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Business registration in Kazakhstan
(information valid as of April 21 2024)
Aigerim Masatbayeva,
Legal advisor
law firm Qazlegal Consult
Due to the geopolitical situation in the region and the imposition of sanctions by Western countries in the last few years, many foreign companies have been relocating their business to Kazakhstan. Kazakhstan and Russia are part of a customs union and Kazakhstan has an infrastructure for doing business; many government services operate online. For IT business, tax and migration preferences have been created for participants in the international techno park Astana Hub and the Astana International Financial Center (AIFC) is a financial hub for the countries of Central Asia, the Caucasus republics, the countries of the Middle East and Europe.
Company registration in Kazakhstan
To register a company, you first need to decide on the organizational legal form of the company. It all depends on the needs of your business. This can be a LLP, JSC, branch or representative office. The organizational and legal form of a company largely depends on the needs of the business. As a rule, the optimal form of starting a business is LLP.
LLP is recognized as a partnership established by one or more persons, the charter capital of which is divided into shares of sizes determined by the constituent documents; The participants of the LLP are not liable for its obligations and bear the risk of losses associated with the activities of the LLP, within the limits of the value of the contributions made by them.
A branch is a separate division of a legal entity located outside its location and performing all or part of its functions, including the functions of a representative office. That is, a branch can engage in production or other commercial activities, but all transactions will be concluded by the branch on behalf of the head office.
A representative office is a separate division of a legal entity, located outside its location and protecting and representing the interests of the legal entity, performing transactions and other legal actions on its behalf, except for cases provided for by the legislative acts of the Republic of Kazakhstan. The representative office has no right to engage in production or other commercial activities.
Step-by-step LLP registration process
