Aspects of legal regulation of transactions in electronic form carried out by business entities

  • lecturer, M.Auezov South Kazakhstan University, Shymkent, Kazakhstan

DOI

https://doi.org/10.47689/2181-1415-vol2-iss5-pp105-108

Keywords

law , electronic document , electronic transaction , will , expression of will , electronic agreement , electronic contract , entrepreneurial activity , legal relations , electronic commerce

Abstract

This article discusses the provisions of the legislation of the Republic of Kazakhstan, the Republic of Uzbekistan and foreign states regulating relations between business participants in the implementation of transactions in electronic form. Currently, e-commerce is developing all over the world, using "electronic transactions" defined in business activities by "electronic contracts". When considering the legal regulation of "electronic contracts", it should be noted that the legislation regulating the sphere of electronic document management in business activities needs to be finalized taking into account the requirements of the time and the emerging practice of using "electronic contracts". It should be noted that e-commerce has the opportunity to become a leading type of entrepreneurial activity in the future. It should be emphasized that there is no Law "On Electronic Commerce" in the Republic of Kazakhstan. In our opinion, such a law is necessary in the Republic of Kazakhstan, since the widespread digitalization of civil turnover is currently underway. The adoption of the Law "On Electronic Commerce" in the Republic of Kazakhstan will provide an opportunity for a more complete regulation of the legal relations of business entities on the conclusion of contracts in electronic form.

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Aspects of legal regulation of transactions in electronic form carried out by business entities

How to Cite

Allayarova, N. (2021). Aspects of legal regulation of transactions in electronic form carried out by business entities. Society and Innovation, 2(5), 105–108. https://doi.org/10.47689/2181-1415-vol2-iss5-pp105-108