Sayat Zholshy & Partners has been awarded a partnership in an IFC Project

At the end of 2012, Sayat Zholshy & Partners was selected as a partner of International Finance Corporation (IFC) in Doing Business 2013, an annual review performed by the World Bank. IFC delivered letters of gratitude and privilege to five SZP employees who contributed to the project most of all, including Vitaliy Vodolazkin (Managing Partner), Aidyn Bikebayev (Senior Partner), Arman Berdalin (Partner), Amir Begdesenov (Senior Associate) and Indira Yeleussizova (Associate).

This project implies an annual review performed by the IFC experts, with the assistance of the World Bank, to benchmark the economic and business regulations of 185 countries, including Kazakhstan. The results of this review have been published in the special analytical report Doing Business 2013: Smarter Regulations for Small and Medium Size Enterprises.

The 2013 edition presents a broad spectrum of data on legal and economic regulation of 11 key aspects of doing business, such as: establishment of a business, construction licensing, ownership certification, raising credits, investor protection, tax payments, recruitment, etc. All the key indicators are used for analysis of the economic performance of a certain business and determine which business process regulation reforms are the most efficient, in which sector and why.