Registering a company in Kazakhstan :important questions to answer
Do you have a business idea, know what you want to do, and already have a vision for your business, but don't know where to start? First, it's worth understanding the company registration process in Kazakhstan to prepare all the necessary documents.
Watch the video to learn how to register a business in Kazakhstan as a non-resident:
The first step is registering a limited liability partnership (LLP). It's important to do this correctly to avoid mistakes and unpleasant consequences from government agencies.
Below are key questions that, once answered, will help you register a limited liability company in the Republic of Kazakhstan quickly and affordably.
1. Determine your business category
In Kazakhstan, all limited liability companies (LLCs) are classified as small, medium, and large businesses. This is a key detail if you're planning to register a company in Kazakhstan and want to approach the matter correctly.
- A small business is a limited liability company with an average annual number of employees of no more than 100 people and an income of no more than 300,000 MCI.
- Medium-sized business — number of employees from 100 to 250 people, income from 300,000 to 3,000,000 MCI.
- Large business – more than 250 employees and income over 3,000,000 MCI.
2. Determine the company name
The name must be unique and non-repetitive.
Before registering an LLC, it is recommended to check for matches to avoid rejection.
3. Authorized capital
The authorized capital is the amount contributed by shareholders to start the company's operations. Company registration in Kazakhstan requires this step.
It can be set at a minimum of 0 tenge and contributed within one year of registration.
The authorized capital can be increased by a shareholder's decision or decreased during re-registration of the LLC.
4. Sole participant
Decide whether the LLC founder will be an individual or a legal entity. This is an important part of the process, especially when registering a company in Kazakhstan.
5. Head of the company
Appoint a director or a general director to manage the LLC.
Legally, there's no difference between the two titles; the choice depends on your preference.
6. Legal address
You need to determine the location of your company.
When registering, you must provide the RCA (registration address code).
The legal address can be:
- your own, if the premises are registered in your name;
- under a lease or sublease agreement.
When submitting documents to government agencies, it is sufficient to indicate the RCA code.
7. Type of activity (OKED)
Decide what activities the company will engage in. Company registration requires that all types of activities be listed, as the law allows for any activity not prohibited by the legislation of the Republic of Kazakhstan. If you're unsure which code to choose, don't worry. You can indicate your primary activity now and add additional codes later through re-registration.
However, it's important to keep in mind that some activities require a license.
8. Tax system (with or without VAT)
At the registration stage, decide whether the LLC will be a VAT payer. Company registration in Kazakhstan includes this important financial detail.
It depends on the expected turnover and the specifics of the business.
9. Contact phone number
A telephone number is required for registration and communication between government agencies and the company.
10. Expected number of employees
Indicate the approximate number of employees you plan to hire initially. Successful company registration in Kazakhstan will ensure proper business structure planning.
All this information will help you register a limited liability company correctly, quickly, and without errors.
You can handle the process yourself or entrust it to us.
We'll help you register your limited liability company (LLP) on a turnkey basis, prepare all the necessary documents, and provide full legal support at every stage.
