Business registration in Kazakhstan

In accordance with the Entrepreneurial Code of the Republic of Kazakhstan, all business entities are divided into three groups – small businesses, including micro-businesses, medium and large businesses.

Small business entities are individual entrepreneurs without forming a legal entity and legal entities engaged in entrepreneurship, with an average annual number of employees of not more than one hundred people and an average annual income of not more than three hundred thousand times the monthly calculation index established by the law on the republican budget and effective as of January 1 of the corresponding financial year.

The subjects of micro-entrepreneurship are small businesses engaged in private entrepreneurship, with an average annual number of employees of no more than fifteen people or an average annual income of not more than thirty thousand times the monthly calculation index established by the law on the republican budget and effective as of January 1 of the corresponding financial year.

At the same time, individual entrepreneurs and legal entities engaged in:

• activities related to the circulation of narcotic drugs, psychotropic substances and precursors;
• production and (or) wholesale of excisable products;
• grain storage activities at grain receiving points;
• running a lottery;
• activities in the field of gambling;
• activities related to the circulation of radioactive materials;
• banking activities (or certain types of banking operations) and activities in the insurance market (except for the activities of an insurance agent);
• auditing activities;
• professional activity in the securities market;
• activities of credit bureaus;
• security activities;
• activities related to the circulation of civilian and service weapons and ammunition for them.

Individual entrepreneurs and legal entities carrying out these types of activities are classified as medium-sized businesses.

Medium business entities are individual entrepreneurs without forming a legal entity and legal entities engaged in private entrepreneurship, with an average annual number of employees over 100 (one hundred) but not more than 250 (two hundred and fifty) people and an average annual income of over 300,000 monthly calculation index up to 3,000,000 monthly the calculated indicator established by the law on the republican budget and effective as of January 1 of the corresponding financial year.

Large business entities are individual entrepreneurs without forming a legal entity and legal entities engaged in private entrepreneurship and meeting one or two of the following criteria: the average annual number of employees is more than 250 (two hundred and fifty) people and (or) the average annual income is more than 3,000,000 (three million times) monthly the calculated indicator established by the law on the republican budget and effective as of January 1 of the corresponding financial year.

Starting from 2014, all business entities are required to be members of the Chamber of Entrepreneurs and pay monthly membership fees, with the exception of small businesses that are exempt from paying membership fees for five years.

In order to start a business in our country, you need to decide which category of entities your business will be assigned to, what kind of occupation you will be engaged in, determine the authorized capital of the enterprise and the legal form.

Through the e-government portal, you can register a legal entity without leaving your home, this procedure takes two working days and does not require additional time spent on visiting government agencies.

Step-by-step procedure for registering a legal entity:

• First, you need to obtain a digital signature through the e-government portal and update it at any of the public service centers;
• Secondly, go through a step-by-step registration of a legal entity on the e-government portal;
• Thirdly, since one of the signs of a legal entity is a seal, after registering a legal entity, it is necessary to order a seal of the organization;
• Fourthly, contact the territorial statistical bodies to obtain a statistical map and submit primary statistical reports.

In accordance with the Law of the Republic of Kazakhstan “On State Registration of Legal Entities and Record Registration of Branches and Representative Offices”, small and medium-sized businesses are exempt from paying state fees when registering a legal entity.

Our experts will help you choose the best option, draw up constituent documents, orders, draw up documents with a notary and complete all the necessary formalities without leaving your home or office, thereby saving you from paperwork.

In addition, we provide services for the re-registration of a legal entity in the event of: changing the name, increasing or decreasing the authorized capital, changing 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 location address, changing type of activity and change of director.