Foreign investors are allowed by Kazakhstan law to own 100% of a Kazakhstan company (e.g. – LLP Limited liability partnership) and the participation of a Kazakhstan shareholder is not mandatory. Because of double taxation treaties, it might be wise to tailor the share capital of a subsidiary company according to the relevant treaty’s minimum to reduce dividend and withholding tax.

Guideline for a Company Registration in Kazakhstan:

1. Determination of the name Determination of the name of the entity; According to current Kazakhstan legislation, the company name must include the legal form (e.g. – LLP) and the actual name of the legal entity.
2. Determination of the entity’s sphere of activities;
3. Determination of the amount of the share capital (important note: check the double taxation treaty). According to the law, the share capital must be defined in rubles, with a minimum of 1 US Dollar.
4. Determination of the legal address in Kazakhstan
5. Appointment of the general director of the entity

Immediately after founding an entity, it is obligatory to keep accounts and to do tax declarations. A fast and convenient solution may be accounting outsourcing. If you outsource payroll services, you should still be aware that all other reports of the entity need to be done – therefore a full accounting outsourcing may be simple a good solution. To reduce cost for office rent, renting just a single co-working space or a legal address for your entity may significantly simplify your company structure in Kazakhstan as you get a full service package and you may reduce costs.

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