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Obtaining IIN and BIN in Kazakhstan

An individual identification number (IIN) is a 12-digit number that is issued to each individual upon his first registration in the information and production system to create documents.

The IIN is generated automatically, taking into account the concepts of uniqueness and immutability. It is not subject to any changes or regeneration from the moment of its first formation, in order to protect the integrity of the contents of information banks of various levels that use the IIN in the data structure.
IIN is indicated on the front side of the identity card of a citizen of the Republic of Kazakhstan.

Individuals are identified by government agencies using IIN.

As a result, in order to access public services, individuals must have an IIN, for example for:

receiving identification documents;
marriage registration;
state registration of real estate and cars;
making payments and transfers;
paying taxes;
business registration.

A non-resident must obtain an IIN in order to create a legal entity in Kazakhstan.

The assignment of IIN to foreigners is carried out by the migration police of Kazakhstan from January 1, 2021 through the Non-Commercial Joint Stock Company State Corporation “Government for Citizens”.

The service is now provided electronically, with the corresponding certificate issued as an electronic document in PDF format based on the results of the service.

Documents required for registration of a foreigner’s IIN

1. A copy of the foreigner’s passport, which must be scanned.

If the foreigner’s passport does not contain identification data (last name, first name, patronymic and place of birth) written in Cyrillic, a copy of the certified translation of the passport into Cyrillic must be attached.

We also wanted to dwell a little more on how the IIN is still deciphered:

The first six digits indicate the date, month, day of your birth;
The seventh digit is your gender and age of birth:
- Male, born in the 19th century;
- Female, 19th century;
- Male, born in the 20th century;
- Female, 20th century birth;
- Male, 21st century birth;
- Female, born in the 21st century.
8-11 digits is the registration number in the organ system;
12 check digit/digit.

We would also like to consider in detail the business identification number of a legal entity in Kazakhstan.

In accordance with paragraph 1-1 of Article 1 of the Law of the Republic of Kazakhstan dated January 12, 2007 N 223 “On National Registers of Identification Numbers”.

A business identification number (BIN) is a unique number assigned to a legal organization (branch and representative office), as well as an individual entrepreneur in a joint venture.

There is a special information system “National Register of Business Identification Numbers” designed to record and store information about established and terminated legal entities (branches and representative offices), individual entrepreneurs operating in the form of a joint venture, the formation and storage of information about assigned business identification numbers. rooms.

Business identification number (hereinafter – BIN) – contains 12 digits and consists of five parts:

Without a business identification number of a company, it is impossible to carry out business activities. It is required when applying to any government agency.

There is a special information system “National Register of Business Identification Numbers” designed to record and store information about established and terminated legal entities (branches and representative offices), individual entrepreneurs operating in the form of a joint venture, as well as generating and storing information about assigned business identification numbers.

The 12-digit Business Identification Number (BIN) consists of five parts:

1) the first part – consists of 4 digits and includes the year (last two digits) and month of state (record) registration or re-registration of a legal entity, branches and representative offices or an individual entrepreneur operating in the form of a joint venture (hereinafter – IP (S )), or year (last two digits) and month of registration or re-registration of AIFC bodies, their organizations and AIFC participants as legal entities, branches and representative offices;
2) the second part – consists of 1 digit and means the type of legal entity or IP (S).

Specific values for the type of legal entity or IP(S):

4 – for resident legal entities;
5 – for non-resident legal entities;
6 – for IP(S).

3) the third part – consists of 1 digit and is an additional feature and is defined as follows:

0 – head unit of a legal entity or individual entrepreneur(s);
1 – branch of a legal entity or individual entrepreneur(s);
2 – representative offices of a legal entity or individual entrepreneur(s);
3 – a peasant (farm) enterprise operating on the basis of joint entrepreneurship.

4) the fourth part – consists of 5 digits and includes the serial number of registration in the system of a legal entity (branches and representative offices) or IP (S).

The AIFC bodies, their organizations and AIFC participants are assigned a serial number starting from the first digit, starting from the number 90001 to 99999 inclusive.

5) the fifth part – consists of 1 digit, which is determined automatically and is a check digit.

