In recent years, in Kazakhstan, more and more efforts and attention on the part of the state are being paid to the development of small and medium-sized businesses. Opening and running a business today in Kazakhstan has become much easier than it was a few years ago. Hence the increased interest of foreigners in doing business in our country. KORGAN law firm has not remained aloof from the trend and accompanies foreigners and stateless persons wishing to engage in entrepreneurial activities in Kazakhstan, in the process of obtaining a C5 visa and the subsequent opening and conduct of commercial activities in Kazakhstan.
Today, it is illegal for foreigners to engage in entrepreneurial activities without obtaining an appropriate visa. Thus, in accordance with subparagraph 2, paragraph 2, article 40 of the Law of the Republic of Kazakhstan “On Population Migration”, foreigners who have not received entry visas as business immigrants are prohibited from being founders and participants in commercial organizations.
On the territory of the Republic of Kazakhstan, the Rules for issuing invitations, coordinating invitations for the entry of foreigners and stateless persons into the Republic of Kazakhstan, issuing, canceling, restoring visas of the Republic of Kazakhstan, as well as extending and reducing their validity (hereinafter referred to as the “Rules”) are in force. So, according to paragraph 31 of Appendix 1 to the above Rules, a visa intended for entry as a business immigrant is a category C5 visa and it is issued by foreign institutions of the Republic of Kazakhstan on the basis of an invitation with the following documents:
- petitions;
- a medical certificate confirming the absence of diseases, the presence of which prohibits the entry of foreigners and stateless persons into the Republic of Kazakhstan;
- health insurance;
- certificate of the presence or absence of a criminal record issued by the authorized body of the country of citizenship or permanent residence;
- certificate of the presence or absence of a ban on entrepreneurial activities based on a court decision issued by the authorized body of the country of citizenship or permanent residence.
According to paragraph 7 of paragraph 12 of the Rules, additionally, when applying for a visa, business immigrants are provided with petitions from local executive bodies (akimats) of the capital, cities of republican significance and regions of the Republic of Kazakhstan.
When choosing KORGAN Law Company as an organization that will accompany you in obtaining a C5 category visa, opening and running a business in Kazakhstan, you no longer need to worry about the legal component of this issue, as our specialists from the cities of Nur-Sultan, Karaganda and Almaty have a long-term experience in this area.