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The senate ratified an agreement on intra-corporate transfers of citizens between Kazakhstan and South Korea

Today at the plenary meeting of the Senate of the Parliament of the Republic of Kazakhstan the deputies of the chamber adopted the Law "About the ratification of the Agreement between the Government of the Republic of Kazakhstan and Government of South Korea on the temporary labor activity of citizens of the Republic of Kazakhstan in South Korea and citizens of South Korea in the Republic of Kazakhstan in the framework of intra-corporate transfers".

This agreement is aimed at simplification of involvement procedure of qualified specialists on the principle of mutual intra-corporate transfers.

The law regulates temporary labor activity in the framework of intra-corporate transfers of citizens of both countries on basis of work permits.

At intra-corporate transfer in accordance with the mentioned agreement the citizens of one state are temporarily transferred from a legal entity to representative offices, branches, subsidiary and affiliated organizations of this legal entity established in the territory of another state in accordance with a written agreement on intra-corporate transfer. At the same time the agreement is distributed to senior managers, managers, specialists, which allows to determine their qualifying characterizations.

A requirement to the persons indicated in an agreement to have job seniority in this organization not less than two years for the moment of temporary transfer is set by the law. The corresponding permits are issued for 3 years.
The citizens have a possibility to extend their work permits without an exit from the host country only one time for a term not more than one year.

The visas for the above-mentioned citizens and members of the families of them are issued for the term of validity of work permit.

The rights and the freedoms of foreign citizens, as well as their health maintenance are exercised in accordance with national legislation of the host country.

In case of violation by them of legislation of the hosting party the employment contract ceases with a return of citizens to the sending party.

The ratification of agreement will allow to attract qualified specialists of transnational companies into spheres of industrialization and development of innovative technologies, create favorable conditions for attraction of investments, new technologies and knowledge and strengthen international legal base for activation of socio-economic cooperation of the Republic of Kazakhstan and South Korea.

We will remind you the Agreement was made between the Government of the Republic of Kazakhstan and Government of South Korea on September 26, 2014.

Changed on 17 March, 2016 - 11:13
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