We hope you found this information interesting. If you need legal advice on migration issues, issues of entry into and exit from the territory of the Republic of Kazakhstan, then you can contact the KORGAN Law Company at any time in person or by calling the phone number: +7 700 244 61 66.

Restriction on the export of foreign currency and gold in Kazakhstan

On March 14, 2022, President Kassym-Jomart Tokayev signed a decree “On measures to ensure the financial stability of the Republic of Kazakhstan”.
Which explains that in order to protect the national interests of the Republic of Kazakhstan and ensure financial stability in the territory of the Republic of Kazakhstan, a ban on the export of:

foreign currency in cash and (or) monetary instruments in foreign currency in an amount exceeding the equivalent of 10,000 (ten thousand) US dollars and calculated at the rate of the National Bank of the Republic of Kazakhstan, established on the date of export;
gold bars of refined gold 5, 10, 20, 50 and 100 grams and investment coins made of gold “ALTYN BARYS” and silver “KÚMIS BARYS” issued by the National Bank of the Republic of Kazakhstan, as well as refined gold over 100 grams.

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The President resolved the Government of the Republic of Kazakhstan, together with the National Bank of the Republic of Kazakhstan and other interested state bodies, to take the necessary measures to implement this Decree.

It should be noted that this Decree comes into force from the day of its official publication, i.e. March 14, 2022.

Requisites for payment of state duty in foreign currency

Representation of interests in court

Pre-trial dispute resolution

Claim dispute resolution procedure;
Dispute resolution with the involvement of a mediator;
Dispute resolution by permanent arbitration

Tax disputes

Challenge notifications based on the results of a tax audit;
Challenging notifications about the elimination of violations identified by the tax authorities based on the results of an in-house audit;
Challenge of notices on elimination of violations of the tax legislation of the Republic of Kazakhstan;
Disputes related to pseudo-entrepreneurship and invalidation of the registration of a legal entity;
Disputes related to the claims of the tax authorities on the recognition of transactions as invalid;
Challenging the issue of accruing a fine and the possibility of exemption from its payment or reduction of its size;
Challenging the conclusions of the tax authorities;
Challenging the actions of the tax authorities in terms of imposing restrictions on the disposal of property.

Disputes arising from a construction contract and public procurement

Collection of debt for work performed from the customer;
Collecting the prepayment amount from the contractor in case of improper fulfillment of obligations under the work contract;
Termination of a construction contract in court;
Claims for compelling an unscrupulous contractor to eliminate deficiencies in the work performed;
Protection of the interests of contractors in claims for recognition as an unfair participant in public procurement;
Challenging the results of public procurement;
Challenge illegal orders of regulatory authorities.

Corporate disputes

Related to the creation, reorganization and liquidation of a legal entity;
At the request of founders, shareholders, participants, members of a legal entity (hereinafter referred to as participants in a legal entity) for compensation for losses caused to a legal entity, invalidation of transactions made by a legal entity, and (or) application of the consequences of the invalidity of such transactions;
Associated with the appointment or election, termination, suspension of powers and liability of persons who are or were members of the management bodies of a legal entity, as well as disputes arising from civil legal relations between such persons and a legal entity in connection with the implementation, termination, suspension of their authority;
On convening a general meeting of participants of a legal entity;
On challenging decisions, actions (inaction) of the governing bodies of a legal entity.

Business disputes

Collection of debt arising from various types of contracts: the principal amount of the debt, the penalty, legal costs, the costs of paying for the services of a representative;
Recovery of damages;
Protecting the interests of employers when an employee files a claim for the recovery of wages.

Legal outsourcing for start-up projects

Providing legal advice to small and medium-sized businesses during their creation;
Advice on choosing the best tax regime for business;
Assistance in concluding the necessary business contracts;
Comprehensive support for business activities – legal, accounting, personnel support.

Registration, re-registration of companies

The most common organizational and legal form for creating a commercial legal entity in the territory of Kazakhstan is a Limited Liability Partnership.

Article 2 of the Law of the Republic of Kazakhstan “On Limited Liability and Additional Liability Partnerships” establishes that a limited liability partnership is a partnership established by one or more persons, the authorized capital of which is divided into shares of sizes determined by the founding documents; participants in a limited liability partnership are not liable for its obligations and bear the risk of losses associated with the activities of the partnership, to the extent of the value of their contributions.

