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The article uses the means of civil science to identify the problems of applying the normative legal acts of the Republic of Kalmykia regulating the relations of investment activity in the context of the digital economy development. Within the framework of this study, the author systematizes three groups of regulatory legal acts dealing with the relations of investment activity in the Republic of Kalmykia, each containing certain problems. The key problem of the first group, consisting of civil legislation and other acts containing civil law norms, is the lack of a unified approach to regulating investment activities. The second group, which is a set of separate Laws and other regulatory legal acts of the Republic of Kalmykia, dealing with the issues under the joint jurisdiction of the Russian Federation and the Republic of Kalmykia, contains a problem expressed in the lack of proper legal regulation of investment activity in the republic. The problem of the third group, consisting of municipal acts providing legal regulation of relations arising from the management and disposal of municipal property objects that can act as objects of investment activity, is the lack of a legislative basis for the implementation of the public function.

Legal regulation of investment activity in the republic of Kalmykia in the context of the digital economy development: the civil aspect