code)
Physical entities
Legal entities
Government
Local governments
Parties – субъекты гражданско-правовых отношений

Plan
Parties to Civil Relationships
Legal entities (introduction)
Types of Legal Entities
Legal Forms
Government (гос-во)
Local Governments
(адм.-террит. единицы)

III. Parties (chapter 2, KZ Civil Code)
Legal
Entities
Юридические
лица

2. Legal Entities
What is
a Legal Entity?

2. Legal Entities
Why
Legal Entities?
If we have Physical people

2. Legal Entities
DEFINITIONS
Legal entities (art. 33, Civil Code)
Assets
Title
Business Management
Operational Management
Liabilities
Have its seal (печать)

2. Legal Entities
Is Ministry of Defense a legal entity?

2. Legal Entities
Can
Ministry of Defense buy, sell or take money for its services?

2. Legal Entities
Is
a Service Station
a legal entity?

Example
Azizi runs a consulting
business.
He would like to borrow
10mln. from Zhenya, and
promises to return him
12mln.
Azizi

Example
A year passed, and Azizi
does not want to give
money to Zhenya.
What happens if Zhenya
made contract with
Legal Entity?
Physical Entity?
Azizi

A. Types of Legal Entities (Art. 34, Civil Code)
Legal Entities
State
Private
Commerical / Not commercial

A. Types of Legal Entities (Art. 34, Civil Code)
Legal Entities
State
Private
For profit / Not for profit

A. Types of Legal Entities (Art. 34, Civil Code)
What
practical importance
has classification:
for profit;
not for profit?

A. Types of Legal Entities (Art. 34, Civil Code)
What
practical importance
has classification:
for profit;
not for profit?
TAXES!!!

Example
You would like to open a training center.
What type of
a legal entity
would you choose?

B. Legal Forms
General Partnership
Limited Partnership
Limited Liability Partnership
Corporation = Joint Stock Company,
etc. (и т.д.)

B. Legal Forms
Why it is important to know different
legal forms of companies?

III. Parties (chapter 2, KZ Civil Code)
Physical entities
Legal entities
Government
Local governments
Parties – субъекты гражданско-правовых отношений

III. Parties (chapter 2, KZ Civil Code)
Kazakhstan

III. Parties (chapter 2, KZ Civil Code)
Local governments /
администрат. территор. единицы