Dr. Olga I. Chentsova

Olga I. Chentsova photo

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Member Since 2023

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2023

Dr. Olga I. Chentsova

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Chairman of the Board of Partners

Commercial Law

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Civil law specialist Dr. Olga Chentsova advises global energy and mining companies and helped develop Kazakhstan’s core commercial laws.
Jurisdiction – Kazakhstan
Jurisdiction: Kazakhstan
Practice Area: Investment Law

Professional Biography

Dr. Chentsova’s areas of specialization are civil law, investment, environmental, oil and gas and mining legislation, private international law, and construction.

Ms. Chentsova has been advising major global oil and mining companies and leading local companies on issues pertaining to civil, corporate, and environmental legislation, investment, subsoil use, litigation, and arbitration for more than twenty-seven years.

Ms. Chentsova was on several governmental working groups to develop important commercial legislative acts of the Republic of Kazakhstan (including the Civil Code, Foreign Investment Law, Petroleum Law, etc.). When engaged by the Scientific Private Law Research Institute under the Kazakh State Law Academy (Private Law Center), she participated in the discussion and preparation of proposals to improve civil legislation, including the Civil Code, Subsoil and Subsoil Use Law, and Petroleum Law, as well as a number of other statutes and regulations.

During recent years, Ms. Chentsova has been actively providing pro bono advice to animal protection organizations and lawmakers on issues relating to the regulation of relations between humans and animals. Moreover, she participated in numerous discussions and the preparation of the Law on Responsible Animal Treatment.

Practice Areas

Education

  • 1990 Kazakh State University, LLD, Kazakhstan
  • 1981 Kazakh State University, LLB, Kazakhstan

Memberships

  • Kazakhstan Bar Association (KazBar),
  • International Bar Association (IBA),
  • Kazakhstan Petroleum Lawyers’ Association (KPLA),
  • Atameken Arbitration Center,
  • Kazakhstan International Arbitration (KIA)
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About AEQUITAS

AEQUITAS, a Kazakh national law firm, was founded in 1993. One of the persons to found AEQUITAS was Professor Yuri G. Bassin, Doctor of Law, a forefather of civil law science in Kazakhstan.

In the early 90s, AEQUITAS was one of the first counsel to provide legal support both to foreign investors coming to Kazakhstan’s market and to the starting domestic businesses. The first joint ventures with foreign participation in Kazakhstan were organized with AEQUITAS’s legal support.

AEQUITAS is one of Kazakhstan’s leading law firms, acknowledged in the global legal services market. For many years, authoritative legal guides, including Chambers & Partners, Lexology Index, Legal 500, asialaw, Best Lawyers, and IFLR1000, have been rating AEQUITAS and its partners and associates as the country’s most recommended in the Energy & Natural Resources, Corporate & Finance, M&A, Dispute Resolution, and other areas. Many publications specifically acclaim the firm’s Labor, Environmental, and Healthcare & Pharmaceuticals practice. AEQUITAS is recognized as the “Firm of the Year” in Kazakhstan by Lexology Index (WWL Awards) in 2021–2025 and by asialaw Awards in 2024–2025.

AEQUITAS’s clients are companies active in the leading sectors of the economy from more than 50 countries, including major international corporations, companies representing world-famous brands, banks, and financial institutions, most of them working with AEQUITAS for years. According to the rating agencies and the firm’s clients and business partners, AEQUITAS is one of the most client-oriented law firms in Kazakhstan. Alongside providing legal services of invariably high quality, AEQUITAS regularly informs its clients of business-relevant changes in legislation and practice, organizes training sessions and seminars, and annually holds a Client Day.

AEQUITAS’s reputation is supported by close professional ties with the world’s largest international and national law firms, such as A&O Shearman, ALRUD, Baker Botts, Clifford Chance, Debevoise & Plimpton, Haiwen & Partners, Zhong Lun, JunHe, Yingke Global, Guantao, Better Chance, Denuo, Egorov Puginsky Afanasiev & Partners, Freshfields, Pepeliaev Group, and others. The firm’s lawyers are well informed about the legal services markets of Russia, the UK, the USA, and CIS countries. Thanks to cooperation with its international and national partners, AEQUITAS is prepared to provide services in different jurisdictions without lowering their quality and timeliness.

The firm’s long presence in the legal market, reputation, and extensive professional ties allow AEQUITAS to engage leading Kazakh and foreign experts in all areas of law to participate in its projects and the preparation of legal opinions. AEQUITAS’s consultants are renowned scholars, specialists from different sectors of the economy, and representatives of international organizations.

AEQUITAS and its lawyers are members of different professional organizations and unions, including the International Bar Association (IBA), Kazakhstan Bar Association (KazBar), Association of International Petroleum Negotiators (AIPN), European Business Association of Kazakhstan (EUROBAK), Kazakhstan Petroleum Lawyers’ Association (KPLA), Ius Laboris Alliance, and SIPAC global network.

AEQUITAS partners are among the founders of the Kazakhstan Bar Association (National Public Association), set up on the initiative of the leading Kazakh law firms, including AEQUITAS. Olga Chentsova, the firm’s Managing Partner, is one of the founders of the Kazakhstan Bar Association and a member of its Management Board. AEQUITAS partners and associates are on the lists of arbitrators for the following courts of arbitration and domestic arbitration tribunals. AEQUITAS lawyers act as local law experts in disputes reviewed by the leading international courts of arbitration.

AEQUITAS is widely known for its research and analytical work. The firm is annually engaged to prepare reviews on different local law areas for the IBA and the World Bank. Analytical articles and reviews on different aspects of Kazakh law and legislation by AEQUITAS lawyers are published in specialized magazines and analytical-and-legal compendia in Kazakhstan and abroad.

The firm’s potential allows it to provide services that embrace practically all issues its clients may have arising, be it legal support in complex projects, advice on various civil law matters, the establishment of new companies, or representation in courts at any level.

The firm has offices in Almaty and Astana (Kazakhstan).

AEQUITAS experts have been actively participating in the development and improvement of the most important acts of Kazakhstan’s civil and economic legislation, including the Civil Code and such laws of key importance to the country’s economy as the Foreign Investment Law, Petroleum Law, Subsoil Law, Law on International Commercial Arbitration, and a number of other regulatory legal acts.

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