It follows from this that the founders of the partnership are liable only in proportion to their contributions, this fact saves the founders of the partnership from high risks, limiting them (risks).

The founder of an LLP can be both an individual and a legal entity, while they can also be non-residents of the Republic of Kazakhstan. With the development of foreign economic relations, the creation of an LLP with foreign participation is becoming an increasingly popular service.

Registration of an LLP in accordance with the Standard (State registration of legal entities, record registration of their branches and representative offices) is carried out in two ways: on purpose, through the PSC branches, or through the EGOV portal (if all founders have an EDS).

The creation and registration of an LLP consists of 3 steps:

Drafting constituent documents;
LLP registration;
Concluding a lease agreement, opening an account, insurance, VAT registration.

First step: When drafting constituent documents, it is determined:

LLP name (checked within a few minutes on the EGOV portal to exclude matches);
Address of location of the future LLP (own or rented property);
Type of economic activity (for the agency of statistics, also OKED determines whether a license is required for the further operation of the LLP);
The size of the authorized capital and the share of the founders are determined (there can be one or more founders);
The head of the LLP (Director, General Director, etc.) is selected; he can be either the founder or another selected individual.

The founding documents are:

Decision (with the Sole participant of the LLP) or Minutes of the general meeting of the participants of the LLP (from two founders and above);
Memorandum of Association;
The charter of the partnership (it can be standard or drawn up according to one’s own wishes, taking into account the form established by law);
Order on assuming the position of director of the LLP.

Second step: direct registration of the LLP:

By submitting constituent documents and the necessary information through the nearest PSC department (within one business day following the day the application was submitted);
Electronic registration of an LLP through the EGOV portal if all participants of the future legal entity have an EDS (within 15 minutes).

Third step

Here, the final steps are already being taken, the first of which is the conclusion of a lease agreement or obtaining a notarized consent of the owner (individual) to use the premises (buildings, houses, etc.).

After the conclusion of the lease agreement or obtaining consent, a bank account is opened, the LLP is registered for VAT and other actions are carried out in accordance with the wishes of the founder (lei).

With foreign participation, in the created LLP, a few more processes are added to the above processes:

Obtaining an IIN for a non-resident individual (a notarized translation of the passport into Kazakh is required);
Obtaining a BIN if the founder is a non-resident legal entity (a notarized translation into Kazakh and Russian of a legalized extract from the trade register is required.

When contacting the LAW COMPANY KORGAN, the process of registering an LLP is greatly simplified, we guarantee a quick and high-quality opening of an LLP without any problems, saving you time, money and nerves.

Registration of companies with foreign participation

Assistance in registering a non-resident individual with state revenue authorities;
Assistance in registering a non-resident legal entity with state revenue authorities;
Registering a legal entity with an authorized registrar;
Advice on apostille of constituent documents;
Translation and notarization of constituent documents;
Advice on taxation and choice of tax regime;
Preparation of documents for opening a bank account and assistance in choosing a bank.

Contract work. Preparation and approval of draft contracts

The conclusion of an agreement is the basis of strategic cooperation between the parties. A well-drafted contract allows you to avoid the negative consequences of its non-execution in the future.

Drawing up contracts

Lease agreement for office space, industrial warehouses and sites;
Purchase and sale agreements;
Construction contracts;
Service Agreement;
Pledge agreement;
Equipment leasing agreement;
Concession agreement;
Employment contract;
Other contracts.

Drafting local acts of the company

Draft orders (acts of the employer) on labor issues, safety, labor protection;
Draft orders on labor activity on the hiring of employees, vacations, termination of employment contracts, business trips, etc.;
Drafting labor and collective agreements;
Project development;
Working regulations;
Regulations on the wage system;
Regulations on travel of employees;
Instructions for ensuring fire safety;
Regulations on safety and labor protection;
Regulations on personnel policy;
Regulations on the department;
Regulations on the procedure, conditions and frequency of performance appraisal of employees;
The procedure for storing personal data of employees;
Regulations on trade secrets and proprietary information with a list of information, obligations of employees;
Rules for electronic document management (Instructions for working with e-mail in a company);
Company Internet Security Policy

Registration of licenses and permits

In Kazakhstan, it is allowed to engage in any type of entrepreneurial activity, except for the one for which a special permit is required – a license.

