The Tamchy Special Financial Investment Territory (SFIT), a new international jurisdiction established to attract foreign investment and facilitate cross-border business, has officially launched on the shores of Lake Issyk-Kul in Kyrgyzstan. The jurisdiction has already welcomed its first resident companies from the UAE, Hong Kong, South Korea, Switzerland and Kazakhstan, while the inauguration of its business centre marked the start of operations.
For Indian companies that seek to expand their presence in Central Asia, one of the key make-or-break factors is the predictability of the legal environment. Tamchy says it operates on the principles of English common law, a legal system well-known to Indian businesses. This allows companies to operate in a familiar legal environment, using transparent mechanisms for investment protection and commercial dispute resolution.
