Kazakhstan
Capital: Astana.
Official languages: Kazakh.
Currency: Tenge.
Advantages of Company Registration:
- The country guarantees investor protection and contract stability.
- Membership in Astana Hub (an international IT startup technopark) exempts from corporate tax, VAT, and social tax for non-residents.
- Businesses registered in Kazakhstan can operate in Central Asia, Armenia, Russia, Kyrgyzstan, and Belarus.
Kazakhstan is located in the center of Eurasia, south of the Ural Mountains, and bordered to the southwest by the Caspian Sea.
A stable economy, a rapidly developing business sector, and government support for investments make Kazakhstan attractive for entrepreneurship.
Other advantages are fast company registration, business-friendly laws, and an efficient business culture.
Taxation and Reporting Features
LLC (Limited Liability Company) is one of Kazakhstan's most common forms of company registration. You can register it remotely by contacting IT-OFFSHORE. It means you won't have to spend time traveling to Kazakhstan. Other features include:
- No requirements for shareholders and directors.
- Charter capital size – MRP 100 (€550).
- Limited liability of owners for obligations and loans.
- Reporting and auditing requirements exist.
Registration Process
Registration period is 2-3 weeks.
To open a company, apply to the Ministry of Justice of the Republic of Kazakhstan. Attach a package of corporate documents and a package of notarized documents for the company director. Submit three company names to the regulator for consideration and wait for approval of one of them.
You must apply to the relevant authority if the company's activities involve obtaining a special license.
For remote company registration, you must provide the following information:
- Documents confirming the presence of a legal office in Kazakhstan.
- If the director is a foreigner, an Individual Identification Number (IIN) is required.
- Determine the size of the charter capital.
- Completed application, attaching all papers to JSC "State Corporation Government for Citizens."
- Register with the tax service and social insurance authorities.
How to Quickly Register a Company in Kazakhstan
To quickly register an LLC, contact the specialists at IT-OFFSHORE. Our services include:
- Document preparation (collection, completion, notarization, etc.).
- Company registration.
- Payment of all state fees.
- Registration agent services for 1 year with the option of extension.
- Translation services.
- Corporate cryptocurrency account.
- Delivery of registration documents to any address.
Additional fees apply for opening an account in a local bank and for accounting services.
Conclusion
Every business is unique, and registering a company in Kazakhstan should be based on specific needs and the enterprise's strategy. We recommend consulting with qualified consulting specialists at IT-OFFSHORE, who have experience with this jurisdiction and can quickly register your company in Kazakhstan.
We offer not only legal support during company registration but also a wide range of services, including accounting services, nominee services, and full support for the company after its registration. Thus, we provide comprehensive year-round service for your company.