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Abstract:

In the era of globalization and economic uncertainty, understanding the unique characteristics of the business environment in different countries becomes particularly relevant. This is especially important for countries with transitional economies, such as the Republic of Kazakhstan. This study represents a comprehensive analysis of the interaction between formal and informal rules in the context of business development in Kazakhstan. The aim of the work is to identify how legislative norms and informal practices, including cultural traditions, network connections, and corruption aspects, affect business processes, strategies, and decision-making by both local and foreign entrepreneurs.

The study relies on a comprehensive analysis: it examines the current legislation of the Republic of Kazakhstan, studies economic reports, and analyzes case studies of specific companies. Special attention is given to how formal rules, such as tax legislation and business regulations, interact with informal aspects, including cultural norms, informal networks, and practices of clientelism.

The results of the study show that successful business operations in Kazakhstan require not only compliance with legislative requirements but also an understanding of the informal aspects of the country's business culture. This includes adapting to local realities, the ability to build and maintain network connections, and considering the influence of traditional values on business processes.