Licensing activities in the field of architecture, urban planning and construction;
Licensing activities in the field of production and circulation of ethyl alcohol and alcoholic products, production of tobacco products;
Licensing activities in the field of export and import of goods;
Licensing activities in the field of transport;
Licensing activities in the field of education;
Licensing activities in the field of mass media;
Licensing activities in the health sector;
Licensing activities in the field of servicing individuals and legal entities;
Licensing activities in the financial sector and activities related to the concentration of financial resources.

Licenses issued by the law firm KORGAN

2019

License for the storage and wholesale of alcoholic products, with the exception of the storage and wholesale of alcoholic products in the territory of its production for the Kazakh company Rudovine LLP with the participation of the founders of the company from the Russian Federation;
License for construction and installation works of category III for the Kazakhstani company Karenergomontazh LLP.

2020

License for construction and installation works of the III category for the Kazakh company LLP “Megalit”;
License for construction and installation works of category III for the Kazakhstani company LLP “Stigma Co”;
License for project activities of the III category for the Kazakhstani company LLP “KIP KZ”;
License for construction and installation works of the III category for the Kazakhstani company KIP KZ LLP.

Registration of trademarks. Copyright protection

The total cost of the product registration procedure is approximately 200,000 tenge

The cost of registering trademarks consists of:

The cost of our services is 150,000 tenge (up to 3 classes of the ICTU)

Two contributions to the authorized body

1st installment (up to 3 classes of the ICGS) mark examination services:

for legal entities 91,000 tenge (upon provision of a certificate of belonging to small and medium-sized businesses – 68,250 tenge);
for small and medium-sized businesses 68,250 tenge;
for individuals 63,700 tenge.

2nd installment after examination. 36,545 tenge – for issuing a security document.

Additionally for each class over 3 classes of the ICTU:

25,500 tenge – for legal entities;
19,125 tenge – for small and medium-sized businesses (including individual entrepreneurs);
17,850 tenge – for individuals.

The deadlines are set for everyone by the authorized body NIIS Kazpatent, and neither we nor any other company can speed them up.

Why do you need to register a trademark?

A trademark allows you to distinguish the goods or services of one manufacturer/service provider from the goods and services of another. If you have your own brand and want to protect it from the encroachments of competitors, you must register your trademark.

Why do you need to contact the KORGAN law firm?

With us, registering a trademark (brand) is much easier, cheaper and faster, since having extensive experience in the field of trademark registration, we know perfectly well what clients want and what is necessary for this.

We strive to minimize client participation in the process of registering a trademark, since we understand that our clients have very little time and do not want to be distracted by legal red tape. All applications, requests, and other documentation are prepared and sent to the relevant authorized bodies by our specialists.

All you need is a power of attorney to represent your interests in the authorized body, an image of the trademark and payment for the services of the authorized body.

If you need professional assistance in registering a trademark and at reasonable prices, the KORGAN law firm is ready to provide you with services for registering a trademark at a professional level.

Protection of interests at the stage of enforcement proceedings

Appeal against actions / inactions of a bailiff to higher authorities and in court in case of non-execution of a court decision;
Permanent monitoring of the course of enforcement proceedings from the moment the writ of execution is issued to its full execution;
Appeal against illegal actions of a bailiff in the sale of the arrested property of the debtor at public auction;
Interaction with private bailiffs to collect debts;
Settlement of a dispute with a recoverer – conclusion of a settlement agreement at the stage of enforcement proceedings;
Preparing a petition to the court to obtain a deferment, installment plan for the execution of a court decision.

Maintenance of construction activities

Having extensive experience in cooperation with construction companies, we offer cooperation with our partners:

In the field of design work, cooperation with an organization that has a license of the first category for design and survey work;
In the field of construction and installation works with organizations holding licenses of the first, second and third categories for various types of work activities.

