ADVANTAGES OF COMPANY FORMATION IN KAZAKHSTAN

Company formation in Kazakhstan is gaining weightage as it is emerging as one of the strongest economies of the CIS. Its metal reserves, oil and minerals make it one of the largest economies in Central Asia. Such economic activities have left foreign investors spoilt for choice who are flocking to this Central Asian country looking for opportunities. Like most of its Soviet Republic counterparts, it still on the development phase when it comes to maintaining an effective and transparent business culture.

  • It is one of the fastest growing economies in the world

  • It offers an affordable cost of living and doing business

  • It has easy access to the huge Russian and Chinese markets

  • It has excellent trade relations with France, Italy and Netherlands

  • It has a promising energy sector contributed to its growing economy

  • It is witnessing an increase in Foreign Direct Investment

  • It is known for its diverse natural resources.

  • It is counted as one of the leading exporters of uranium and hydrocarbon

REQUIREMENT TO OPEN A COMPANY

BASIC REQUIREMENTS

  • Minimum 1 Shareholder (any nationality)
  • Minimum capital requirement for a small entity is USD 1 and for large companies is KZT 226900
  • Minimum 1 Director (any nationality but work permit is mandatory)
  • Registered office address

DOCUMENTS REQUIRED

  • Memorandum and Articles of Association
  • A notification of commencement of entrepreneurial activity
  • Copies of ID of Shareholders/Members and Directors
  • Power of Attorney (if applicable)
  • Company Seal

OUR SERVICES

  • Checking for name availability and reserving the same
  • State registration of the entity
  • Preparing and notarizing the documents
  • Opening of a Bank Account
  • VAT Registration
  • Services for registered address

TIME PERIOD

It takes approximately 1 month for company registration in Kazakhstan.
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