Legal status of business partnerships under the legislation of the Republic of Kazakhstan and the Russian Federation


Begazova G.Zh. Amangeldy A.A. Tarap Z.D. Nurkhanova A.G.-G.
2021FrancoAngeli

Rivista di Studi sulla Sostenibilita
2021Issue 2111 - 125 pp.

The progress of market relations without fail requires a theoretical understanding of the various legal forms of doing business, where special attention is given to business partnerships. In world practice, such enterprises are successfully used for small and medium-sized businesses. At the present stage, this legal form is used to create short-term joint ventures, especially for the implementation of short-term investment projects. The issues of the legal status of business partnerships as a factor of sustainable development are traditionally widely covered in civil law, at the same time, the legal status of business partnerships of the Republic of Kazakhstan and the Russian Federation should be given more attention in the context of the realities of todays innovative processes and reforming national legislation. The research using approbation of a set of scientific methods made it possible to reveal legal approaches to the study of business partnerships, to analyse the relevant current legislative framework, to assess its effectiveness and compliance with the requirements of updated business processes. The article substantiates that business partnerships are the most accessible legal form of doing business in many countries, while also remaining the prevailing form in the territory of the Republic of Kazakhstan and the Russian Federation. In turn, it was stated that the legislation of the Russian Federation is only on the way of its comprehensive reform in the field of legal regulation of the position of business partnerships (general and limited partnerships), which requires a balanced development and adoption of a single federal normative legal act. Copyright

Additional liability partnership , Economic activity , General partnerships , Limited liability partnership , Limited partnerships , Registering authority

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Department of Civil Legal Disciplines, Eurasian Law Academy Named After D.A. Kunayev, 107 Kurmangazy Str., Almaty, 050000, Kazakhstan
Department of Constitutional, International Law and Customs, Eurasian Law Academy Named After D.A. Kunayev, 107 Kurmangazy Str, Almaty, 050000, Kazakhstan
Department of Economics and General Education, Eurasian Law Academy Named After D.A. Kunayev, 107 Kurmangazy Str, Almaty, 050000, Kazakhstan

Department of Civil Legal Disciplines
Department of Constitutional
Department of Economics and General Education

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