The law firm “KORGAN” cooperates with educational organizations that provide training for employees in the following areas:

Training courses for responsible employees for the implementation of design and construction and installation work in earthquake-prone areas;
Industrial safety at hazardous production facilities;
Transportation of dangerous goods;
Occupational health and safety courses

Legal support of business

As part of the monthly legal service of the organization, we provide the following types of services:

composing letters, complaints to government agencies, organizations of various forms of ownership;
drawing up claims, responses to claims;
representation in civil courts, as well as drafting statements of claim, responses to statements of claim, petitions;
drafting contracts, negotiating contracts;
advising on business activities of the enterprise;
consulting on labor law issues;
legal audit of documents at the enterprise;
preparation of constituent documents for re-registration of a legal entity.

Price list for legal services for business support

Type of service	Package 1	Package 2	Package 2	In case of exceeding the established volume per month, the following rates apply:
Type of service	100,000 tenge/month	250,000 tenge/month	350,000 tenge/month
Contractual work (drafting projects, legal examination of contracts) * if the contract is in English, then each contract is paid an additional 25,000 tenge	No more than 2 (two) contracts per month	No more than 5 (five) contracts per month	No more than 10 (ten) contracts per month	30,000 tenge for 1 contract
Oral consultations on labor issues	No more than 3 (three) per month	No more than 5 (five) per month	No more than 5 (five) per month	5,000 tenge for 1 consultation
Drafting letters, complaints to government bodies, in organizations of various forms of ownership	No more than 2 (two) per month	No more than 5 (five) per month	No more than 5 (five) per month	30,000 tenge for 1 document
Study of the Customer’s counterparties: solvency good faith registration data compliance	No more than 3 (three) per month	No more than 10 (ten) per month	No more than 10 (ten) per month	5,000 tenge for each verified counterparty
Drafting Claims and responses to Claims	No more than 1 (one) per month	No more than 4 (four) per month	No more than 4 (four) per month	30,000 tenge for 1 document
Representation of interests in court	from 200,000 tenge for each presentation (case) in court

Please note that you are not hiring one lawyer, but a qualified Law Firm with extensive experience and legal practice of all company employees.

Our company will carry out the work professionally and in the shortest possible time, which will allow you to save time and in the future your business will operate safely.

Liquidation and bankruptcy

Preparation of documents for the voluntary liquidation of the entity;
Legal support of the client’s interests in the insolvency resolution procedure;
Legal support of the client’s interests in the accelerated rehabilitation procedure;
Legal support of the client’s interests in the rehabilitation procedure;
Legal support of the client’s interests in bankruptcy proceedings.

Real estate registration

Registration of the sale and purchase of residential and non-residential real estate;
Registering ownership of an unfinished construction site;
Registration of ownership of residential and non-residential premises;
Registration of land, registration of a land plot;
Registration of ownership (lease) of a land plot;
Designing the division and consolidation of land plots;
Support of transactions related to land plots;
Translation of land categories;
Obtaining a state act for a land plot;
Land acquisition and support of this process;
Preparation of all necessary documents necessary for the conclusion of the transaction.

Business registration in Kazakhstan

Preparation of constituent documents: memorandum of association, articles of association, order, decision of the founder;
Registration with the justice authorities, state revenue authorities, statistics authorities, in agreement with the client, support for the initial submission of the necessary reports;
Making a seal after agreeing the design with the client, preparing the necessary documents for opening an account with the Bank;
Re-registration of a legal entity in the event of: changing the name, increasing or decreasing the authorized capital, changing the founders, as well as making other changes that do not require state re-registration: changes in the charter, increasing the size of the authorized capital, changing the address of the location, changing the type of activity and change of director;
Registration of a non-resident legal entity with the tax authorities, obtaining a BIN (business identification number) with the tax authorities.

Registration of foreign companies in the territory of Kazakhstan was carried out:

RUDO VINE LLP is a company that imports alcoholic products to the territory of Kazakhstan (Russian Federation);
ETS-Astana LLP is a company engaged in activities in the field of renewable energy sources.

Business visa

Legal support for obtaining and extending a visa:

investor – “С1” and “С2”;
business – “D1”, “D2”, “D3”, “D4”, “D5”, “D6”, “D7” and “D8”.

Work Permit:

Obtaining a work permit;
Extension of work permit.

Other activities:

Apostille of documents;
Consular legalization;
Legalization in the embassies of other countries in the Republic of Kazakhstan;
IIN registration;
Assistance with registration and de-registration of foreign citizens at the place of residence.

