Entity set up in Kazakhstan

Kazakhstan – Company establishment

Global Expansion Plus provides you with all necessary legal, corporate, and secretary services in Kazakhstan. Before you start the process of registration, you need to consider the following questions:

Legal forms

Please refer to our publication and articles to find more information.

Taxation regime

Please refer to our publication and articles to find more information.

Name of the company

A company needs to have a corporate name. Kazakhstan has a unified register of all companies which is freely accessible via the website of the Committee of State Revenue; we will check the uniqueness of the company name at the consultation stage.

Registration address

Company in Kazakhstan shall have a registered address at incorporation. You can either rent your office or use a virtual seat service provided by Global Expansion Plus.

Founder: legal or individual

Depending on where the founder (owner оr shareholder) is going to be a foreign legal entity or physical individual, the process of incorporation can be different. If founders are natural persons, they shall obtain a business visa. A company may be incorporated either via online registration or via personal registration. It is necessary to visit Kazakhstan for signing the documents for registration in the presence of a notary.

Types of activity

A company should carefully choose types of business activity considering their planned activity. Corporate lawyer of Global Expansion Plus can support you with a careful selection because activity type can influence the tax incentives.

Amount of issued/share capital

The capital of an entity is divided between participants (participant’s interest), there are no classic shares. Each participant takes responsibility within the amount of his contribution.
The minimum share capital for LLP is 277 800 Tenge (as of 01.04.2020). This requirement does not apply to small businesses. Share capital shall be paid within one year from the moment of registration. It is allowed to pay share capital with securities, real estate, and other property.

Directorship

A minimum of one person is required. A non-resident can be appointed as a director after obtaining a work permit (except Eurasian Economic Union nationals). The legal entity is not able to be appointed as the director.

Client journey

Initial stage

  • Consolation with our corporate lawyer targeting all points listed above;
  • Preparation of notarized and apostilled Power of Attorney (if needed);
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Registration Stage

  • Preparation of the article of association;
  • Prepare the minutes of the general meeting of members of the company;
  • Preparation of Agreement on the foundation of the company
  • Obtaining of notary approval of the documents;
  • Filling out an application for state registration of a legal entity;
  • Registration of the company with state registrar;
  • Notification on the beginning of business activity;
  • Obtain a registration certificate;

Tax Stage

  • Filling and submitting an application for a taxpayer registration;
  • Directors employment registration with tax authorities;
  • Obtaining an electronic signature for the company used to submit tax returns electronically;
  • Signing an accounting outsourcing contract to support your activities and tax compliance;
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Final stage

  • Opening a bank account;
  • Signing a legal support contract;
  • Ordering a seal.

Additional services

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