Accounting service. Tax advice

Accounting outsourcing – comprehensive monthly accounting support for the company’s activities

LLP without VAT, simplified declaration;
IP without VAT, simplified declaration;
LLP without VAT, general regime;
IP without VAT, general mode;
LLP with VAT, simplified declaration;
IP with VAT, simplified declaration;
LLP with VAT, general regime;
IP with VAT, general mode.

An additional service to accounting outsourcing: HR administration.

Compilation and submission of electronic forms of tax reporting

Drawing up a tax return and sending it electronically with a printout of a notification without maintaining accounting and tax records;
Preparation and submission of tax reporting on imports from the countries of the Customs Union;
Annual reports.

Development of company guidelines

Development of tax accounting policy;
Development of an enterprise accounting policy.

Restoring documentation

Restoration of accounting;
Restoration of tax accounting, preparation and submission of tax returns.

Human Resource Management

Development of local acts of the company;
Development of company orders;
Planning staffing;
Drafting employment contracts;
Analysis of employment contracts;
Drafting job descriptions;
Contracts on liability;
Drawing non-compete regulations and agreements.

How to use part of your pension savings and for what?

President Kassym-Jomart Tokayev signed a bill in January 2021 allowing Kazakhstanis to spend part of their pension funds.

What does this mean?

That now residents of the Republic of Kazakhstan with an amount exceeding the “sufficiency threshold” can use part of the lump-sum pension payments to improve their living conditions and (or) pay for treatment.

The procedure for using lump-sum pension payments to improve housing conditions is prescribed in the “Rules for the use of lump-sum pension payments to improve housing conditions in accordance with the legislation of the Republic of Kazakhstan” dated January 21, 2021 and in the “Rules for the use of lump-sum pension payments for treatment” dated February 15, 2021

If you want to withdraw part of your savings, which banks should you apply to?

Halyk Bank, Otbasy Bank, Altyn Bank, Bank CenterCredit are Kazakh banks that participate in a program that allows citizens to withdraw their pension savings ahead of schedule.

Through the site enpf.kz, you need to register, or enter your personal account and independently check the information on the available amount of the lump-sum pension payment.

To withdraw pension funds, an electronic digital signature (EDS) and an extract from an individual pension account are required.

What do I need to do to open a special account?

To open a special account, you must contact one of your operators (bank).

For example, to work with Otbasy Bank, you need to go to the enpf-otbasy.kz website or download the ZhSSB24 mobile application. There you can create your account to which your pension savings will be transferred.

You will need to log in with your username and password. Further, your personal account can be used to apply for opening a special account. You must click on the button “Open an account for the EPO”, after signing and verifying, within some time your account will be ready for use.

In applications for receiving payments, the number of the special account to which the pension money will be transferred is indicated. You must also state why you are withdrawing your pension funds and how much money you have on hand. It also includes personal income tax (PIT) withholding methods.

Within 2 working days, the authorized operator will send an electronic notification to the UAPF containing information on the accepted application for payment, including data on the purpose of the withdrawal, full name, DR, IIN, the amount of the lump-sum pension payment in the amount determined by the contributor (recipient), methods of withholding the IIT, EDS.

After receiving an electronic notification from the UAPF, within 5 business days, sends the amount of the contributor’s (beneficiary’s) lump-sum pension payment to an authorized operator, which then credits it to your special account.

Before exercising your right to use part of your pension savings, you must first check and make sure that the amount allowed for withdrawal is available in the individual pension account with the UAPF.

It is important to note that from April 1, 2022, the minimum sufficiency thresholds for withdrawing pension savings will be increased.

In the table, we present the indicators of “sufficiency thresholds” calculated by the UAPF, the validity of which begins in April 2022.

Age, years	Thresholds for minimum sufficiency of pension savings, tenge	Age, years	Thresholds for minimum sufficiency of pension savings, tenge
20	3 140 000	40	5 790 000
21	3,250,000	41	5 950 000
22	3 370 000	42	6 100 000
23	3 490 000	43	6 260 000
24	3 610 000	44	6 420 000
25	3 730 000	45	6 580 000
26	3 860 000	46	6 750 000
27	3,980,000	47	6 920 000
28	4 110 000	48	7 090 000
29	4,240,000	49	7 260 000
30	4 370 000	50	7 430 000
31	4,510,000	51	7 610 000
32	4,640,000	52	7 790 000
33	4,780,000	53	7 970 000
34	4,920,000	54	8 150 000
35	5,060,000	55	8 340 000
36	5 200 000	56	8 530 000
37	5 350 000	57	8 720 000
38	5 490 000	58	8 920 000
39	5 640 000	59-62	9 120 000

* If you need legal advice on the use of pension savings, then you can contact the law firm KORGAN at any time in person or by phone: +7 701 705 82 48.

There is a specific list where the use of lump-sum pension payments is allowed. Does it include?

full settlement under contracts for the sale, privatization, installment plan, exchange (exchange) of a dwelling, under contracts for equity participation in housing construction with a guarantee in accordance with the legislation on equity participation;
construction of an individual residential building, including the acquisition of land;
making a down payment for a mortgage loan;
receipt, partial or full repayment of debt, refinancing of a housing mortgage loan;
purchasing a home financed by an Islamic bank;
partial or full repayment of debt under long-term housing lease agreements with the right to purchase.

List of medical services for which you can use your pension savings:

treatment of orphan (rare) diseases, including their drug supply, as well as diagnostic studies to determine treatment tactics;
dental services provided in medical organizations in Kazakhstan;
reconstructive and restorative operations (plastic) for the purpose of correcting postoperative scars and congenital defects, of a cosmetic nature on the soft tissues of the body;
diseases requiring radionuclide and radioiodine therapy, radiosurgical treatment (gamma knife, cyberknife) and proton therapy;
medical rehabilitation in domestic medical organizations, including in sanatorium and resort conditions located on the territory of Kazakhstan;
ophthalmic services (laser vision correction, cataract treatment with multifocal lenses, intravitreal injections of angiogenesis inhibitors).

About the Court of the Astana International Financial Center (AIFC)

The Court of the Astana International Financial Center (AIFC), founded on January 1, 2018 at the initiative of the First President of the Republic of Kazakhstan Nursultan Nazarbayev, is an independent judicial system based on the norms and principles of the law of England and Wales. It operates in accordance with the best international standards for resolving civil and commercial disputes. The AIFC Court is independent in its activities and is not part of the judicial system of the Republic of Kazakhstan.

The AIFC Court has exclusive jurisdiction to hear cases and render judgments on:

any disputes arising between AIFC participants, AIFC bodies and/or their foreign employees;
any disputes relating to any transactions carried out in the AIFC and subject to the law of the AIFC;
any dispute referred to the AIFC Court by agreement of the parties.

In order to represent the interests of clients in resolving civil and commercial disputes in the AIFC Court, it is necessary to register with the AIFC Court and obtain the right to speak in this Court.

All lawyers with a professional qualification as a lawyer or advocate and a valid license or certificate of the right to practice law, from anywhere in the world, have the right to register with the office of the AIFC Court to represent the interests of the parties in court cases after submitting to the office of the AIFC Court documents confirming the existence of a professional qualifications of a lawyer or advocate, a valid license or certificate of the right to practice law and a letter of confirmation of proper status from the relevant body regulating the activities of lawyers.

Lawyers who do not have the professional qualifications of an advocate or a lawyer or a license to practice law, and whose legal practice is not regulated by the Bar Association, have the right to register with the AIFC Court Office to represent the interests of the parties to disputes before the AIFC Court, after submitting a bachelor’s degree to the AIFC Court Office law and two judgments or rulings in which the applicant is named as a representative of the party. A letter or recommendation from a judge or client confirming the parties’ previous representation in courts may be submitted as an alternative to judgments or orders.

If you are a lawyer or lawyer and want to represent your client in the AIFC Court, you can become eligible to appear in this court by registering on the eJustice official website at ejustice.aifc.kz or by sending an email with scanned signed copies of the above documents to: info@aifc-court.kz .

As for the law firm KORGAN, it is worth noting that in 2021 our Lawyers Alibaev Marat, Matsura Dmitry and Shirinov Emin successfully registered with the AIFC Court and received the right to act in the AIFC Court in order to represent the interests of clients in resolving civil and commercial disputes.